Jump to content
JWTalk - Jehovah's Witnesses Online Community

Banks Don't Need Your Money


We lock topics that are over 365 days old, and the last reply made in this topic was 3350 days ago. If you want to discuss this subject, we prefer that you start a new topic.

Recommended Posts

Yes, if you open an account at a bank and have a negative balance, they will charge you fees - after all you asked them to provide a service. It is reasonable that the bank should get something in return for their work. I know I like to get paid when someone asks me to work for them - that's just the kind of world we live in. :lol2:

My personal opinion - if you don't have enough money to keep some in the account, don't open the account and if you have close it. TADA no more fees, but also no more bank service.


Edited by trottigy
Plan ahead as if Armageddon will not come in your lifetime, but lead your life as if it will come tomorrow (w 2004 Dec. 1 page 29)

 

 

 

 

Soon .....

 

Link to comment
Share on other sites

The person was not speaking of fees against overdraft.  In addition, paying bank fees to have an account is not new.  The new thought is that banks are no longer viewing depositors the same way.  In the past, depositors were entitled to a measure of protection different from investors.  That is no longer the view of banks.  The most recent budget bill in the U.S. includes measures that will enable banks to take money from depositors in the event of another banking crisis comparable to what happened in 2008.  Dodd Frank has pretty much been gutted and it wasn't that strong to begin with.  FDIC has had to admit in recent years that they do not have funding to protect depositors and now banks have access to FDIC protections.

 

Depositor protections

 

Agape'

Link to comment
Share on other sites

  • Recently Browsing   0 members

    • No registered users viewing this page.

About JWTalk.net - Jehovah's Witnesses Online Community

Since 2006, JWTalk has proved to be a well-moderated online community for real Jehovah's Witnesses on the web. However, our community is not an official website of Jehovah's Witnesses. It is not endorsed, sponsored, or maintained by any legal entity used by Jehovah's Witnesses. We are a pro-JW community maintained by brothers and sisters around the world. We expect all community members to be active publishers in their congregations, therefore, please do not apply for membership if you are not currently one of Jehovah's Witnesses.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

JWTalk 23.8.11 (changelog)