The financial institutions typically have the highest fees are the "check cashing and payday loan companies."
This is because the process of check cashing and payday loan requires individuals to pay certain fees or interests.
Cash checking often requires a customer to pay certain fees at the cash checking point before processing his money.
Payday loans generally accrue interests fees that are really higher than conventional loans, and in some cases, also require processing fees. These fees are higher than other financial institutions' fees like Internet banks, Credit unions, Brick-and-mortar banks, etc.
Hence, in this case, it is concluded that the correct answer is "check cashing and payday loan companies."
Learn more here: https://brainly.com/question/14120838
