LogFAQs > #882869963

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Topicis there a reason why some people don't have bank accounts?
SKARDAVNELNATE
07/13/17 8:55:20 PM
#25:


Banks have minimum balance fees. Suppose you don't have $300 to put aside to keep your account in good standing, next month it's $10 less, and the next month, and so on... Not only is that money wasted but if you don't close out the account eventually you're overdrawn and owe money.

Though with a $15,000 check they should be able to open an account.
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