Why consumer lenders are adding check cashing

  • Gain New Fee Income from Existing Customers
  • Attract New Customers by Adding New Entry Point
  • Improved Loan Scoring
    • Check Cashing offers an earlier point of entry for credit
    • Transactional experience builds credit score
  • Improved Collections
    • Get to them FIRST on PayDay (they will be in your store)
    • Net payment out of Checks Cashed
  • Plus all of the Centralized Control Benefits

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