Life in the cash economy for "underbanked" Americans
Karla Murthy reports on the financial fringe. Nearly 20% of low income US households are "underbanked," according to the FDIC. But is providing access to traditional, mainstream financial services the best solution for everyone? A professor does double duty as a New York City check casher and discovers that banks might not be the best choice for everyone.
▶︎
Millions of 'unbanked' Americans lack adequate access to financial services
▶︎
Aging unemployed Americans struggle to find work
▶︎
Employed but homeless in the US: The 'working poor' who can't afford to rent
▶︎
The surprising logic behind the use of check cashers and payday loans
▶︎
Why The U.S. Has 4,500 Banks And Canada Has 79
▶︎
Living Paycheck to Paycheck | The New York Times
▶︎
The New Face of America: Inside the Second Great Depression
▶︎
Why so many Americans in the middle class have no savings
▶︎
The Predatory Lending Scheme Destroying American Lives
▶︎
Minimum wage: A life full of difficult choices
▶︎
What does the FDIC do when your bank fails? (2009) | 60 Minutes Archive
▶︎
Trapped in Unemployment
▶︎
What 'Made In America' Jeans Actually Look Like
▶︎
In today’s economy, even two-income families struggle to make ends meet
▶︎
Poverty rates surge in American suburbs
▶︎
US borrowing exceeds GDP: What does it mean for the economy? | This Is America
▶︎
The Big Short (2015): The Jenga Scene – Explaining the Financial Collapse
▶︎
More Canadians Facing Part-Time Jobs, Low Wages
▶︎
Trump SCHEME is SMOKED OUT and HE REFUSES OATH!!
▶︎