USPS IG – Providing Non-Bank Financial Services for the Underserved
beSpacific 2014-01-27
Summary:
Providing Non-Bank Financial Services for the Underserved, White Papers - RARC-WP-14-007 - 01/27/2014 “One in four U.S. households lives at least partially outside the financial mainstream — without bank accounts or using costly services like payday lenders. The average underserved household spends $2,412 each year just on interest and fees for alternative financial services. Postal financial services may appeal to many customers who feel abandoned by major financial institutions. Postal organizations have […]
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