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Who are the financially underserved according to this film?Hardworking Americans who do not have a bank account or do not have access to traditional financial services. They rely on cash and checks and tend to turn to alternative financial services, like check cashers, pawn shops, money order services and payday lenders.How many people does this issue affect nationwide?This issue affects nearly 70 million Americans1. The FDIC estimates that more than 40% of Americans have used an alternative financial service at some point in their life.What’s the film about?Spent: Looking for Change is a film about everyday Americans without the financial options most of us take for granted and the movement giving them renewed hope. Turning to pawn shops, check cashing services, and using payday loans to meet basic financial needs can be costly for many of us, with $89 billion a year going to fees and interest2 for using these types of alternative financial services. It’s time for change. New technology, new ideas and encouraging dialogue around this issue can help make managing money simple and more affordable.What is the message of this film?For a large portion of Americans the traditional financial system just isn’t working. Lack of access to banking services and credit, as well as adequate financial education are holding people back. But unlike so many societal issues, this problem is solvable. Through technology, financial education and new solutions we can help to bring people from the margins to the mainstream.List 10 facts you have learned from the documentary from ................
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