TY - BOOK ID - 30951561 TI - How the other half banks PY - 2015 SN - 9780674495425 067449542X 0674286065 9780674495449 0674495446 9780674286061 0674983963 PB - Cambridge, Massachusetts DB - UniCat KW - E-books KW - Banks and banking KW - Financial services industry KW - Check cashing services KW - Postal savings banks KW - Social aspects KW - Check cashers KW - Check cashing agencies KW - Check cashing business KW - Money services businesses KW - Agricultural banks KW - Banking KW - Banking industry KW - Commercial banks KW - Depository institutions KW - Finance KW - Financial institutions KW - Money KW - Banks and banking - Social aspects - United States KW - Financial services industry - United States KW - Check cashing services - United States KW - Postal savings banks - United States KW - American Banking industry. KW - Consumer Financial Protection Bureau. KW - Dodd-Frank Act. KW - Hamilton. KW - Jefferson. KW - banking reform. KW - check-cashing services. KW - democratization of credit. KW - fringe banks. KW - payday lenders. KW - payday loan. KW - postal banking. KW - postal savings system. KW - public option financial services. KW - unequal credit. UR - https://www.unicat.be/uniCat?func=search&query=sysid:30951561 AB - The United States has two separate banking systems today—one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities—all thanks to deregulation that began in the 1970s and continues decades later. “Baradaran argues persuasively that the banking industry, fattened on public subsidies (including too-big-to-fail bailouts), owes low-income families a better deal…How the Other Half Banks is well researched and clearly written…The bankers who fully understand the system are heavily invested in it. Books like this are written for the rest of us.” —Nancy Folbre, New York Times Book Review “How the Other Half Banks tells an important story, one in which we have allowed the profit motives of banks to trump the public interest.” —Lisa J. Servon, American Prospect ER -