Alternative financial services used by underbanked U.S. households 2013

This statistic presents the alternative financial services used by the underbanked households in the United States in 2013. In that year, 68 percent of the U.S. underbanked households used money orders.

Alternative financial services (AFS) used by underbanked households in the United States in 2013

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Source

Release date

October 2014

Region

United States

Survey time period

2013

Supplementary notes

Total number of survey respondents: 40,998.
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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