As many as five Checkless Cash shops are expected to open throughout the
Smith, a retired AT&T ad salesman, said he and four friends decided consumers needed payday shops able to print checks on the premises. Their first shop has opened on
"What you see in this business is just everybody from all walks of life coming in the door," Smith said.
Checkless Cash joins a sizeable industry in the city.
Nearly 900 payday lenders, pawn shops, tax refund offices, rent-to-own stores, check cashers, car-title lenders, bail bond offices and dollar stores take in almost
(c)2014 The Commercial Appeal (Memphis, Tenn.)
Visit The Commercial Appeal (Memphis, Tenn.) at www.commercialappeal.com
Distributed by MCT Information Services