Title

Top of Mind - Banking for the Poor

Abstract

Anywhere between 20 and 40 percent of Americans have to rely on “fringe banks” such as payday lenders, check cashers and pawn shops because the traditional banks are simply not interested in meeting their needs. Mehrsa Baradaran lays out the problem and its causes starkly in her book – and proposes a rather surprising solution involving the mail carrier who drops by your house every day.