posted on Aug, 29 2012 @ 10:52 AM
Originally posted by igor_ats
reply to post by g146541
Has anyone actually gone bankrupt from someone hacking their account though? I'm not siding either way, just asking. If a banks security measures are
easily hacked then the bank takes responsibility unless the account holder is at fault somehow..
I seriously doubt anyone has gone "bankrupt" but how much inconvenience do you want to allow a bank to put on you?
When account discrepancies do show up, the banks want you to bring in all of your account transactions and information and prove to them that you are
not robbing them, this can be a pain.
Inevitably if you can prove you are right, yes as far as I know the bank will fix the error.
Sure, not having an account is a hassle at times, like when I want to buy online.
So I go to the store and buy a disposeable visa and pay the 5 bucks for it.
It sure beats having hundreds of negative dollars in an overdrawn account!
It also teaches people to live within their means as we know we do not have a false net there "overdraft"...
Generally unless you have quite a cushion in your account, I remember worrying about my accounts back when.
Since dumping banks, I have not worried in a long time.
Now I can put my hard earned worry into something real, like my kids or home or whatever.
But extremely inconvenienced yes.
Dump your bank.
We can LIVE without them, they cannot survive without us.