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re: Wal-Mart getting into the banking business

Posted on 9/30/14 at 11:40 am to
Posted by Doosh606
The DC
Member since Apr 2008
3232 posts
Posted on 9/30/14 at 11:40 am to
Holy shite that first map should be a red flag to everyone on this board
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 9/30/14 at 11:45 am to
I bet a map of payday lender density would correlate closely
Posted by southernelite
Dallas
Member since Sep 2009
53179 posts
Posted on 9/30/14 at 2:16 pm to
I've been seeing this happening for a while. They already have money services they have been expanding for the past few years.

Its extremely popular with the immigrant workforce. They will go on payday, cash their check, send the majority back to mexico leaving themselves enough money to buy unerwear, refried beans, and tortillas.

Its actually quite the sight to be in a Walmart on construction worker payday.

Now, they're going to get people on government assistance to deposit right into their walmart bank account.
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