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The surprising logic behind the use of check cashers and payday loans
Often seen as predatory, the check cashing industry has been booming. Lisa Servon wondered why lower-income people who were struggling would cash ...
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What is a Cash Advance? This is a temporary financial service that is secured against your future paycheck. Having grown in popularity since the early 1990s as a means to combat NSF fees and late payment penalties, many individuals prefer this fiscal tool to supplement a temporary loss of income or cover an unforeseen expense over other methods, such using high interest rate secured products ...