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What are check-cashing services?
Check-cashing services offer quick access to funds for individuals who do not have traditional bank accounts, typically through storefronts or retail locations. These services typically charge high ...
According to the latest figures from the Federal Deposit Insurance Corp., almost 6 million U.S. households were “unbanked” as of 2023. That means that no one in the household has a checking or savings ...
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In May of 2009, Community Development Finance (CDF) opened the first nonprofit, full-service check cashing store in the country in Fruitvale, California. The project is designed to provide low-income ...
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