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Cashing places to cash their check. if they want to wire money or pay a bill, they don't have a checking account, which means you're incurring fees from other places. >> exactly. so all of us are worried about fees, but especially if you're low income. those fees can really erode the little amount of money that you're taking home. if you're not able to get access to a checking or savings account, you're forced to go to pretty costly outlets like check cashers, payday lenders, even to do basic things. >> what are banks saying? >> banks are saying that -- well, they acknowledge it's a problem. s...
Retrospect i don't think i would have done. it was harder to find easy credit then, we didn't get into credit difficulty but the cliche of having to have the hot sports car. we spent a significant amount of money not only buying it but repairing it because it broke down all the time and rented an apartment sight unseen based on a slick brochure. i can tell you the reality looked nothing like the picture in the pro brochure. >> you mentioned easy credit. that's a concern for people in the military over the past few years. you have this quite frankly, you have this industry that crops up around ...
jobless rate is more than twice that. >> oh christine, we talk so much about the unemployment rate and our economy, but you're right, for young combat veterans coming home from war, young men aged 18 to 25, who finished their service to the country, the picture is very grim. they are facing a staggering unemployment rate, 21.9% according to the bureau of labor statistics. it's caught the attention of senator patty murray, chairman of the senate veterans affairs committee. have a listen to what she has to say about this. >> we have invested billions of dollars in training our young me...