2007-03-30 11:31:56 · 10 answers · asked by Anonymous in Entertainment & Music ➔ Polls & Surveys
by charging crazy amounts of intrest on loans and charging for so many things like your statements crazy overdraft charges and trying to sell you things you rarely need and crazy charges to use your debit card or making you carry a certain balance in your account so they have use of your money for the banks investments charging crazy prices for their checks etc.,they are in the business of making money and they make a lot.its basically legalized robbery with what you really pay on a 30 year mortgage or a 6-7 year auto loan or any of their loans offered .
2007-03-30 12:39:36 · answer #1 · answered by dixie58 7 · 1⤊ 0⤋
They make money off of the money that you have deposited in the bank (interest). They make money by charging to do things like make a Wire Transfer. They make money off of customers ordering check books, late fees, ATM fees...
There are too many ways to fully list them here.
2007-03-30 18:38:10 · answer #2 · answered by Guitarist 3 · 1⤊ 0⤋
sur charges.like $35 for each overdrawn check and many other things like the $2-4$ ATM charges
2007-03-30 18:35:49 · answer #3 · answered by nas88car300 7 · 1⤊ 0⤋
By charging you interest on loans, mortgages, and writing to you.
They also invest on the Stock Markets.
2007-03-30 18:37:26 · answer #4 · answered by Anonymous · 1⤊ 0⤋
We pay them to keep our money in their bank.
2007-03-30 18:37:17 · answer #5 · answered by Thumper 7 · 0⤊ 1⤋
They make investments with our cash, and then charge us for access to our money.
2007-03-30 18:36:01 · answer #6 · answered by Rowan 7 · 1⤊ 0⤋
from the interest they charge on loans
2007-03-30 18:34:52 · answer #7 · answered by Anonymous · 1⤊ 0⤋
They make most of it in interest.
2007-03-30 18:40:39 · answer #8 · answered by ConcernedCitizen 7 · 0⤊ 1⤋
charges for everything you can think of....loans...cashing checks...bounced checks...the list is endless
2007-03-30 18:35:13 · answer #9 · answered by Anonymous · 1⤊ 0⤋
I always wondered bout that
2007-03-30 18:35:11 · answer #10 · answered by Alicia 3 · 0⤊ 1⤋