Credit Union Realities
Credit unions, often seen as a refuge from high banking fees, are generating significant revenue from overdraft and late fees, with some earning up to 10% of their revenue this way. As they drift from their original mission, it's crucial to remain vigilant when choosing a credit union, as not all are created equal. While they offer lower rates on loans and credit cards, online banks may provide better overall benefits, especially for savings and avoiding fees.In this clip
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Friday Flight - Crappy Credit Unions, Contractor Scams, & Aldi Everywhere #801
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