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Big-Box Stores Offering Loans, Other Financial Services

Tuesday, April 16, 2013 - 6:27 AM
Big-box retail stores today offer a growing number of financial services, from check cashing and reloadable pre-paid cards to small business loans and life insurance.

The products appeal to consumers attracted to the convenience of one-stop shopping and fed up with the overdraft fees, tight credit and minimum balances at banks. But retailers aren’t subject to the same federal oversight as banks, and they might not always provide the same consumer protections.

Big-box stores offering loans, other financial services | McClatchy
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