4 ms·
>getting raped at a payday loan kind of place where they take 40% and all your PII I think that's an exaggeration. At least, the last time I went to a check ca
by vba616 5y ago
>getting raped at a payday loan kind of place where they take 40% and all your PII
I think that's an exaggeration. At least, the last time I went to a check cashing place in the early 2000s, that was not true. Fees are high compared to banks, but not 40%, come on.
Wouldn't one of the main reasons you do that and don't get a bank account be because you are not authorized to be/work/etc in the US? So "all your PII" doesn't ring true to me, nor was it my experience although times were different.
- pengaru 5y agoI only tried it once at a payday loan place in a shithole town a few years ago. They required enough PII to run a credit check and wouldn't even say how much of a cut they were going to require until they collected all that information, saying it depended on the results. After some back and forth they said as high as 40% would be the fee. Clearly I passed, but I had options, this was mostly a curiosity combined with an awkward situation. The locals keeping the place in business were getting shafted.