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Tuesday, December 15, 2009

MSNBC: Is your bank in trouble? More report bad loans

I would say my bank is not in trouble; it causes trouble. They are more then willing to take my money without any problems, but when I would need some cash they make me jumps through hoops. When they finally decide I would qualify for a loan then the percentage rate is so high it breaks my bank.

Yeah, you can cry all the way to the bank these days, literally. Not that it does any good and it sincerely prods me taking the old fashioned sock back in consideration. Unfortunately, that appeared to have holes in it; it was empty in no time.

It's a hard call whether it is worth taking it to the bank, trying to get a loan or knowing the bank is in good shape. We always find out after the fact and we can only hope it will get better in the future. In the mean time, getting access to a loan will remain a nightmare.

You can bank on that!

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