Tuesday, April 16, 2013

Big-box stores offering loans, other financial services

McClatchy reports:
Need to refinance your mortgage? Just put it on your shopping list next time you visit Costco, alongside the jumbo paper towels and the 6-gallon bucket of cat kibble. 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.
Competition is a good thing, even though people who believe in anti-trust laws just don't get it.