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Gamestop: For All Your Banking Needs

scott
edited March 2014 in Off-Topic
http://www.technologytell.com/gaming/125326/gamestop-for-all-your-banking-needs/

Really a WTF story - it's also in Businessweek (http://www.businessweek.com/articles/2014-03-19/how-to-turn-gamestop-into-your-no-fee-bank)

Just continues to show the need for financial education (from the article: "“I got really pissed off with US Bank because I kept overdrafting my account even though I opted out, and the same thing happened with my credit union when I got a debit card. Now whenever I get paid I go order a whole s*&tload of games. Whenever I need money, I go to the nearest GameStop and ask for my money back on a game I don’t want and make a withdrawal. The lines are shorter at GameStop than at the bank and I can trade in old games and have money go straight to my savings account.”)

While banks are by no means perfect, Gamestop (which is not exactly FDIC insured for one and I think is sliding into Barnes and Noble-style irrelevance on top of that) is not exactly the answer...

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