The unbanked in general get screwed. Nonetheless, this isn't a job for a startup. If you care about the unbanked, support postal banking -- they have the offices and the staff, and are in a position to offer dirt cheap basic financial services. This is also commonly done in other countries.
The usual suspects (republicans) are of course against it because it cuts into the most lucrative customers for banks: people they can charge tons of fees.
the last thing these people need is another person looking to take a cut out of them; half the point of the postal service doing it is to provide services at cost
The usual suspects (republicans) are of course against it because it cuts into the most lucrative customers for banks: people they can charge tons of fees.
http://money.usnews.com/money/personal-finance/articles/2014...