U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Kentucky > Louisville area
 [Register]
Louisville area Jefferson County
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 07-11-2009, 10:45 PM
 
Location: southeast michigan
11 posts, read 32,157 times
Reputation: 11

Advertisements

I recently visited Louisville (possibly relocation in the next year because of job), and noticed that all over the Bardstown Rd* area there were check-cashing businesses - at one point it seemed like there was one on every corner. I'm not used to seeing such places so predominantly, as I associate them with payday loans and "seedier" areas. Is the perception I have out of place? And why are there so many check-cashing businesses in Louisville?

(Bardstown south of 264, nearish to Appliance Park.)
Reply With Quote Quick reply to this message

 
Old 07-12-2009, 06:32 AM
 
Location: Louisville KY Metro area
4,824 posts, read 12,476,629 times
Reputation: 2112
Quote:
Originally Posted by IWantToBelieve View Post
I recently visited Louisville (possibly relocation in the next year because of job), and noticed that all over the Bardstown Rd* area there were check-cashing businesses - at one point it seemed like there was one on every corner. I'm not used to seeing such places so predominantly, as I associate them with payday loans and "seedier" areas. Is the perception I have out of place? And why are there so many check-cashing businesses in Louisville?

(Bardstown south of 264, nearish to Appliance Park.)


"And why are there so many check-cashing businesses in Louisville?" --

Because they a profitable.

I have no dog in this hunt, don't really have an opinion, but the Kentucky Legislature has taken many stabs at keeping these businesses under control.

I do have a dog in the hunt when it comes to education. A huge majority of the people using these services are examples of the failures of JCPS since merger. JCPS could be/should be the best public educational system in the US. It is so mired in adult politics that the children are left standing in the cold.

We could really get into some spirited discussions about this, but until all the arguers are willing to accept facts rather than distorted emotional attitudes, we won't get it fixed.
Reply With Quote Quick reply to this message
 
Old 07-12-2009, 06:34 AM
 
Location: Back in Melbourne.....home of road rage and aggression
402 posts, read 966,793 times
Reputation: 520
I've never used one myself, but I don't know that they are exactly like those payday loans places. To be honest I would have thought that something like that would taken a downturn, in the age of ultimate technology. But there are still people that do not have bank accounts, and many banks will not cash checks if you don't have an account with them.

I can recall seeing check cashing joints in most areas of Louisville and surrounds, so I don't know if it's a seedy business, or just something of necessity? I wouldn't know; I've had my own bank account since I was 14 and just putting babysitting money into it.....

anybody else able to answer what the go is with all check cashing places on Bardstown??

Cheers!
Reply With Quote Quick reply to this message
 
Old 07-12-2009, 07:11 AM
 
Location: NOVA
4,521 posts, read 4,972,074 times
Reputation: 1912
Check cashing places ARE payday loan factories. Some say TOmato others say toMATO.

You'd think 34% interest would be considered obscene but apparently not.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Kentucky > Louisville area
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top