The Resource The unbanking of America : how the new middle class survives, Lisa Servon

The unbanking of America : how the new middle class survives, Lisa Servon

Label
The unbanking of America : how the new middle class survives
Title
The unbanking of America
Title remainder
how the new middle class survives
Statement of responsibility
Lisa Servon
Creator
Author
Subject
Language
eng
Summary
  • Discusses the problems with American banking and investigates such informal banking alternatives as check-cashing businesses, payday lenders, and lending clubs
  • 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
Cataloging source
YDXCP
http://library.link/vocab/creatorName
Servon, Lisa J
Dewey number
332.10973
Index
index present
LC call number
HG2461
LC item number
.S47 2017
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Banks and banking
  • Financial institutions
Label
The unbanking of America : how the new middle class survives, Lisa Servon
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 191-240) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
We'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
Dimensions
24 cm
Extent
xix, 250 pages
Isbn
9780544602311
Media category
unmediated
Media MARC source
rdamedia
System control number
  • ocn932050648
  • (OCoLC)932050648
Label
The unbanking of America : how the new middle class survives, Lisa Servon
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 191-240) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
We'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
Dimensions
24 cm
Extent
xix, 250 pages
Isbn
9780544602311
Media category
unmediated
Media MARC source
rdamedia
System control number
  • ocn932050648
  • (OCoLC)932050648

Library Locations

    • Vancouver Public Library, Central Library (Open with Limited Services - Children’s Library, Level 2 and Level 3)Borrow it
      350 West Georgia Street, Vancouver, BC, V6B 6B1, CA
      49.280188 -123.114755
    • Vancouver Public Library, South Hill Branch (Open with Limited Services)Borrow it
      6076 Fraser St., Vancouver, BC, V5W 2Z7, CA
      49.229497 -123.090401
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