With over 600,000 Arizonans estimated to be underbanked, Arizona Financial Credit Union has announced the launch of Azpire, a dedicated new initiative aimed at addressing the needs of individuals who operate outside of traditional banking systems.

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Unbanked and underbanked individuals often rely on alternative financial services such as check cashing, title loans, and money service counters – paying steep fees and some of the highest borrowing rates in the market, with car loans often exceeding 20% and credit card rates topping 30%. Many are left behind due to low income, limited financial education, or life-altering events such as divorce or medical emergencies.

“The traditional financial system isn’t designed for ever

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