Post office considering financial services

As if lines at the post office weren’t already slow:

The U.S. Postal Service is considering adding new financial products, including its own reloadable prepaid card and small loans, as a way to generate traffic and revenues as mail volumes decline, according to a report from the agency’s inspector general. It would mean competition for the payday loan industry.

What do you think of the post office adding financial services?ImagePaul J. Richards / AFP / Getty Images

Advertisements