8.7% Don't Have Bank Accounts
posted Jun 25, 05:23 AM by Puffo
It seems that 8.7% of those in the US don’t have a bank account. The majority of these people are the very poor.
A Consumer Federation of America survey of check-cashing outlets, found that on average it cost $24.45 to cash a $1,002 Social Security check last year. A blue-collar worker pays an average $19.66 every week to cash a $478.41 handwritten paper check.
