The Issue at the Heart of America’s Great Unbanking

dc.contributor.authorServon, Lisa
dc.date2023-05-17T17:20:22.000
dc.date.accessioned2023-05-23T00:21:02Z
dc.date.available2017-05-18T00:00:00Z
dc.date.issued2017-05-01
dc.date.submitted2017-05-18T13:48:23-07:00
dc.description.abstractConsumer protection regulation targets services like payday lenders under the presumption that these services can be predatory and associated with high costs. Yet an increasing number of Americans are utilizing such alternative financial services and joining the ranks of the “unbanked” and “underbanked.” Altering this status quo and promoting greater middle-class stability will require that policymakers foster innovation in the development of high-quality, transparent, and consumer-oriented financial services within the mainstream banking system.
dc.formatflash_audio
dc.identifier.urihttps://repository.upenn.edu/handle/20.500.14332/42563
dc.legacy.articleid1046
dc.legacy.fieldsupload_image
dc.legacy.fulltexturlhttps://repository.upenn.edu/cgi/viewcontent.cgi?article=1046&context=pennwhartonppi&unstamped=1
dc.relation.urlWhy Payday Lending Is Creeping into the Middle Class (http://knowledge.wharton.upenn.edu/article/the-payday-lending-crisis-and-the-middle-class/)
dc.relation.urlThe Issue at the Heart of America’s Great Unbanking (https://publicpolicy.wharton.upenn.edu/issue-brief/v5n4.php)
dc.rights.urihttp://creativecommons.org/licenses/by-nc/4.0/
dc.source.issue44
dc.source.issue4
dc.source.journalWharton Public Policy Initiative Issue Briefs
dc.source.statuspublished
dc.source.volume5
dc.subject.otherBusiness
dc.subject.otherEconomic Policy
dc.subject.otherOther Business
dc.titleThe Issue at the Heart of America’s Great Unbanking
dc.typeBrief
digcom.date.embargo2017-05-18T00:00:00-07:00
digcom.identifierpennwhartonppi/44
digcom.identifier.contextkey10184492
digcom.identifier.submissionpathpennwhartonppi/44
digcom.typebrief
dspace.entity.typePublication
upenn.schoolDepartmentCenterWharton Public Policy Initiative Issue Briefs
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