Woodstock Institute

Johan Fantenberg via flikr / https://creativecommons.org/licenses/by/2.0/

People who use Illinois currency exchanges will pay less in fees to cash certain types of checks. It’s part of an overhaul of the state’s check cashing fee structure.  


State financial regulators are recommending an increase in the fees that currency exchanges charge for cashing checks. Opponents say it will hurt Illinois' poorest residents.