https://old.reddit.com/r/FluentInFinance/comments/1fi9t1j/being_poor_is_expensive/
/h/peakpoors
HO_HO_HO_Manchin
I/WV
Official North Pole Government Account ☑️
2mo ago
(reddit.com)
793 thread views
#301036
Official North Pole Government Account ☑️
2mo ago
(reddit.com)
793 thread views
#301036
Peakpoors cry 
about the peakpoor industrial complex 
charging them $11 
when they overdraft 
on Funkos and Fortnite microtransactions 
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Top Poster of the Day:
Thirtythirst4sissies
Current Registered Users: 28,711
I see the poors are pretending to be big wallet niggas again est. 2016
Hello, welcome to 'I see the poors are pretending to be big wallet gangstas again'
This hole exists as a safe space for refugees from the Facebook(MetaTM groups of the same name. Of which there have been several iterations. We mostly exist to poke fun at the state of living in poverty. While it oftentimes is unavoidable, we do aspire to not be meanspirited. Over the years we have co-opted the term 'Peak Poor' to being someone who exudes poverty, regardless of their actual net worth. Trump and Elon both exhibit the peak poor ethos from time to time while still being the top 0.000001%. You can do something peak poor and still be a good person or a generally adjusted one. We all have a bit of poor in us.
We basically fill a niche similar to fatpeoplehate with a bit less actual malice.
PeakPoor is shotgunning mountain dews at 5 years old.
PeakPoor is not people dying of poverty. While technically the greatest heights of poverty is succumbing to it this is not funny, and is a failure
of capitalism. We do not make fun of poverty to be mean spirited such as that.
Read the room, if it's punching down too hard or really digging into someone whos a sympathetic character it doesn't belong here. (basically READ THE ROOM)
Sitewide rules apply
other rules
Subscribe to this hole, it's important that we get our numbers up. Love numbers = peak poor
Bonus points for making your post title some variation of peak poor. (Pinnacle of Poverty, Prowess of the Penniless)
I am looking for a mod who will help me grow this place and encourage the facebook community where the majoryity of our members reside
to migrate. Contact me if interested.
I really do love you all so very much, i'm even spending drama coin to get some banners and marseys. thanks for being a part of the community.
/h/peakpoors SETTINGS /h/peakpoors LOG /h/peakpoors MODS /h/peakpoors EXILEES /h/peakpoors FOLLOWERS /h/peakpoors BLOCKERS
Current software version: 9ce6010
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It's a predatory place that'll cash your paycheck for a fee. They're set up in low income neighborhoods where it's risky to open a bank. They kinda made sense in the day when you had to go to the bank and cash a check. With direct deposit and online banking there's really no reason to go to one unless you want to immediately cash your paycheck and buy totally legitimate merchandise with it.
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How is that predatory? I get how loans can be predatory, but check cashing for a fee in place where bank won't open? How's that predatory?
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They take a percentage of your check. Usually a few based on the check. Where they get you is they offer cash advances that are at like 350 - 500% interest. Anymore you can open a bank account from your phone and cash a check for free. You can even get high yield savings accounts that give you about 5% interest. You can even get high yield checking that pays about 1%.
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No. They're not there because it's risky to open a bank. They're there because the bank will wait for the check to clear before giving you the money and these people need the money now and are willing to pay for that.
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Do poors not know about reading the check to find the issuing bank and cashing it there?
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You assume every bank has a local branch. There are thousands of banks in America.
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I do a lot of walking
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You're not thinking
poor enough. These people can't get bank accounts because they've burned the bank before 
(see the Chase ATM glitch).
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Martin Luther King gave a speech in West Philadelphia in which he called for "Freedom Now," which is marked with a historical sign. I'm so sad that it closed, but right across the street from that sign used to be a check cashing place called "Currency Now."
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