Why Banking in the Post Office might be a Better Option Than Payday Loans — and Wall Street

Why Banking in the Post Office might be a Better Option Than Payday Loans — and Wall Street

New york post office. 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 business, and a commercial bank numerous within the neighbor hood aren’t able to make use of, the center is actually a fortress. Detailed with hefty stone walls, steel displays, vaults, ATMs, and trucks that are armored the premises evoke one word: protection. They also suggest a second word: Bank if you’ve followed recent news. Continue reading “Why Banking in the Post Office might be a Better Option Than Payday Loans — and Wall Street”