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Alternative financial services usage in the U.S. households 2017, by ethnicity

Published by Statista Research Department, May 25, 2022
This statistic presents the usage of alternative financial services by households in the United States in 2017, by ethnicity. It was found that 36 percent of the U.S. Hispanic households used alternative financial services in 2017.

Usage of alternative financial services (AFS) by households in the United States 2017, by ethnicity

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Source

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Release date

October 2018

Region

United States

Survey time period

2017

Number of respondents

35,217 households

Supplementary notes

Total number of survey respondents: 35,217.
Among households which used alternative financial services in the previous 12 months.
Unbanked households are those without an account at an insured institution. Underbanked households have an account at an insured institution, but have also obtained financial services and products from non-bank, alternative financial services (AFS) providers in the last 12 months.

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