Tuesday, February 24, 2009

Money Transfers and Check Cashing on Clark

I had never seen these businesses before I moved to Chicago. Cash transfers are everywhere in Rogers Park. They're probably as common as the payday loan stores.

These businesses aren't regulated like banks, and they may charge rates that take advantage of workers who don't have many other options, like bank accounts or credit cards... 

Not sure anyone can fit more signage on this building.

1 comment:

  1. I had never seen currency exchanges until I moved to Chicago (from Cleveland, Ohio). Seemed like there was one on every block. I was told it was because way back when, Illinois prohibited branch banking -- there were no ATM's from which to get your cash.

    ReplyDelete