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Posts: 162
In response to
"
they are marketing to very low income people who do not have bank accounts. -- nm
"
by
loosilu
It actually a smart business move for WM, I'm thinking.
Posted by
ty97
Feb 6 '09, 09:19
The overlap between check cashing places and Wal-Mart customers bases is likely significant (if my understanding of the two markets is correct)
Responses:
Sure, and they assume some risk for bad cheques, but it is offset by the fees. -- nm
-
Name Withheld By Request
Feb 6, 09:21
absolutely, then they can spend the cash in the store. -- nm
-
loosilu
Feb 6, 09:20
I've never shopped in one but I'd cash my check there. -- nm
-
Krusty
Feb 6, 09:20
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