I wonder if they'll team up with a mobile bank that would have low overhead and would offer low interest loans as well. Wouldn't that be sweet? Fuck the credit report and score system as well.
I am not completely sure what that would look like or how that would work out, but I think that those of us that have known about MYEC for a long time are starting to see the bank barrel that we have been over most of our lives.
Some banks charge a monthly fee just for having an account overdraft fee bill payment fee outside ATM fee minimum balance fee wire transfer fee money order/cashiers check fee loan fees credit check fee operator assistance fee/teller fee when not automated foreign exchange fee/foreign currency purchase fee
which of these fees are needed with MYEC? MYEC's low fees cover most of these services or deem them obsolete.
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