How the Other Half Banks
Top of Mind with Julie Rose
Banking for the Poor, The Hillary Doctrine
Episode: Banking for the Poor, The Hillary Doctrine
- Dec 11, 2015 10:00 pm
- 50:10 mins
Guest: Mehrsa Baradaran, JD, Associate Professor of Contracts and Banking Law at The University of Georgia School of Law Anywhere between 20 and 40 percent of Americans have to rely on “fringe banks” such as payday lenders, check cashers and pawn shops because the traditional banks are simply not interested in meeting their needs. Mehrsa Baradaran lays out the problem and its causes starkly in her book – and proposes a rather surprising solution involving the mail carrier who drops by your house every day.