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The Unbanking of America: How the New Middle Class Survives
Paperback
AccountingBusiness GeneralPoverty & Social Work
ISBN13: 9781328745705
Publisher: Mariner Books
Published: Feb 13 2018
Pages: 272
Weight: 0.45
Height: 0.80 Width: 5.20 Depth: 7.90
Language: English
[A] startling and absorbing exposé . . . Required reading for fans of muckraking authors like Barbara Ehrenreich.--Publishers Weekly, starred review
Exceptional . . . thorough, and even gut-wrenching. A significant contribution.--American Prospect Why Americans are fleeing our broken banking system in growing numbers, and how alternatives are rushing in to do what banks once did What do an undocumented immigrant in the South Bronx, a high-net-worth entrepreneur, and a twenty-something graduate student have in common? All three are victims of our dysfunctional mainstream bank and credit system. Nearly half of all Americans live from paycheck to paycheck, and income volatility has doubled over the past thirty years. Banks, with their high monthly fees and overdraft charges, are gouging their lower- and middle-income customers while serving only the wealthiest Americans.Also in
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