14 February, 2017

Why check-cashing stores are a good deal, according to a UPenn professor - Business Insider

Why check-cashing stores are a good deal, according to a UPenn professor - Business Insider: "Not all check cashers are the same, but the perception of the industry as seedy doesn't jibe with Servon's experience. And contrary to the views of the financial elite, customers' use of check cashers typically didn't seem naive or poorly thought out, but rather the smartest decision they could make given their circumstances, according to Servon.

"It showed me that those decisions are often rational, logical decisions, even if they're expensive," Servon said."



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