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Why Banking during the postoffice might be a Better Option Than Payday Loans — and Wall Street

Posted by / 2 diciembre, 2020 / Categories: titlemax loans / -

New york postoffice. Picture by John Donges.

The U.S. postoffice on Martin Luther King, Jr. Blvd. is a bastion on its Harlem block. Entrenched beside a pawnshop, a cash-for-gold company, and a commercial bank numerous when you look at the neighbor hood aren’t able to utilize, the center is actually a fortress. That includes hefty stone walls, metal screens, vaults, ATMs, and armored vehicles, the premises evoke one word: safety. They also suggest a second word: Bank if you’ve followed recent news.

Post workplaces are designed like banking institutions.

And that’s just one single reasons why postal banking, a hot concept in economic policy debates, is viable. Continue reading →