Cool Little Payday Loans Near Me Software
페이지 정보
작성자 Wayne 작성일23-02-08 09:36 조회22회 댓글0건본문
| Cool Little Payday Loans Near Me Software | |||
| - - | |||
|
( - ) |
|||
| 하루종일 시 ~ 시 | |||
중복선택가능 |
|
||
|
|||
|
States in the United States and Metro Areas With the Most Unbanked Households Advertiser disclosure You're our first priority. Each time. We believe that every person should be able to make sound financial decisions without hesitation. Although our site does not feature every business or financial product in the marketplace however, we're confident of the guidance we provide and the information we offer and the tools we develop are independent, objective simple, and completely free. How do we earn money? Our partners pay us. This may influence which products we review and write about (and where those products appear on the site) however it doesn't affect our advice or suggestions which are based on many hours of study. Our partners are not able to pay us to guarantee favorable ratings of their goods or services. . States and Metro Areas With the Most Unbanked Households The author is Laura McMullen Assistant Assigning Editor and news Laura McMullen assigns and edits financial news articles and content. She was previously a senior journalist at NerdWallet and wrote about saving, making and budgeting money. She also contributed to the "Millennial Financial" column for The Associated Press. Prior to becoming a part of NerdWallet at the end of 2015 Laura worked for U.S. News & World Report, where she edited and wrote content related to health, careers and education and also worked on the rankings of the company. Before working at U.S. News & World Report, Laura interned at Vice Media and studied journalism, history and Arabic in the Ohio University. Ohio University. Laura currently lives in Washington, D.C. Sep 28 September 28, 2016 Many or all of the items featured on this page come from our partners who pay us. This impacts the types of products we write about and the location and manner in which the product appears on the page. However, this does not influence our opinions. Our opinions are our own. Here's a list of and . The perks at your local bank go beyond free coffee and candy -They offer things that you may take for granted like cashing your checks at no cost and loans that offer reasonable rates of interest. However, for the over 9.5 million people who aren't banked across the U.S., these services are expensive, one that NerdWallet discovered can add hundreds of dollars per year. In the U.S., 7.7% of households did not have a member with a bank account according to the 2013 FDIC national survey of Bankrupt and Underbanked households, the most current set of information available. This was lower than the 2011 edition of the Federal Deposit Insurance Corp.'s biannual survey, and it dropped to 7% in 2015, as per an overview of the most recent editionthat will be published in October. Benefits not used, additional fees While fewer families are avoiding financial institutions, those who are miss out on opportunities to save up for emergencies, and secured credit cards that assist in building credit. They aren't able to benefit from the entire array of fraud protections that federally insured banks and credit unions have in addition to not having access to online and mobile banking tools that can save them the time as well as money. (Read NerdWallet's comprehensive coverage of national banks on the to learn more about alternatives for non-banked customers, such as .) Families without an account with a bank also have to have to pay a lot of fees to expensive alternative financial-service providers. NerdWallet tallied the costs of money orders, check cashing and prepaid debit cards. Unbanked households that use the prepaid debit card which allows direct deposit can pay an annual average for $196.50 in fees. In contrast, those without banks who make use of a prepaid debit cards without direct deposit pay an annual average of $488.89 in fees. (See our complete methodology for more details.) Unbanked households in the metropolitan and state We looked at our $196.50 in addition to the $488.89 figures as percentages of each state's 2013 median income for households that do not have accounts with banks that are using FDIC data. Check out the map below to discover the states where households that aren't banked are hit the hardest by