The scourge of payday loan providers and pawn stores continues

The scourge of payday loan providers and pawn stores continues

More americans bank that is getting, but nevertheless utilizing costly solutions

The scourge of payday loan providers and pawn stores continues

The great news is the fact that more Americans have bank records. The bad news is that one-in-five is nevertheless making use of costly, exploitative solutions such as for example payday loan providers, check-cashers or pawnshops.

The sheer number of US households without a banking account dropped from 7.7 per cent to 7 per cent, in accordance with an FDIC report released Thursday. Continuar lendo The scourge of payday loan providers and pawn stores continues