Thursday, July 2, 2015
Undocumented immigrants and credit markets
Undocumented, or illegal, immigrants face a number of obstacles to economic success in the host country. Not having "papers" not only makes it more difficult to find a job, it also makes it more difficult to access financial services, from opening a bank account to taking out a loan. A paper by Nathalie Martin, "Giving Credit Where Credit Is Due," explores how undocumented immigrants in the US use--or don't use--banks and credit.