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August 10, 2020

How to get started if you've never had a bank account

By SPENCER TIERNEY
NerdWallet

Managing your money without a bank account is doable. But it can pose challenges — and the COVID-19 pandemic has only added more.

Your economic impact payment might have arrived weeks or months after others' did, in the form of a check or prepaid debit card, because you couldn't choose the faster delivery option of direct deposit into a bank account. And if you've gone to the store lately, you may have been asked to pay with a debit or credit card or in exact change due to a nationwide shortage of coins and concerns over germ transmission.


 
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