Check cashing services and payday lenders
jeudi 20 avril 2017 à 02:00Why poor Americans use check cashing services and payday lenders. It's not that they are unaware of the costs.
Overall, it seems that they are living so close to the edge of being broke that they are constantly pushed around by short term necessity. They can't afford to deposit checks in a bank that won't charge a fee.
The solution to this is to make things better for the poor.