Unbanking of America: How the New Middle Class Survives

Lisa Servon

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Sprache: Englisch

Verlag: Houghton Mifflin, 2017

0544602315 / 9780544602311

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Artikelbeschreibung des Verkäufers

An urgent, absorbing expos --why Americans are fleeing our broken banking system in growing numbers, and how alternatives are rushing in to do what banks once did What do an undocumented immigrant in the South Bronx, a high-net-worth entrepreneur, and a twenty-something graduate student have in common? All three are victims of our dysfunctional mainstream bank and credit system. Today nearly half of all Americans live from paycheck to paycheck, and income volatility has doubled over the past thirty years. Banks, with their high monthly fees and overdraft charges, are gouging their low- and middle-income customers, while serving only the wealthiest Americans. Lisa Servon delivers a stunning indictment of America's banks, together with eye-opening dispatches from inside a range of banking alternatives that have sprung up to fill the void. She works as a teller at RiteCheck, a check-cashing business in the South Bronx, and as a payday lender in Oakland. She looks closely at the workings of a tanda, an informal lending club. And she delivers fascinating, hopeful portraits of the entrepreneurs reacting to the unbanking of America by designing systems to creatively serve many of us. Banks were once essential pillars of our lives; now we can no longer count on them to do right by us. Required reading for fans of muckraking authors like Barbara Ehrenreich, this fascinating look at the future of money management insists that the 'unbanked' are a sector deserving of respect and solid options. --Publishers Weekly, starred review.…

Bestandsnummer des Verkäufers 00085675433

Titel
Unbanking of America: How the New Middle Class Survives
Autor
Lisa Servon
Verlag
Houghton Mifflin
Erscheinungsjahr
2017
Zustand
Good
Einband
Hardback
Sprache
Englisch
ISBN-10
0544602315
ISBN-13
9780544602311

World of Books (was SecondSale)

Montgomery, IL, USA

Verkäufer/-in mit 5 Sternen

Verkäufer:in bei ZVAB seit 20. Dezember 2007

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