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Being Unbanked
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What are the downsides of using a prepaid card?
AWV
What’s the difference between a prepaid card and a debit or credit card?
awv
What is out coping skill of the day?
Problem Solving
All of the following are reasons that a person might be unbanked EXCEPT…
 
Not having a credit card account from a traditional bank
 
Not trusting the banking system
 
Not having enough available money to maintain an account
 
Not having a bank within close distance to your residence
Which of the following is a disadvantage of using a payroll card?
 
Many payroll cards charge fees
 
You cannot withdraw your money for cash
 
You cannot use your payroll card as a debit card
 
It is challenging to use a payroll card for purchases
One of the main disadvantages of payroll other prepaid cards is fees. What types of things might you be charged for when using one of these cards?
awv
Why might an unbanked employee choose to use a payroll card over receiving a paper check?
awv
What are some of the major downsides of being unbanked?
awv
what are some of the reasons that people are unbanked?
awv
What percent of teens have opened a bank account?
 
49%
 
99%
 
10%
 
75%