Banks Aggressively Courting Poor Customers With High-Fee Products

04/26/2012 08:22 am ET
  • JESSICA SILVER-GREENBERG and BEN PROTESS The New York Times

When David Wegner went looking for a checking account in January, he was peppered with offers for low-end financial products, including a prepaid debit card with numerous fees, a short-term emergency loan with steep charges, money wire services and check-cashing options.

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