Early exposure to banking influences life-long financial health

(Iowa State University) Growing up in a community with or without banks has a long-term effect on how you build and manage credit, according to a new Iowa State University study. The research shows individuals who grow up in what are essentially 'financial deserts' are slow to apply for credit and as adults have lower credit scores and more delinquent accounts.

from EurekAlert! - Social and Behavioral Science http://bit.ly/2LMnwBH