May 30th, 2005
13% of US households do not bank at all
Global Advertising Strategies says ethnic minority spending spending on financial products and services will increase by 94% in next 4 years. More than 13% of the 105 mln households in the United States do not have any banking services. Among Americans who do not bank are immigrants, ethnic minorities, the youth, widows, divorcees without credit histories in their own names, and people who have filed for bankruptcy and are re-building their credit-worthiness.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
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