fees, using both the higher ($488.89) and lower ($196.50) estimations. You can also find out which states have the highest number of households that do not have a bank account. The table below shows the proportion of households that are not banked in the 22 metro areas , and across all states plus Washington, D.C. We determined that the price of not owning a bank account by dividing it into the household income of households that are not banked in that metro area, as provided by the FDIC. We excluded three major metro areas for which some data were unavailable: San Diego-Carlsbad-San Marcos, California; Sacramento-Arden-Arcade-Roseville, California; and San Antonio, Texas. Unbanked households by metro area UNBANKED HOUSEHOLDS ARE FINANCED BY THE Ranking (most to least) State Percentage of all households that aren't banked Average unbanked household income Total unbanked cost to all families (lower estimate) Total unbanked expenses of all household households (higher estimate) Costs of unbanked expenses as a percentage of income (using more precise estimates) 1 Mississippi 14.5% $15,394.41 $31.08 million $79.82 million 3.18% 2 Louisiana 13.9% $20,104.15 $47.26 million $121.37 million 2.43% 3 Arizona 12.8% $20,300.92 $61.95 million $159.07 million 2.41% 4 Arkansas 12.3% $15,653.75 $29.08 million $74.68 million 3.12% 5 District of Columbia 11.8% $14,588.29 $7.46 million $19.15 million 3.35% 6 West Virginia 11.0% $18,592.82 $16.56 million $42.54 million 2.63% 7 New Mexico 10.9% $18,934.67 $17.78 million $45.67 million 2.58% 7 Georgia 10.9% $18,957.70 $81.64 million $209.64 million 2.58% 7 Oklahoma 10.9% $19,373.49 $32.56 million $83.61 million 2.52% 10 South Carolina 10.5% $19,724.50 $38.88 million $99.84 million 2.48% 11 Texas 10.4% $20,621.80 $191.63 million $492.07 million 2.37% 12 Kentucky 9.7% $15,417.32 $34.05 million $87.45 million 3.17% 12 Tennessee 9.7% $17,204.81 $48.51 million $124.58 million 2.84% 14 Alabama 9.2% $18,787.70 $36.03 million $92.52 million 2.60% 15 Missouri 8.9% $20,058.95 $42.11 million $108.12 million 2.44% 16 New York 8.5% $16,833.40 $125.19 million $321.47 million 2.90% 17 North Carolina 8.4% $17,177.65 $61.46 million $157.82 million 2.85% 18 New Jersey 8.2% $21,298.78 $51.25 million $131.61 million 2.30% 19 California 8.0% $22,211.31 $206.18 million $529.45 million 2.20% 20 Nevada 7.9% $19,047.68 $17.06 million $43.80 million 2.57% 21 Illinois 7.4% $21,036.78 $71.47 million $183.53 million 2.32% 22 Ohio 7.2% $18,777.16 $65.61 million $168.47 million 2.60% 22 Indiana 7.2% $22,675.18 $36.28 million $93.17 million 2.16% 24 Montana 6.6% $11,963.24 $5.35 million $13.74 million 4.09% 25 Virginia 6.5% $19,340.75 $39.67 million $101.88 million 2.53% 26 Colorado 6.4% $22,159.12 $25.84 million $66.36 million 2.21% 27 Rhode Island 6.2% $18,543.22 $5.12 million $13.15 million 2.64% 27 Florida 6.2% $19,376.05 $95.70 million $245.73 million 2.52% 29 Delaware 6.1% $22,921.16 $4.33 million $11.12 million 2.13% 30 Kansas 6.0% $21,820.97 $13.49 million $34.64 million 2.24% 31 Massachusetts 5.8% $22,086.69 $29.38 million $75.45 million 2.21% 32 Nebraska 5.7% $15,622.98 $8.47 million $21.76 million 3.13% 32 Michigan 5.7% $19,127.41 $42.44 million $108.99 million 2.56% 34 Connecticut 5.6% $21,036.57 $15.37 million $39.48 million 2.32% 34 Wyoming 5.6% $24,067.11 $2.65 million $6.82 million 2.03% 36 Idaho 5.4% $17,444.44 $6.39 million $16.42 million 2.80% 37 Pennsylvania 5.2% $17,820.47 $52.14 million $133.90 million 2.74% 38 Wisconsin 4.8% $16,495.70 $21.75 million $55.85 million 2.96% 38 Maryland 4.8% $24,470.06 $20.81 million $53.43 million 2.00% 40 Oregon 4.5% $16,345.12 $13.62 million $34.98 million 2.99% 40 Iowa 4.5% $18,571.62 $10.83 million $27.81 million 2.63% 42 South Dakota 4.2% $16,040.68 $2.67 million $6.86 million 3.05% 43 Washington 4.1% $17,048.35 $21.07 million $54.10 million 2.87% 44 Hawaii 3.8% $21,096.90 $3.41 million $8.77 million 2.32% 45 Minnesota 3.6% $16,228.27 $14.92 million $38.31 million 3.01% 46 Utah 3.3% $21,617.24 $6.11 million $15.68 million 2.26% 47 Vermont 3.1% $22,553.77 $1.59 million $4.08 million 2.17% 48 New Hampshire 2.9% $26,653.71 $3.00 million $7.71 million 1.83% 49 North Dakota 2.8% $22,645.30 $1.58 million $4.06 million 2.16% 50 Maine 2.4% $14,906.68 $2.57 million $6.59 million 3.28% 51 Alaska 1.9% $21,299.66 $1,002,022.57 $2,573,028.07 2.30% Key lessons to take away 1. The percentage