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What is Understanding Financial Exclusion Issues about?

1. Financial exclusion refers to the inability to access necessary financial services appropriately. About 1.5 million UK households do not use any mainstream financial services, and a further 20% use just one or two services. 2. Groups most at risk of financial exclusion include the long-term unemployed, pensioners, those with disabilities, female single parents, some ethnic minorities, and those reliant on state benefits or renting. Barriers of access, expense, conditions and negative perceptions contri

Author

Baraka

Language

EN