Published on rabble.ca (http://rabble.ca)

Improving inner-city banking

By redeye
Created Oct 22 2008 - 10:22pm
Redeye
 [1]Redeye
Story_publish_date: 
April 27, 2008
summary: 
Mainstream banks give accounts to clients with money. Low-income people are forced to deal with unregulated short-term loan companies.

At least 8% of low-income Canadians don't have a bank account. Without an account, they have to pay high fees to cash cheques and exorbitant interest rates when they take out payday loans.

Jerry Buckland has recently written a report on what needs to happen to improve banking services for the urban poor.

To find out more about Redeye, check out our website. [5]

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Source URL (retrieved on May 27 2012 - 6:04am): http://rabble.ca/podcasts/shows/redeye/improving-inner-city-banking

Links:
[1] http://rabble.ca/podcasts/shows/redeye
[2] http://rabble.ca/audio/by/artist/jerry_buckland
[3] http://rabble.ca/audio/by/title/improving_inner-city_banking_services
[4] http://rabble.ca/audio/by/genre/blues
[5] http://www.coopradio.org/redeye
[6] http://rabble.ca/user
[7] http://rabble.ca/user/register