Tuesday, November 29, 2016

Here’s Where People Are Off the Banking Grid

Each year, the approximately 9 million U.S. households without bank accounts risk paying fees in the triple digits for money orders, check cashing and prepaid debit cards, while missing opportunities to earn interest on their savings. Although a new federal report shows that the so-called unbanked rate is declining, in seven states over 10% of...


from NerdWallet
https://www.nerdwallet.com/blog/banking/unbanked-off-the-grid/

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