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In the USA, you don't have a right to a bank account. In most cases, unless you bounced a check (There is a separate system banks use on checks. It not tied t
by donthellbanme 4y ago
In the USA, you don't have a right to a bank account.
In most cases, unless you bounced a check (There is a separate system banks use on checks. It not tied to credit agencies.) you can get an account by walking in with any check, or money, though.
Many of our poor are stuck with Payday, with their outrageous fees.
Some homeless shelters offer p.o. boxes. Very few sadily.
All the Covid fun money blown out of tee shirt bazokas to fraudsters, and big healthy businesses; none went to people without an address. None.
- dan-robertson 4y agoIt’s easy to say that poor people make (or are forced to make) terrible financial decisions. But that may not entirely be the case and we may be missing some of the advantages of those decisions. See for example http://www.businessinsider.com/check-cashing-stores-good-deal-upenn-professor-2017-2 http://www.businessinsider.com/check-cashing-stores-good-dea...
- ricardobayes 4y agoCashing a check takes 6 weeks in the UK. Not many people can wait that long for their salaries to show up.
- toast0 4y ago> In most cases, unless you bounced a check (There is a separate system banks use on checks. It not tied to credit agencies.) you can get an account by walking in with any check, or money, though. ChexSystems is a credit agency. They just specialize in one data point (as of now).