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> For a poor person, a check-cashing place is generally the cheapest and most straightforward way to cash checks That's the problem, though. It doesn't matter
by wan23 5y ago
> For a poor person, a check-cashing place is generally the cheapest and most straightforward way to cash checks
That's the problem, though. It doesn't matter how good or bad their service is because their business model should not exist.
- awillen 5y agoThat's a problem, but it in no way makes them sharks as the post that I was responding to said. There is a structural issue in banking, and they arose to fill a need that results from that structural issue. They do so in a fair and transparent way at reasonable prices, though, so it's unfair to describe them in predatory terms. The fact is that poor people are better off because they exist.