Category postal bank

A short history of postal banking

Taken from: http://www.slate.com/articles/news_and_politics/history/2014/08/postal_banking_already_worked_in_the_usa_and_it_will_work_again.html Written by: Mehrsa Baradaran As the debate over reinstituting postal banking heats up, we should know we had it. And it worked. Last week John Oliver offered up an exposé on payday loans, describing them as “the circle of debt” that “screws us all.” And at the conclusion of Oliver’s takedown on […]