Communities that have predominately non-white residents seem to be…

Question Answered step-by-step Communities that have predominately non-white residents seem to be… Communities that have predominately non-white residents seem to be paying more in bank fees than residents in communities made up of mostly white residents. On average, black pay about $12 and Hispanic pay $14 in fees compared with white who only pay about $5 per month. The article explains that adding fees to communities that make less annually creates a perfect storm. Reasons for the additional fees pays to banks may be due to less access to ATM machines that are in network with ones bank. To decrease the amount of money paid to banks the article suggests shopping around to find the best deals. Looking at annual fees and comparing between different cards/banks could save plenty in the long run. Can someone please give me some insight on this post explaining why different people have to pay different fees? Social Science Psychology PSYCHOLOGY 002 Share QuestionEmailCopy link Comments (0)