That’s not true if you have bad enough credit or are a migrant worker. There’s an entire check cashing industry based on taking advantage of people who can’t get bank accounts and charging outrageous fees.
Many banks specifically offer services to people with bad credit and bad banking histories. Here is a Forbes article about them with a list of ones they recommend. And another article if you aren’t convinced.
There’s an entire check cashing industry based on taking advantage of people who can’t get bank accounts and charging outrageous fees.
There is an industry around this because people keep spreading misinformation about not being able to get a bank account if you have bad credit; resulting in people not looking into getting a bank account. Stop spreading misinformation, it hurts people.
That’s not true if you have bad enough credit or are a migrant worker. There’s an entire check cashing industry based on taking advantage of people who can’t get bank accounts and charging outrageous fees.
Many banks specifically offer services to people with bad credit and bad banking histories. Here is a Forbes article about them with a list of ones they recommend. And another article if you aren’t convinced.
There is an industry around this because people keep spreading misinformation about not being able to get a bank account if you have bad credit; resulting in people not looking into getting a bank account. Stop spreading misinformation, it hurts people.