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The surprising logic behind the use of check cashers

Often seen as predatory, the check cashing industry has been booming.

06/22/2017

PBS News Hour

The surprising logic behind the use of check cashers

Clip: 6/22/2017 | 8m 27s

Often seen as predatory, the check cashing industry has been booming.

Often seen as predatory, the check cashing industry has been booming. Lisa Servon wondered why lower-income people who were struggling would cash checks instead of getting a bank account, so she took a job as a cashier to find out. What she learned -- that it’s often cheaper -- is the subject of her new book, "The Unbanking of America." Economics correspondent Paul Solman reports.

06/22/2017

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