Check cashing

El Rancho Supermarket in Menlo Park (CBS)

$18,000 Stolen From Menlo Park Supermarket During Armed Heist, 4 Suspects Sought

Police in Menlo Park are searching four armed masked men suspected of attacking a supermarket cashier and stealing around $18,000.


(Indranil Mukherjee/Getty Images)

Larry Magid: T-Mobile To Launch Mobile Money Checking Service

T-Mobile is teaming up with Safeway to launch a new checking service called Mobile Money.


San Jose Police blocks streets as they search for the robber of a check cashing store. (CBS)

Streets Reopen After Arrest Of SJ Check-Cashing Robbery Suspect

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.



Payday Lenders Reach $4.3 Million Settlement With SF

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.



ConsumerWatch: New Financial Options For The ‘Unbanked’

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.


Armed Robbery

Santa Rosa Check Cashing Store Robbed At Gunpoint

Police are looking for a man responsible for the armed robbery of a check cashing business in Santa Rosa Friday evening.

CBS San Francisco–04/16/2011


San Jose To Take Up Payday Loan Regulations In 2011

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.