Should Check Cashing Shops Be Outlawed?

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Check Cashing Services Amanda Kunkel Everest University Check Cashing Services Should check-cashing shops be outlawed? This is a very interest topic that results in people falling on either side of the line typically. In my personally opinion, while I do not believe they offer the best rates, I feel that check cashing shops should be allowed to exists. However I feel that they need to have a tighter regulation and not be able to offer such a high interest rate or fast repayment. I currently work for a Credit Union and I can see where check cashing services can be an option for several low income families or families with a dent in their credit report. However, I feel that these companies

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