2012-09-26setyoufreenews.com

An additional 51 million people told researchers that although they have a bank account, they also make use of payday lenders, pawnshops, rent-to-own services, money orders or other such alternative financial services.

This population, known as under-banked, has increased to 20.1 percent of U.S. households from the prior figure of 18.2 percent. Overall, a full 28.3 percent of U.S. households have either zero or one bank account for the whole household.



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