Unmentioned in the article: New York has strict regulations on check cashing that limit fees. Roughly 2%. Only a few states do this, some limit it at 5%. Th

Unmentioned in the article: New York has strict regulations on check cashing that limit fees. Roughly 2%. Only a few states do this, some limit it at 5%. The check cashing business is very different in those states that don't have such limits.