of households without a bank account is significantly higher in low-income households. Nationwide, 7.7% of households did not have a bank account in 2013, however, the rate was much higher for households with low incomes. Around 20% of households that had incomes less than $30,000 had no bank accounts, and 24% were not banked which means they had minimum one or more savings accounts account or but had used at least one alternative financial service within the last year. These services include cashing checks as well as money orders and payday loans. More than three-quarters (35.6%) of the households without bank accounts surveyed for the FDIC report indicated that the primary reason they don't have an account is that they didn't have enough money to keep in an account or meet the minimum balance. (Note that many do not require the minimum amount of balance.) Other reasons that are common include dislike or distrust of banks, as well as high or unpredictability of account fees. The national correlation between unbanked and low-income households is reflected at the state-level. Seven of the 10 states that have the highest proportions of nonbanked people are among the 10 states with one of the highest median family incomes as per the data from 2013's U.S. Census American Community Survey. With the exception of Washington, D.C., the nine states with the highest percentage of unbanked households had household incomes less than the 2013 U.S. median of $52,250. 2. The costs of being unbanked have the greatest impact on households with lower incomes as income among households without accounts with banks is especially low. The 2013 average post-tax income of households that were not banked across the U.S. was $17,359, and the lowest was in Montana at $11,963. Keep in mind that households with no bank accounts who make use of a prepaid debit cards that does not direct deposit, have to pay on average $488.89 in annual fees. In Montana the amount would be upward of 4 percent of the average unbanked household's income. To give you a sense of scale, the average U.S. household spent about 3.5 percent of their income after tax on fuel as well as motor oils in the year 2015 in accordance with the U.S. Bureau of Labor Statistics. The situation in Washington, D.C., the disparity in earnings between unbanked and banked households is huge. The average income in 2013 for fully banked households in D.C. was $55,032, but it was just $14,588 for those without having a bank account. That latter number can't go far in a place where low-income housing opportunities are shrinking. According to an D.C. Fiscal Policy report, in 2013, there were only half as many Washington apartment rentals under $800 per month than they had in 2002. The report suggests "subsidized housing is now virtually the sole source of affordable apartment units." 3. Local unbanked demographics reflect national trends: According to the FDIC, one-fifth of households with black names (20.5 percent) in the U.S. in 2013 were not banked, followed by Hispanic (17.9%) along with American Indian/Alaskan families (16.9%). Only 2.2% of Asian households had no bank accounts, which was a lower concentration than for white (3.6%) and Pacific Islander and Hawaiian (6.1%) households. A lot of the areas with the highest concentration of unbanked households are in line with these national demographics. In No. 12 Tennessee in addition to No. 2 Louisiana the largest state city has a majority of black residents in both cities, with Memphis at 63 percent while New Orleans at 59.8%. Phoenix is the top city on our list of unbanked metros, has a large Hispanic population as does Albuquerque, the largest metropolis within New Mexico, which tied for seventh among the states. Two states that have the highest proportions of populations that aren't banked, New Mexico and Oklahoma both have American Indian populations nearly 10 times the size of the U.S. as a whole. 