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|Credit Repair Conspiracy - Part 1 (The Banks)|
How Banks Make Money
When you deposit money in an interest earning account at a bank, they pay you a small amount of money as interest on your deposit. If you have had a savings account at any time in the past several years, you know that the interest you get paid isn't a lot. In the last 10 years the range has probably been from 1-5%, depending on the type of account and the bank.