Business, career & technology

Are banks making too much money from fees?

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neil.sherman
neil.shermanHost

Expired
Host
They take your reserve funds, and loan them out to others at an intrigue. The key is in picking individuals who will make an incentive out of the cash acquired, e.g. skilled workers who require cash to purchase crude materials, which they will form into something that they can offer for more than the cost of the crude materials.
1 y
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They have to implement their rules in imposing charges to discipline the customers too.
1 y
Host
They have to implement their rules in imposing charges to discipline the customers too.
That is true but I just hope that they charge lower rates. They are already using the money of the customers to make businesses with other big companies, investment to big projects, so they must charge less fees.
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1 y
Host
Charging fees is a common practice in any businesses including banks. If they are making too much money from fees, good for them. What we should do is to avoid being charged from paying late of our loans, etc. So let's just settle our obligation on time so we won't be charge for any late fees.
1 y
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Lower fees will be greatly appreciated. 😍
1 y
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I appreciate their effort of taking care of our money but i hope not too much fees will be charged from their client.
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