Secrete of Bankers

There is something existing which is worse than bankruptcy. And, it may occur to you without you even know.

Even you haven’t done anything wrong, you need to open up a checking account you are rejected. You complaint, your credit is good.

The system was designed to save banks from deadbeats. The people who will open a checking account at 5 or 6 banks in one afternoon… will just sufficient to open account, then overdraft them all, not at all to be heard of again.

Thus, many innocent people affected by such things. e.g. someone wants to close their account.

They go the bank branch, visit the banker and close the account. If there is any balance remaining, banker gives them and relationship is over. Many banks re-open the account by accepting some charge. Though, as far as you are concerned the relation is over. As far as the bank concerned, you have overdrawn the account. You owe them amount.