Archive for the 'Banking' Category

How to Obtain a Non ChexSystems Bank Account Without Being Scammed

Alexis Dawes asked: Predatory lending exists in the mortgage industry. It’s typically when a mortgage broker add’s on unnecessary fee’s to a bad credit application, because he or she knows that the applicant is in a desperate situation.Predatory banking can also exist for those who have ended up in the ChexSystems.ChexSystems is a network of [...]

Bank Run Or Stealth Bailout? Global Credit Crisis Hits Main Street

Ellen Brown asked: In July 2007, the global credit crisis hit Wall Street. In September 2007 it hit Main Street, in what has been called the worst bank run since the 1970s. Northern Rock, Britain’s fifth-largest mortgage lender, was besieged at branches across the country, as thousands of worried customers queued for hours in hopes [...]

Online Banking for the Future

Jennifer L Loganathan asked: How long did you think it would take for us to completely integrate our lives with the internet? It is almost too easy; today, we can research, pay for and learn to fix almost any mess we’ve gotten ourselves in to. In so many ways, the ability to be online has [...]

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