Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: JohnD9207
The UNBANKED?????????????? Here in the real world the only way the banking industry might not ‘Bank’ you is either
1. A history of bad checks so bad the bank says go away.
2. No valid id/documentation because you are on the lam,
or not suppose to be here in America (illegals).
3. A credit score under 500.

My bet would be on #2, by a country mile.

And those folks take the haircut twice — once to cash the paycheck; then again to send remittances south to the family in the old country.

27 posted on 01/24/2008 9:40:25 AM PST by cynwoody
[ Post Reply | Private Reply | To 6 | View Replies ]


To: cynwoody

YEP!!!!!

I can’t think of one bank that doesn’t want more business however
rules are rules. Are the Feds gonna force banks to open accounts
regardless of well established rules of business? Reminds me of
the push to lower lending rules for no income check, and arm’s
to get folks home loans. That’s going well huh?


28 posted on 01/24/2008 10:10:27 AM PST by JohnD9207 (Lead...follow...or get the HELL out of the way!)
[ Post Reply | Private Reply | To 27 | View Replies ]

To: cynwoody

There is a reason that the pay day loan places thrive in areas where there is a heavy concentration of illegals.


29 posted on 01/24/2008 10:35:49 AM PST by Eva
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson