Sentences with phrase «lack access to a bank account»

Such an infrastructure is desperately needed because more than 70 % of Filipinos lack access to a bank account and just 3 % of them use credit and debit cards (as per the NOAHCOIN whitepaper estimates).

Not exact matches

While CIT Bank has no monthly fees and no minimum required to earn interest, the bank's lack of checking account products means that you'll have to bank at two places in order to access the high rBank has no monthly fees and no minimum required to earn interest, the bank's lack of checking account products means that you'll have to bank at two places in order to access the high rbank's lack of checking account products means that you'll have to bank at two places in order to access the high rbank at two places in order to access the high rate.

Lack of access to financial products — like credit cards, loans and deposit accounts — is an issue plaguing millions in the U.S. Traditional financial institutions, like banks and credit unions, depend on credit reports and Social Security numbers (SSNs) when evaluating applicants.

In addition, with features like mobile deposit and phone apps that allow you to access your account anywhere, credit unions and online banks are attractive options despite the lack of brick - and - mortar locations.