Jan
20
Will the Unbanked Ever Become Bankable? With the rise of pre-paid debit cards, payday loans and pawn shops, we learn more about a large segment of the population that lurks in the shadows of the financial system in 
our country called the “unbanked.” These are people from a variety of backgrounds and for any number of reasons simply don’t show up on the radar of the banking system or they have been denied access to checking and savings accounts.
They somehow manage to conduct their financial transactions using alternative “financial services” such as check-cashing services and non-bank money orders in the banking underground. Who exactl