one percent) reported past-year fringe credit, as the unbanked facts set integrated 15,039 respondents, among whom 603 (4.0 %) reported are unbanked. 39 Both fringe individuals additionally the unbanked had a tendency to has decreased socioeconomic status than nonfringe consumers therefore the banked, reporting lower earnings, studies, and odds of medical insurance and jobs. The unbanked tended to need decreased socioeconomic condition than perimeter borrowers.
The coordinating process produced coordinated facts set with an average of 1,472 participants for edge credit and 1,437 for unbanked status. Descriptive reports for a matched facts ready were revealed in display 1. After matching, all covariates aside from rent-to-own purchasing utilization in the perimeter borrowing from the bank evaluation got average standard mean variations not as much as 0.10 (see appendix A1), 35 which suggests that the process effectively matched revealed respondents to unexposed respondents who were equivalent on observed confounders.
Perimeter individuals and unbanked are furthermore almost certainly going to submit a race/ethnicity other than non-Hispanic white
Fringe individuals in addition to unbanked comprise additionally very likely to report a race/ethnicity other than non-Hispanic white
| Edge borrowing | Unbanked position | |||||||||
| No | Yes | No | Yes | |||||||
| N | percent | Letter | % | SMD | N | percent | N | per cent | SMD | |
| N | 1,006 | 65.6 | 526 | 34.4 | 986 | 64.6 | 540 | 35.4 | ||
| Degree | 0.02 | 0.02 | ||||||||
| At least a bachelor’s degree | 164 | 16.3 | 87 | 16.5 | 36 | 3.7 | 19 | 3.5 | ||
| Some college | 333 | 33.1 | 171 | 32.5 | 201 | 20.4 | 110 | 20.4 | ||
| Senior high school | 361 | 35.9 | 193 | 36.7 | 396 | 40.2 | 215 | 39.8 | ||
| Under high-school | 148 | 14.7 | 75 | 14.3 | 353 | 35.8 | 196 | 36.3 | ||
| US-born | 902 | 89.7 | 475 | 90.3 | 0.02 | 731 | 74.1 | 392 | 72.6 | 0.04 |
| Race/ethnicity | 0.03 | 0.03 | ||||||||
| Hispanic | 106 | 10.5 | 59 | 11.2 | 265 | 26.9 | 149 | 27.6 | ||
| Non-Hispanic black | 195 | 19.4 | 98 | 18.6 | 255 | 25.9 | 141 | 26.1 | ||
| Non-Hispanic white | 616 | 61.2 | 324 | 61.6 | 352 | 35.7 | 193 | 35.7 | ||
| More | 89 | 8.8 | 45 | 8.6 | 114 | 11.6 | 57 | 10.6 | ||
| Male | 425 | 42.2 | 236 | 44.9 | 0.05 | 424 | 43.0 | 219 | 40.6 | 0.05 |
| Work standing | 0.03 | 0.05 | ||||||||
| Employed | 620 | 61.6 | 218 | 60.5 | 446 | 45.2 | 234 | 43.3 | ||
| Perhaps not into the work force | 297 | 29.5 | 159 | 30.2 | 452 | 45.8 | 252 | 46.7 | ||
| Unemployed | 89 | 8.8 | 49 | 9.3 | 88 | 8.9 | 54 | 10.0 | ||
| Had medical insurance | 799 | 79.4 | 427 | 81.2 | 0.04 | 684 | 69.4 | 372 | 68.9 | 0.01 |
| Year | 0.03 | 0.04 | ||||||||
| 2012 | 382 | 38.0 | 203 | 38.6 | 358 | 36.3 | 206 | 38.1 | ||
| 2014 | 351 | 34.9 | 177 | 33.7 | 339 | 34.4 | 178 | 33.0 | ||
| 2016 | 273 | 27.1 | 146 | 27.8 | 289 | 29.3 | 156 | 28.9 | ||
| Home in a metro area | 0.03 | 0.05 | ||||||||
| Yes | 765 | 76.0 | 397 | 75.5 | 748 | 75.9 | 399 | 73.9 | ||
| No | 222 | 22.1 | 117 | 22.2 | 230 | 23.3 | 136 | 25.2 | ||
| Unknown | 19 | 1.9 | 12 | 2.3 | 8 | 0.8 | 5 | 0.9 | ||
| Veteran | 95 | 9.4 | 47 | 8.9 | 0.02 | 37 | 3.8 | 19 | 3.5 | 0.01 |
| Meals stamps receipt | 262 | 26.0 | 142 | 27.0 | 0.02 | 366 | 37.1 | 232 | 43.0 | 0.12 |
| Unbanked | 125 | 12.4 | 69 | 13.1 | 0.02 | – a | – a | – a | – a | – a |
| Rent-to-own buying useb | 78 | 7.8 | 55 | 10.5 | 0.09 | – a | – a | – a | – a | – a |
| Search finances useb | 213 | 21.2 | 120 | 22.8 | 0.04 | – a | – a | – a | – a | – a |
| RAL useb | 66 | 6.6 | 49 | 9.3 | 0.10 | – a | – a | – a | – a | – a |
| Mean | SD | Mean | SD | SMD | Mean | SD | Mean | SD | SMD | |
| Age (years) | 44.3 | 13.2 | 44.1 | 13.5 | 0.01 | 44.3 | 14.4 | 44.1 | 14.1 | 0.02 |
| Equivalized income ($)c | 2.4 | 2.3 | 2.5 | 3.4 | 0.03 | 1.6 | 3.2 | 1.4 | 1.8 | 0.07 |