Friday, April 26, 2013

Over 9 Million Households Out of Banking Loop

It’s amazing that about 8% of US households don’t even have a checking or savings account. And in the case of an emergency, someone without credit cards must often turn to triple-digit interest rate payday loan companies! This group of society may want to give consideration to Savings Groups as an alternative to formal banking as is being promoted by the Northern Lights coalition.

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