12 jan In 2013, about 9.6m US households were unbanked, in accordance with the Federal Deposit Insurance Corporation.
In 2013, about 9.6m US households were unbanked, in line with the Federal Deposit Insurance Corporation. A 3rd of households without bank accounts stated that loss in task and earnings had been the causes they closed down their reports. Another 24.8m were вЂњunderbankedвЂќ, having a banking account but additionally utilizing alternate monetary solutions such as pay day loans and check cashing.
If they came to me and said they had an emergency and they needed to get $50 or $100 for a week or three or four daysвЂњIf you were me, what would you tell [my constituents? Where can you advise me personally to inform them to visit get that type or type of credit?вЂќ Georgia congressman Lynn Westmoreland asked Cordray as he delivered the bureauвЂ™s semi report that is annual Congress at the beginning of March.