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Latinos, Blacks pay over twice as much in bank fees

1/14/2021

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People of color are paying more than twice the amount in banking fees than white Americans, a Bankrate survey found.

​When asked about fees such as ATM, overdraft and routine service charges, Latinos are paying $14 a month on average for checking accounts at banks or credit unions, while Black adults report shelling out about $12 a month. White checking account holders said they are paying an average $5 per month. READ MORE AT NBC NEWS
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