Monday, September 29, 2014

What Difference Does A Bank Account Make? You’d Be Surprised

Hadi Aboukhater Latest Startup Post


By Devin Thorpe People who do not have access to the mainstream financial system are subject to a variety of fees for services that the rest of us either get for free or at negligible prices. According to Jonathan Mintz, founding President and CEO of Cities for Financial Empowerment (often called the CFE Fund) and the former Commissioner of the Department of Consumer Affairs for New York says, “Using a traditional low-cost bank account could potentially save a full-time worker $40,000 over the course of his or her career.” …read more


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