Nearly 10 Million US Households don’t have bank accounts. Than it’s no surprise that the payday loan, check cashing and remittance industries make up a large chunk of the financial services industry. Discover common products, and major reasons why households participate in the AFS industry through the infographic below.
In the third quarter of 2010, household net worth increased $1.2 trillion to $54.9 trillion. As the economy continues to look up so does household wealth, or the difference between the value of a household’s total assets and total liabilities. Consumer spending is up and corporate profits continue to exceed analyst expectations. Thanks to signs […]