After scouring an East San Jose neighborhood for hours, police have arrested a suspect in an attempted robbery and shooting at a nearby check-cashing business Thursday morning.
San Francisco’s city attorney announced details of a $4.3 million settlement with some payday lenders including Check ‘n Go that allegedly spiked interest rates as high as 400 percent.
With more and more Bay Area residents relying on check cashing places for their financial services, rather than traditional banks, several non-profit organizations are stepping up to provide low-cost services for those living paycheck-to-paycheck.
Police are looking for a man responsible for the armed robbery of a check cashing business in Santa Rosa Friday evening.
The city of San Jose is looking at how to regulate the short-term, high interest loans offered by check cashing stores, City Councilman Ash Kalra said Wednesday.