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South End won't get 24-hour check-cashing place, but Dorchester might

The South End Forum reports the company that wanted to keep its check-cashing place at Mass. Ave. and Tremont Street open 24 hours has told the mayor's office, nah, just kidding, they'll keep closing at midnight. But the group adds:

They will however pursue a proposal for a 24/7 operation at their Edward Everett Square location at Boston Street in Dorchester.

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Comments

Because a place near Methadone Mile needs a 24 hour check cashing place.. ugh..

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These places know their market and how to cash in. Think of all the drug dealers who can send money back to Dominican Republic and Puerto Rico after selling all their wares nearby. Think of all the people who can't get bank accounts with their aliases who will be regular customers. Why do you think check cashing places exist? You certainly will never find them in Dover or Wellesley.

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Really, drug dealers sending money back to the DR/PR? Discriminate much?

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With a Dunkies across the street and a hundred or so yards from a school, I cannot believe they suggested that location with a straight face.

IMO, It'll go do down quicker than the South End proposal.

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Technically, the address is 1284 Mass. Ave. The issue is whether the state would let them extend their current 6 p.m. closing time to 24 hours.

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I know where it is.

The point being the extended hours will go over like a lead balloon for the neighbors.

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...is that check cashing businesses are regulated by the Division of Banking (state). However, a business that wants to increase their hours --even to 24/7--need only file "notice" with the Division. No hearing is required so there's no vehicle for public comment except in the public square. In fact, PLS went to the local civic association in Dorchester for their 24/7 proposal and they firmly and resoundingly said no. So the company said: "...thank you very much but we don't need your approval anyway and we're going ahead with this because we can."

District Councilor Frank Baker is now looking into whether there is any authority by the city to regulate hours for these businesses, but if none exists, they can, we are told, go ahead and do this after filing the "notice" with the state.

We in the South End are already talking to our state rep. about closing this loophole legislatively or in regulation, but new bills won't be filed for the new session until January--a long way off.

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Despite their assurances to several government officials that they would hold off on changing their hours, PLS Check Cashing has already changed their hours at the Dorchester location to 24/7!

Apparently they could give a hoot about what the neighbors in Dorchester think!

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