FSC Report: Financial Discrimination Against Adult Workers Widespread
Access to basic banking services is a necessity in our society and adult industry members experience financial discrimination at alarming rates according to a new study conducted by the Free Speech Coalition. Our March 2023 report, “Financial Discrimination and the Adult Industry” documents the broad scope of the discrimination faced by performers, content creators, professionals and business owners in the adult industry.
According to our data, nearly 2 out of 3 people who earn money in the adult industry have lost a bank account or financial tool, and nearly 40% have had an account closed in the past year. The report details, for the first time, the issues faced by adult businesses and workers in relation to banks, mobile payments, credit card processing, loans and insurance.
The report comes from a study conducted by Free Speech Coalition and Sex Work CEO between December 2022 and March 2023. Over 400 members of the adult industry took part in the survey, and includes the experiences of performers, creators, business owners, executives, industry professionals, employees and others who earn income from adult entertainment. The study is ongoing, and additional reports will be issued. The data will be used to help us advocate for banking fairness legislation and regulation. If you do adult work and haven’t taken the survey, you can do so here.
Read the full report here.
For questions about the report, contact [email protected]