The Unbanking of America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Unbanking of America write by Lisa Servon. This book was released on 2017-01-10. The Unbanking of America available in PDF, EPUB and Kindle. Why Americans are fleeing our broken banking system: “Startling and absorbing…Required reading for fans of muckraking authors like Barbara Ehrenreich.”—Publishers Weekly (starred review) What do an undocumented immigrant in the South Bronx, a high-net-worth entrepreneur, and a twentysomething graduate student have in common? All three are victims of our dysfunctional mainstream bank and credit system. Nearly half of all Americans live from paycheck to paycheck, and income volatility has doubled over the past thirty years. Banks, with their high monthly fees and overdraft charges, are gouging their lower- and middle-income customers while serving only the wealthiest Americans. Lisa Servon delivers a stunning indictment of America’s banks, together with eye-opening dispatches from inside a range of banking alternatives that have sprung up to fill the void. She works as a teller at RiteCheck, a check-cashing business in the South Bronx, and as a payday lender in Oakland. She looks closely at the workings of a tanda, an informal lending club. And she delivers engaging, hopeful portraits of the entrepreneurs reacting to the unbanking of America by designing systems to creatively serve those outside the one percent. “Valuable evidence on the fragility of the personal economies of most Americans these days.”—Kirkus Reviews “An intelligent plea for financial justice…[An] excellent book.”—The Christian Science Monitor
The Unbanking of America
The Unbanking of America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Unbanking of America write by Lisa Servon. This book was released on 2018. The Unbanking of America available in PDF, EPUB and Kindle. Discusses the problems with American banking and investigates such informal banking alternatives as check-cashing businesses, payday lenders, and lending clubs.
The Unbanking of America
The Unbanking of America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Unbanking of America write by Lisa J. Servon. This book was released on 2017. The Unbanking of America available in PDF, EPUB and Kindle. Discusses the problems with American banking and investigates such informal banking alternatives as check-cashing businesses, payday lenders, and lending clubs.
Summary of Lisa Servon's The Unbanking of America
Summary of Lisa Servon's The Unbanking of America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Summary of Lisa Servon's The Unbanking of America write by Everest Media,. This book was released on 2022-05-22T22:59:00Z. Summary of Lisa Servon's The Unbanking of America available in PDF, EPUB and Kindle. Please note: This is a companion version & not the original book. Sample Book Insights: #1 The world has changed since I opened my first bank account as a child. Today, I do most of my banking online at odd hours. For my children, going to the bank means popping over to the nearest ATM to get cash. #2 The consumer financial-services system, which consists of mainstream banks, alternative financial services, and informal practices such as saving in structured groups of friends or coworkers, is broken. Americans lack safe and affordable financial products and services when they need them most. #3 While some have chosen to leave banks, others have been pushed out. Major banks and credit unions rely on private-sector databases such as ChexSystems to keep track of how consumers handle their deposit accounts. This is how these databases work. #4 While people try to adapt to these changing situations, policymakers’ view of personal finance has remained static. They insist that a formal relationship with a mainstream financial institution will improve the lives of those who are unbanked or underbanked.
The Global Findex Database 2017
The Global Findex Database 2017 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Global Findex Database 2017 write by Asli Demirguc-Kunt. This book was released on 2018-04-19. The Global Findex Database 2017 available in PDF, EPUB and Kindle. In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.
