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Before You Enter a Check Cashing Store URL: http://www.aarp.org/money/credit_debt/a2002-10-04-CreditDebtFringeBanks.html Description: Brief advice suggesting that consumers not "rely on check cashing stores to cash their payroll, government, or personal checks. These corner stores charge customers very high fees." Instead, consumers "can avoid paying high fees by opening or using a basic checking or savings account at a bank, savings and loan, or credit union." Also provides tips on what to ask about fees and obtaining a receipt when using a check cashing store. From AARP. LII Topics: Checks, Consumer Education, Consumer Research & Advocacy, Money Publisher: AARP Extra Keywords American Association of Retired Persons LII Database Information: Record 25549 created by Maria Brandt on 02/25/2008 Last modification on 02/25/2008 Published: 02/27/2008 Funding agency: California State Library LII Item ID: http://lii.org/cs/lii/view/item/25549 |
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