Re:Credit Scores Can Run – and Ruin – Our Lives
by kkielhofner on Wednesday May 25, 2022 @11:53AM
(#31506313)
Wow, I wasn't aware of this use of ChexSystems but from the standpoint of banks, check cashers, etc that makes business sense.
From the perspective of people trapped in this system paying 10% in fees to cash a $300 check is outrageous - but at this point it's more or less what they have to do and that's "just the way things are".
From the perspective of people trapped in this system paying 10% in fees to cash a $300 check is outrageous - but at this point it's more or less what they have to do and that's "just the way things are".