Though the unbanked population is shrinking, lenders must keep chipping away at financial inclusion to broaden access to credit products among underserved communities. Last year, 5.6 million U.S. households — about 4.2% — were unbanked, down from 7.1 million, about 5.4%, in 2019, according to newly released data from the FDIC. Yet without financial inclusion, […]
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