The Invisible Tax on Being Poor: How Check Cashers, Payday Lenders, and Prepaid Cards Bleed Working-Class America Dry
Millions of Americans without access to traditional banking pay a staggering 'poverty premium' — fees and interest rates that can consume up to 10 percent of their income just to access their own money. Financial exclusion isn't a personal failing but a structural design that enriches predatory lenders while bleeding working families dry.