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The high costs of financial services for the poor

By University of Michigan News and Information Services

Abstract

Low-income households in the United States often lack access to bank accounts and face high costs for conducting basic financial transactions through check cashers and other alternative financial service providers. Law professor Michael Barr says these families find it more difficult to save and plan financially for the future

Year: 2007
OAI identifier: oai:deepblue.lib.umich.edu:2027.42/84160
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