Post Office Pay Day Loans: A Stunningly Bad Idea

Post Office Pay Day Loans: A Stunningly Bad Idea

The obvious situation against having the postoffice into banking is the fact that USPS is terribly ineffective during the one job its created specifically for—delivering mail. Its very very first quarter report that is financial financial year 2018 reported a loss in $540 million, following 12 consecutive several years of monetary losings, totaling around $65 billion. This might be for a federal government monopoly with an $18 billion benefit over comparable personal sector organizations, who all make healthier earnings. Continue reading Post Office Pay Day Loans: A Stunningly Bad Idea