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Non Profit Check Casher May Ease Predatory Lending Pinch

From: Making Contact
Series: Making Contact
Length: 07:41

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A new business is trying to clean up the image of check cashers, one customer at a time. Read the full description.

Z_headphones-globe_small Drive through almost any low-income neighborhood in the United States and you’ll see signs for check-cashing and payday loans. Locals come to these places for quick access to cash, or to send money overseas.  Advocates say the high fees at these places are one more obstacle in the way of climbing out of poverty. But Andrew Stelzer has more about one new business that’s cleaning up the image of check cashers, one customer at a time.

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Piece Description

Drive through almost any low-income neighborhood in the United States and you’ll see signs for check-cashing and payday loans. Locals come to these places for quick access to cash, or to send money overseas.  Advocates say the high fees at these places are one more obstacle in the way of climbing out of poverty. But Andrew Stelzer has more about one new business that’s cleaning up the image of check cashers, one customer at a time.

Broadcast History

Segment of Making Contact show #40-09 "How We Survive: Predatory Mending"

Intro and Outro

INTRO:

Drive through almost any low-income neighborhood in the United States and you’ll see signs for check-cashing and payday loans. Locals come to these places for quick access to cash, or to send money overseas. Advocates say the high fees at these places are one more obstacle in the way of climbing out of poverty. But Andrew Stelzer has more about one new business that’s cleaning up the image of check cashers, one customer at a time.

OUTRO:

Related Website

www.radioproject.org