ACLU

@ACLU ↗

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Last Checked Sept. 9, 2022

Created

Tue Jun 15 14:44:44 +0000 2021

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103

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ACLU @ACLU

Without access to banks, people rely on payday lenders and other alternatives that have much higher fees and interest rates. Payday lenders are overwhelmingly located in neighborhoods where systemic racism has left banking deserts and concentrated poverty. — PolitiTweet.org

Posted June 15, 2021 Hibernated

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ACLU @ACLU

30% of Black Americans are underbanked, and 17% of Black Americans are unbanked. The average unbanked family spends more on financial transactions each year than on food. Through postal banking, the United States can provide affordable financial solutions for all. — PolitiTweet.org

Posted June 15, 2021 Hibernated

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ACLU @ACLU

With postal banking, post offices are authorized to serve many financial services for communities who have limited access to banks, such as: ✔ payroll check cashing ✔ domestic money transfers ✔ bill payments — PolitiTweet.org

Posted June 15, 2021 Hibernated