4. Limited access to in-person and online banking is a problem it to create a bank account if there are no branches where you live. Nearly half of the ZIP codes in the mid-South are "bank deserts," meaning they have the same or fewer bank branches, according to the MS-based Hope Policy Institute, which studies financial inclusion. The analysis of the institute shows that the mid-South is comprised of Mississippi, Louisiana and Arkansas and has some of the highest proportions of unbanked households. This region includes the western part of Tennessee which is home to Memphis which is where almost one-fifth (19.5%) of households don't have an account with a bank. Brick-and-mortar locations are more important for customers who cannot connect to banks online. Certain Memphis residents have difficulties with both of these methods. Based on the U.S. Census Bureau's 2013 American Community Survey, 27.7 percent of Memphis households were without access to the internet, compared with 21.4% nationwide. Lack of internet access is very high in New Orleans, too, with 27.4 percent. Sreekar Jasthi is a data analyst at NerdWallet the personal finance site. Email: . Laura McMullen is a staff writer at NerdWallet. Email: . Twitter: . Methodology The income and the concentrations of households with no bank accounts To determine the median income of households that are not banked nationwide and in each state, we utilized information from the . To identify which metro areas to analyze we first selected the 25 in the FDIC report that had the most households. We omitted San Diego-Carlsbad-San Marcos, California; Sacramento-Arden-Arcade-Roseville, California; and San Antonio, Texas, because of insufficient income data. The percentages of unbanked households across each state or metro area are also from the FDIC report. Charges that are incurred when you're not a banker We found a range between $196.50 between $196.50 and $488.89 in fees for the typical household that is not banked, by adding the fees related to cash checking, money orders and prepaid debit cards. The price of these charges depends in part on whether these households' debit cards are prepaid and permit direct deposit. To calculate the cost of check cashing for non-banked households with prepaid debit cards without direct deposit, and for households using only cash we assumed two pay checks cashable per month and a cost of 1% of a check's total value. For households that use prepaid debit cards with direct deposit, we accounted for $0 for check cashing. For both types of households we assumed that there would be one money payment per month, with an average charge of $1.40. To determine the average of check cashing and money-order fees, we used the FDIC's information regarding what frequency alternative financial services used by each kind of household (banked or not), then added the less frequent usage among households with bank accounts to the cost average. To determine the average annual cost of debit cards that are prepaid We examined 69 cards based on the major issuers, their high-traffic searches volume, Pew Charitable Trust's and the offerings of the cards on the websites of's and. For cards that offer different plans, we counted each plan as an individual card. The study includes the annual costs of an prepaid debit card and without direct deposit for payroll. The median monthly fee was $4.98 and the median out-of-network ATM fee used was $2.50. We paid the maximum cash loading fee of $4.95. Without directly depositing, we had twelve monthly fees as well as four ATM charges per month and two cash loading fees per month. Signature- and PIN-based transaction fees typically don't apply to cards that have monthly fees, which is why we omitted them. Upcoming FDIC survey A recent preview of 2015. FDIC National Survey of Unbanked and Underbanked Households, set to go public in its entirety on October. 20th, 2016 The survey revealed that the unbanked rate dropped to 7.7%, which is around 8.6 million households. The analysis of NerdWallet is based on the most recent full set of information available. About the author: Laura McMullen writes about managing money for NerdWallet. Her work has appeared in The Associated Press, The New York Times, The Washington Post, and other outlets. Similar to... Find a better savings account Check out NerdWallet's recommendations for the most high-yielding savings accounts on the internet. Dive even deeper in Banking Find out more money-saving strategies - straight to your inbox Sign up now and we'll email you Nerdy content on the money topics that matter most to you and other strategies to help you get more from your money. If you have any kind of concerns relating to where and ways to utilize Payday Loans Near Me (https://financekga.site), you could contact us at our own internet site. |
댓글목록
등록된 댓글이 없습니다.
