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Why is it virtually important to understand the fees your bank may charge on your checking account

User Blaztix
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Answer:

Step-by-step explanation:

When a bank lends you money, it charges interest on the loan. When you open a deposit account, such as a checking or savings account, there are fees for that as well. It's important to know all the fees your bank charges, as well as how to reduce or eliminate as many of them as possible.

User Willpnw
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