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Home > Acquisitions > Not Having a Bank Account Costs Poor People Big Money
Apr20 - 21

Not Having a Bank Account Costs Poor People Big Money

Those without a bank account likely face high check-cashing fees, including for federal stimulus and child tax credit checks.

Roughly 8.8% of households in metro Detroit haven’t taken what financial experts call the first step toward economic inclusion. They don’t have bank accounts. Read the complete article here.

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