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> The account has an exorbitant monthly fee, something like $15, Maybe it is really exorbitant but I have seen fees even in third world for keeping account wh
by geodel 6y ago
> The account has an exorbitant monthly fee, something like $15,
Maybe it is really exorbitant but I have seen fees even in third world for keeping account which maintain lower than minimum balance specified. Would it also be the structural bias all over the world that stores give more discount to people who spent more money there.
- pavlov 6y agoI mean, this is entirely anecdotal. I'm just surprised by how American corporations seem to have laid such deep roots for price-gouging the most vulnerable. So many things come with hidden fees, impenetrable cost structures and customer-hostile communication. It has made me realize that consumer-facing companies in my home country Finland seemed to be traditionally more aligned as participants in society, rather than money-extracting machines outside of it. Maybe one reason is that some basic industries like banking and grocery stores are dominated by co-ops in Finland.