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Slate Articles ([info]slate) wrote,
@ 2015-10-20 16:17:00


Previous Entry  Add to memories!  Tell a Friend!  Next Entry
Why We Should Be Talking About Russell Simmons’ RushCard Fiasco

http://www.slate.com/articles/news_and_politics/politics/2015/10/rushcard_s_failure_underscores_the_need_for_postal_banking_poor_americans.html

According to data from the Federal Deposit Insurance Corporation, 17 million Americans are “unbanked”—they are without bank accounts—while 58 million are “underbanked,” meaning they lack access to traditional banking services, from check cards to saving accounts.


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