If you live in one of the nine million unbanked households within the U.S., then chances are you understand the extra financial stress of live without a checking or checking account. You must bring your salary to a check-cashing shop merely to ensure you get your money-plus whatever costs they choose charge; you have to pay any debts in funds through the mail or even in individual, which can be an easy method larger trouble than doing them on the web. And numerous others.

And if there is no need a checking account, the odds are fantastic that you don’t have fantastic credit. While a bad credit rating doesn’t necessarily imply you’ll receive refuted for a banking account, the types of actions that tanked your score also can result in your bank account program are declined.

Just what exactly takes place for those who have a financial disaster and you also have to take on an awful credit mortgage?Continue reading→