Friday, December 20, 2013

Check Cashing Establishments: An Inside Look

Check out Rite Check on PBS News!

"Nearly 20% of low income US households are "underbanked," according to the FDIC. But is providing access to traditional, mainstream financial services the best solution for everyone? A professor does double duty as a New York City check casher and discovers that banks might not be the best choice for everyone."

Lisa Servon, a professor of urban policy at the New School, works as a teller at Rite Check to learn what makes check cashing establishments different-- and for some, better-- than banks.

Watch the full story on PBS News.

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