Re:NYT: How Expensive It Is to Be Poor
by VLM on Tuesday January 20, 2015 @12:15PM
(#8917969)
In addition to whats listed, legal judgments, back child support, wage garnishment.
This is why expensive check cashing exists, its cheaper to pay 5% than having all 100% of it seized by a collection agency without your knowledge, leading to a raft of bounced checks and related check bouncing fees.
You pretty much get one shot with the economic system, and if you're ever kicked out, that's it, all done, forever, other than heartwarming anecdotes and the like.
This is why expensive check cashing exists, its cheaper to pay 5% than having all 100% of it seized by a collection agency without your knowledge, leading to a raft of bounced checks and related check bouncing fees.
You pretty much get one shot with the economic system, and if you're ever kicked out, that's it, all done, forever, other than heartwarming anecdotes and the like.