How is it the bank’s fault if your balance is low? I don’t get what’s the point of this. Your balance is low because your spending matches or exceeds your income.
They’re covering for systemic political issues by blaming it on the individual, essentially covering for poverty wages and other problems related to income distribution. I don’t know why they do this, either. But that’s why this rubs many people the wrong way.
People don’t get into trouble because of avocado toast but depressed wages, soaring house prices, medical costs, etcetera. What the hell are people supposed to do if the minimum spending to survive is already too much for their meager income?
The hypocrisy. Plus a bit between the lines about the changing role of the banking sector in the economy over the last 40-50 years.