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forbes.com
🌐 85% Global Worthiness
Financial Exclusion and the High Cost of Poverty in America
Lack of banking access disproportionately impacts low-income Americans, particularly in Southern states like Mississippi (11.1% unbanked) and Louisiana (8.1%), leading to reliance on predatory financial services with exorbitant fees (up to 572% APR on payday loans) and hindering economic development...
Financial Exclusion and the High Cost of Poverty in America
Lack of banking access disproportionately impacts low-income Americans, particularly in Southern states like Mississippi (11.1% unbanked) and Louisiana (8.1%), leading to reliance on predatory financial services with exorbitant fees (up to 572% APR on payday loans) and hindering economic development...
Progress
44% Bias Score
No Poverty
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