Payday lenders and check cashers have never been more popular with consumers. There are more payday lenders in the U.S. than there are McDonald's locations and Starbucks combined. Yet their business ...

Lakeisha Williams has a bank account. That doesn’t mean she always uses it. The home health aide from West Harlem sometimes can’t wait the few days it takes for her paycheck to clear. So she ...

Check cashers say a growing number of banks are refusing to lend to or even accept deposits from them, and they are concerned that the trend could put many of them out of business. Citigroup Inc. was ...

During the last year one of the hottest topics among government regulators and so-called consumer advocates has been the plight of the "unbanked." According to these sources, many of our economic ills ...

Wal-Mart's announcement last week that it's expanding its financial services is troubling because, well, because we're talking about Wal-Mart. The world's biggest retailer casts a long shadow over ...

The Division of Banks has ordered six check cashers, including three in Central Massachusetts, to stop charging customers fees for depositing Social Security and other government benefit checks. State ...

From behind the Plexiglas window at the back of his Brooklyn Park shop, Charlie Ward spotted one of his regular customers ambling toward him. “He’s heerrre!” exclaimed Ward, arms out to 80-year-old ...

A judge has upheld regulations that New York state imposed on check-cashing businesses, dismissing a lawsuit that the much-maligned industry had filed in an effort to block caps on the fees they can ...