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The logic that is surprising the usage of check cashers and pay day loans Frequently viewed as predatory, the check cashing industry is booming. Lisa Servon wondered why lower-income those who had been struggling would cash checks rather than getting a banking account, therefore she took employment being a cashier to learn. Just exactly just What she discovered — it’s frequently cheaper — may be the topic of her brand new guide, “The Unbanking of America.” Economics correspondent Paul Solman reports. Read the transcript that is full HARI SREENIVASAN: Next: you want some cash real fast? Economics correspondent Paul Solman explores why, for many clients,Read More →