30% of LGBTQ+ adults have experienced discrimination or exclusion from financial services, study finds

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30% of LGBTQ+ adults have experienced discrimination or exclusion from financial services, study finds

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One-third of adults who identify as LGBTQIA+ have experienced exclusion, bias or discrimination within financial services, according to a new survey.

The report found that while roughly half of LGBTQIA+ respondents said the quality of their financial life is what they expected, about 39% said it's worse than they anticipated.

Of those who experienced such barriers to accessing financial services, many noted that age and orientation were the top reasons they felt led to the experience.

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Category: MarketsFinanceInvesting

Topics: Banks Personal care Personal loans Finance Consumer Finance Savings Diversified Financial Services Investing In LGBT rights Sexual orientation discrimination Personal Finance Social issues Financials Consumer banking Equity and Opportunity Investing Personal finance Special Reports Personal taxes Insurance industry Personal income LGBT Invest in You: Ready Set Grow Articles Financial services technology Source:tagname:CNBC US Source Personal saving Cnbc Personal debt Investment strategy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-28, 17:30:30

News Timezone: GMT -5:00

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Language: English

Reading Time: 4 minutes read

Article Length: 653 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 19037

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