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[–] 8 points 4 months ago (1 child)

Credit Unions for example require a share purchase usually so while it's usually quite small some people can't afford to loose even $5.

Sometimes it's also debt, guy owes his normal bank a fuckload of money so uses the cash checking to cash his check, he might lose a bit in fees but it's probably less than what the bank would of taken. I've seen alot of contractors in this situation.

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