ON IT Today, how you handle money means more than ever.
New service charges, confusing account options and wildly varying interest rates are just two of the techniques banks are using to pump up their slumping profits in these troubled times — at your expense. How bad is it? One former bank executive estimates that a typical restaurant will likely overpay its bank through service charges, mortgages, credit cards, business loans and checking and savings fees by tens of thousands of dollars during the lifetime of the business…unless the operator ...
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