The Unbanking of America: How the New Middle Class Survives: Lisa Servon

Di YOU need an alternative to traditional banking?  There is a SAFER way that lets you control your own cash.Check out Teresa's short video to learn more:

https://financialsecurity.video/8387/70

On today's broadcast:

• Are check cashing and payday loan companies REALLY hurting the poor?
• If they are harmful,  why do so many people continue to use them?
• How are the poor and other marginalized people coping without banks and what alternatives are they using?

In this fasinating and sometimes starling interview, Professor Lisa Servon answers these and other questions surrounding the recent phenonmena of "unbanking, " in America.

Lisa Servon is Professor of City Planning at the University of Pennsylvania and former dean at The New School. She is the author of Bridging the Digital Divide: Technology, Community, and Public Policy(Blackwell 2002), Bootstrap Capital: Microenterprises and the American Poor(Brookings 1999), Gender and Planning: A Reader (With Susan Fainstein, Rutgers University Press 2005), and Otra Vida es Posible: Practicas Economicas Alternativas Durante la Crisis (With Manuel Castells, Joana Conill, Amalia Cardenas and Sviatlana Hlebik. UOC Press 2012). She has contributed to the New Yorker, the Atlantic, and The Wall Street Journal and has appeared on PBS News Hour, Marketplace Money and Radio Times and her research is featured in the forthcoming documentary Spent: Looking for Change. She lives in Brooklyn with her husband, two children, and a dog named Friday.

https://www.lisaservon.com/