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It's wild that unbanked people exist in 2023. There are a slew of banking options that don't require minimum balances. Pretty much every above-board employer wo
by mullingitover 3y ago
It's wild that unbanked people exist in 2023. There are a slew of banking options that don't require minimum balances. Pretty much every above-board employer would prefer to pay you via direct deposit. Pretty much every social assistance program would prefer to deposit your financial assistance in a bank account rather than send you a check. That checks off the elderly and poor who are on social assistance, which are the key disadvantaged groups who are usually trotted out to act as the victims when enacting cashless bans.
I realize that some professions only deal in cash, but even then it's very straightforward to put the cash into a prepaid card.
- smokeydoe 3y agoFor some people, it’s the principle. Also, overdraft fees seem to be a scam and mostly only affect poor people. You’re opted in by default, and you can’t turn it off for ACH, even if it’s the fault of a company that mis or double charged you.