Research reveals that the habitual borrower for short term emergency cash is aged 45 and above in USA. How did this borrower mange to survive in this debt laden economy up to the age of 45? Research reveals that skills obsolesce and refusal to migrate or relocate is the major cause for sudden need of [...]

By graduating the under-banked borrower from his/her existing cash transaction habit to the use of debit card/checks/credit card/bill pay can add billions of dollars to the exchequer/fed revenues.

The Million Dollar Question Is Who Shall Bell The Cat
Who shall invest in educating these under banked Latinos in USA? Interestingly  the Latino population instead of converting to [...]

Several Universities in the advanced countries that offer advance degree in Banking and Finance have tried to assess the role played by non traditional lenders including Pay Day Loan Lenders.  It is an established fact that in spite of good academic education up to high school still in these advance countries only 70% population has [...]