An Ivy League professor who spent 4 months working in a South Bronx check-cashing store says we're getting it all wrong
An Ivy League professor who spent 4 months working in a South Bronx check-cashing store says we're getting it all wrong:
"The three common reasons customers cited for using a check casher over a bank: cost, transparency, and service. Lisa Servon couldn't kick the nagging feeling that the financial elite had it all wrong. The prevailing wisdom from bankers and policy makers went like this:
"The three common reasons customers cited for using a check casher over a bank: cost, transparency, and service. Lisa Servon couldn't kick the nagging feeling that the financial elite had it all wrong. The prevailing wisdom from bankers and policy makers went like this:
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