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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Unbanked Households

More Americans come into the banking system, By Mitchell Hartman, September 9, 2016, Marketplace: “‘Unbanked’ is the term used by financial regulators and consumer advocates to describe people who live, work, pay bills and borrow for emergencies, entirely outside the traditional banking system. Being ‘unbanked’ can limit peoples’ access to affordable credit, and leave them vulnerable to predatory lending…”