Banking desert
Banking deserts are areas with inadequate banking services. They are usually in rural space due to being less populated, thus there are less profit opportunities for large institutions. Especially vulnerable to the issues associated with banking deserts are low-income residents and the elderly. If basic financial services are unavailable, residents become "vulnerable to predatory lenders and pricey check cashers". In the US, banking deserts are more often found in communities of color than they are elsewhere.
Wikipage disambiguates
Link from a Wikipage to another Wikipage
primaryTopic
Banking desert
Banking deserts are areas with inadequate banking services. They are usually in rural space due to being less populated, thus there are less profit opportunities for large institutions. Especially vulnerable to the issues associated with banking deserts are low-income residents and the elderly. If basic financial services are unavailable, residents become "vulnerable to predatory lenders and pricey check cashers". In the US, banking deserts are more often found in communities of color than they are elsewhere.
has abstract
Banking deserts are areas with ...... color than they are elsewhere.
@en
Link from a Wikipage to an external page
Wikipage page ID
46,718,759
page length (characters) of wiki page
Wikipage revision ID
1,017,830,003
Link from a Wikipage to another Wikipage
wikiPageUsesTemplate
subject
hypernym
type
comment
Banking deserts are areas with ...... color than they are elsewhere.
@en
label
Banking desert
@en