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> Are people okay not having a bank account and don't bother getting one because paying rent in cash is accepted? It largely is expensive and annoying to not h
by ianleeclark 6y ago
> Are people okay not having a bank account and don't bother getting one because paying rent in cash is accepted?
It largely is expensive and annoying to not have a bank account. Typically what keeps people from having a bank account is being in poverty: bad credit, no permanent address, dodging debt collectors, and probably a lot more reasons than that.
- 3nf 6y agoYeah, I don't think people understand how expensive it is to be in poverty (overdraft fees, etc.). For some, it makes more sense to use check cashing than struggle with low bank account fees.