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The Real Costs of Living Without a Bank Account Banking

The Real Costs of Living Without a Bank Account

According to a Federal Deposit Insurance Corporation report from 2019, 5.4% of American households don’t have a bank account. The number doesn’t sound like a huge percentage. However, with 325+ million people in the country, that’s as much as 7.1 million households that were unbanked. The reasons for why these families are going without a […]

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