News & Resources

Infographic: Benefits of Serving the Underbanked

Nov 09, 2017 MicroBilt News

Infographic: Benefits of Serving the Underbanked

 

According to the Federal Deposit Insurance Corporation (FDIC),the underbanked are households with a checking or saving account but are credit invisible.

They rely on alternative financial services such as: Money Orders, Check Cashing Services, Payday/Refund Anticipation, Pawn Shop/Auto Title Loans, Rent-to-own Services.

Infographic: Benefits of Serving the Underbanked

 

 

Download Infographic Now