How Dishonest Are Banks?
The total credit card debt per UK household stands at around £2,656 according to figures from August 2018!
52. Debit And Credit Cards Were Not Created Equally!
While many us would like to believe that debit and credit cards are given the same theft protection, this isn’t actually the case.
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While credit cards are almost completely covered in the event they are stolen, debit cards on the other hand are not!
53. Banks Are Superior…
Banks of course want you to believe they are the only option out there if you want your money to be safe.
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But in reality, credit unions are an equally good option. Some of their benefits include better interest rates and lower fees which can make your finances more manageable!
54. Banks Are Allowed To Take Your Money…
If you owe your bank money in fees or overdrafts, they hold the right to take what they owe straight out of your next deposit!
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