
What happens when your bank dumps you
The Decibel
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The Unseen Burden of Debanking
This chapter sheds light on the alarming experiences of a Black Nigerian immigrant entrepreneur who faces debanking from multiple Canadian banks, raising questions about racial bias. It captures the emotional and financial toll of losing banking relationships and the frustrating lack of recourse available for those impacted. Through individual narratives, the chapter emphasizes the broader implications of debanking on marginalized communities and the instinctive fear it ignites regarding financial stability.
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