Technologies To Grow Your Check Cashing Business
Aug 24
The check cashing business seems to be poised for growth. There will be increased competition to offer better rates as those in business seek to expand their own customer base. As mentioned in the podcast on this site, check cashing services’ customers are often working class citizens who are in need of extra money and seek to use the payday loan product offered by many check cashing...
So You Want To Start A Check Cashing Business?
Aug 23
Do you want to start a check cashing business? Has the thought of getting a slice of that $100 billion dollar pie been keeping you up at night? Then it’s probably time to begin looking at starting your own check cashing business. Before you do though, there are several things you probably need to consider, as you would with any business. You’ve spent time on this blog and...
One Stop Shop | Check Cashing Service
Aug 22
The Check Cashing industry is a 100 billion dollar behemoth that shows little to no signs of slowing down. One of the major reasons for this is because of convenience. Check cashing businesses ofter supply their consumers with additional services that have a relationship to their money. This is no different than a fast food burger joint offering fries and shakes along with their...
Check Cashing Service | The 100 Billion Dollar Industry
Aug 21
So far I have shared information I have gathered on the subject of check cashing services. There are negative connotations to the thought of anyone having to use a check cashing service. In my opinion, negative view seems to come from those who actually have a bank account and have a bit of trouble seeing things from another perspective. In this great democracy we call the United States,...
FDIC Program Goes Head to Head With Check Cashing Services
Aug 20
Check cashing services appeal to millions of Americans because of convenience. Over time, they have become sort of a one stop shop. In addition to check cashing, these businesses offer an array of services such as payday loans, money orders, prepaid debit cards and bill pay services. Easy cash payday loans which are often used by individuals who are in a crunch and would normally have...
Check Cashing Service | Making The Ends Meet
Aug 19
It simply made sense. Given the options I had left, I had to decide how to best handle my banking matters. A check cashing service was my only out. Bad decisions and the untimely loss of my job created a horrible situation at my bank. I had fought long and hard to keep my account from going into overdraft. Would you believe that for all of my efforts, there was a charge of less than...
The Check Cashing Business
Aug 17
The check cashing business has developed into a vital part of the American economy. There are over 17 million Americans who do not have a bank account of any type. The Federal Deposit Insurance Corp. published a set of revealing information not very long ago that puts actual numbers to this claim. According to their research, nearly 20% of American households earning $30,000 or less do...
