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Percent of households that used an alternative financial service (AFS) in the past year

Percent of households that used an alternative financial service (AFS) in the past year

Alternative financial services (AFS) are services offered by institutions other than traditional banks. Transaction AFS include money orders, check cashing, and international remittances. Credit AFS include payday loans, refund anticipation loans, rent-to-own services, pawn shop loans, and auto title loans.

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Unbanked and underbanked households

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