We expand on these findings in our peer-reviewed article. The estimated balance required to avoid overdraft fees or account closures varies substantively across race: $658 for Whites, compared to $842 for Black, $643 for Asian, and $900 for Latinx peoples
2,216 followers
2,216 followers
#OverdraftFees = predatory loans. We need a better, non-exploitative banking system. Re-upping our paper on racialized costs of banking, where we found account costs & fees including overdrafts varied substantively by race, more expensive for BIPOC htt
340 followers
RT @TerriFriedline: Finally, the peer-reviewed version of our paper on the racialized costs of banking that highlights an important way eco…
532 followers
RT @TerriFriedline: Finally, the peer-reviewed version of our paper on the racialized costs of banking that highlights an important way eco…