An Ivy League professor who spent 4 months working in a South Bronx check-cashing store says we’re getting it all wrong

Courtesy Lisa Servon • University of Pennsylvania professor Lisa Servon went to work as a teller at a check-cashing store to find out why customers use the service. • Prevailing wisdom holds that customers would be better served by using a bank. But Servon found that check cashers were frequently cheaper and served customers’ needs […]