Rebuilding and unbanked: Some Paradise-area residents reel without a bank account
Rebuilding and unbanked: Some Paradise-area residents reel without a bank account
- January 17, 2019
- Bill Maurer, anthropology, via Capital Public Radio, Jan. 17, 2019 (Audio)
-----
For people who lost everything in a wildfire or other disaster, being unbanked can
make rebuilding harder, said Bill Maurer, anthropology professor at UC Irvine. “Without
a bank account it can be a real challenge to buy a home, buy a car, rent a car, stay
in a hotel even in some places,” said Maurer. … “When you don't have access to these
formal institutions … then really you're falling back on community and family and
neighbors,” he said. “Sometimes that can work but sometimes it also doesn't work.”
For the full story, please visit http://www.capradio.org/articles/2019/01/17/rebuilding-and-unbanked-some-paradise-area-residents-reel-without-a-bank-account/.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Careet RightThe penny stops here: As 200-year-old coin ends its run, retailers face costly shift without clear rules
- Careet RightBanks plead for federal guidance as penny shortage spreads
- Careet RightStablecoins and tribal chiefs: Monetary authority after the GENIUS Act
- Careet RightPenny shortages causing big legal, business headaches in much of US
- Careet RightPennies are being canceled and the US Mint won't make any more. What does that mean?