What It Means to Be "Unbanked" (and What It Costs You)
by Meredith Dietz from Lifehacker on (#6C6QG)
To keep our money safe, most of us have, at minimum, a checking and a savings account. But many Americans have no sort of bank account at all. Outside of struggling with fees or lack of credit history, reasons for being unbanked" often involve privacy concerns, or a general lack of trust in banking institutions.