Sunday, December 26, 2010

Alternative financial services

More than one in four American households use check chashers, payday lenders or pawnbrokers rather than a bank, according to recent FDIC report. Those using check cashers and other services say they are faster, cheaper and more convenient than banks even though they pay a fee to cash a check. Nearly 30 million Americans have no bank account or use alternative financial services.
More Business and Management

No comments:

Post a Comment