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June 25, 2009 | alternatives, industry | Comments (0)Check cashers cash checks. Payday lenders make loans. Even Kiplinger makes mistakes:
Historically, financial institutions have left the business of serving immigrants’ needs to others. Payday lenders have cashed checks, while Western Union and MoneyGram have been popular for those sending money back to their home countries. Coinstar, Green Dot and Wal-Mart have the reins on the prepaid debit card market.
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