Hello! Your question is lacking some alternatives, so here goes the full version:
Which of the following statements about check cashing companies is FALSE?
They offer bad deals where you'll owe a lot more than you borrowed.
They charge low fees.
They can take a percentage of your check on top of fees.
They make it easy to fall into a loan cycle that is hard to get out of.
Answer: The false alternative is B. The fees in cashing companies are considered to be higher than the ones in traditional banking and also predatory, since it becomes really difficult for the client to get out of the loan cycle offered by this kind of companies.
