000			02949cam a2200361Ii 4500
001			ocn932050648
003			OCoLC
005			20180722224004.0
008			151210t20172017mau b 001 0 eng d
040			_aYDXCP _beng _erda _cYDXCP _dBTCTA _dBDX _dOCLCQ _dTOH _dGKX _dOCLCQ _dFEM _dVTL _dOCLCO _dPCX _dIQ2 _dCGP _dIGA _dBUR _dVP@ _dIAD _dNFG
019			_a967564525
020			_a0544602315 _q(hardcover)
020			_a9780544602311 _q(hardcover)
035			_a(OCoLC)932050648 _z(OCoLC)967564525
092			_a332.1097 _bS492
049			_aNFGA
100	1		_aServon, Lisa J., _eauthor. _9324336
245	1	4	_aThe unbanking of America : _bhow the new middle class survives / _cLisa Servon.
264		1	_aBoston : _bHoughton Mifflin Harcourt, _c[2017]
264		4	_c©2017
300			_axix, 250 pages ; _c24 cm
336			_atext _2rdacontent
337			_aunmediated _2rdamedia
338			_avolume _2rdacarrier
504			_aIncludes bibliographical references (pages 191-240) and index.
520			_aDiscusses the problems with American banking and investigates such informal banking alternatives as check-cashing businesses, payday lenders, and lending clubs.
520			_a"An urgent, absorbing exposé--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 banking 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 engaging, hopeful portraits of the entrepreneurs reacting to the unbanking of America by designing systems to creatively serve many of us."--Dust jacket.
505	0		_aWe're all underbanked -- Where everybody knows your name -- Bankonomics, or How banking changed and most of us lost out -- The new middle class -- The credit trap : "bad debt" and real life -- Payday loans : making the best of poor options -- Living in the minus : the millennial perspective -- Borrowing and saving under the radar -- Inside the innovators -- Rejecting the new normal.
650		0	_aBanks and banking _zUnited States. _9155184
650		0	_aFinancial institutions _zUnited States. _9172875
994			_aC0 _bNFG
942	0	0	_01
999			_c246700 _d246700