No Slack is popular PDF and ePub book, written by Michael S. Barr in 2012, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, No Slack can be Read Online from any device for your convenience.

No Slack Book PDF Summary

The financial crisis exposed unsavory results of interactions between low- and moderate-income households and alternative and mainstream financial institutions: overleveraged incomes, high cost for financial services, and lack of access to useful financial products that can cushion against economic instability. It revealed a financial services system that is not well designed to serve these households, leaving them without financial slack. Pivotal analysis, focusing on metropolitan Detroit's low- and moderate-income neighborhoods, examines household decision making processes, behaviors, and attitudes toward a full range of financial transactions during the subprime lending boom. The author advocates helping families seek financial stability in three primary ways: enhancing individuals' financial capability, using technology to promote access to financial products and services that meet their needs, and establishing strong protections for consumers.

Detail Book of No Slack PDF

No Slack
  • Author : Michael S. Barr
  • Release : 01 October 2024
  • Publisher : Brookings Institution Press
  • ISBN : 9780815722335
  • Genre : Business & Economics
  • Total Page : 308 pages
  • Language : English
  • PDF File Size : 19,7 Mb

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