Bank Blog

I have a home that I want to sale but I owe more than it is currently worth with the market being so bad. I also have a home that I just bought. My 1st home have a 1st and 2nd mortgage. They are with different people. My 2nd mortgage on the 1st home is with the bank that is financing my 2nd home. If I go into forecloser with the 1st home can my bank cancel or take back the loan for the 2nd home? I know that I can do a shortsale, but even then- can they stop financing my 2nd home? Please someone help me?

By: seeknhelp

I and my partner are looking to open a franchise in the next six months and in the process of clearing up the rest of our credit along with saving six months for capital but we will need a loan under a new corporation. We are wondering due to the crisis if we should wait for a year after the dust settles or will the six months lenders might be more agreeable to loan for small business. Even though the financial crisis may clear up it is evident we are heading to a recession in which it might be better to stay at the old job or try for a higher paying job. My partner and i consider the franchise as recession proof and we are able to save until we open but we definately will need a loan to be able to open without piercing the corporate veil! I understand it may take 1 year to two years for a bank to look at you for a large loan but we are just looking for start up to go with our capital. We are applying for the corporation and credit clean up is definately in the works for our score but a little worried that we may have to wait indefinate for a loan. Any suggestions? I saw in the other emails bad loan.com may not be the thing to use after the financial crisis so we are wondering besides borrowing and saving ( no home sorry!!) what else can be done. Will the late for small business be long? By the way what exactly is a credit line for small business what is it used for ? is it the same as money?

By: dablack2004

I’m currently a junior in high school. I’m trying to decide whether to focus on Emory University of University of Maryland College Park. I want to major in Finance/Banking. Can you give me your ideas on which school would be better as far as academics, social scene, professors, dorms, and more. All information will be appreciated. Thank you.

By: Jarrick S

For some reason ATM here only allows me to take out 250 euros each time. The exchange rate has been around 1.47 or so with a 3 dollar surcharge in addition. With the exchange rate sucking, I dont know what’s the best way because I need to pay rent by cash. Help!

By: Jack T

I know the FDIC insures accounts up to a certain amount, but what happens to people who have mortgages or person loans with the bank? Are you just out of paying that money back or can they come in and say we want all our money back now? How does that work?

By: teter0711

My rebate is going to be deposited into a closed account. I need to change my bank account info with the IRS>

By: dayzigrl

I need about $10,000 in next few months - which is better, taking out a 401k loan or doing a seperate bank loan… with these in mind…
401k loan - $10,000 at 5% over 3 years
Bank loan - $10,000 at 5% over 3 years

Lets compare apples to apples on this, same interest rate and same amount… what are the tax advantages or disadvantages (when i repay the 401k loan i pay it with after tax money so that is a mark against the 401k loan), short term benefits, long term benefits, credit score hit, etc…

By: sean r

I don’t see any rational for providing my bank account info if my credit card is already linked with them. I am not comfortable on providing too much information in one site.

By: g zorros

I have Japanese bank account (I got shipped off there to do some work) and would like to get my money out of Japan and into my US based bank account.

Has anyone done this before, or know how to go about it? Can the bank do it, and the currency conversion, if I provide them the account numbers or do I have to use a third party? Thanks.

By: Andy

The UNITED STATES OF AMERICA is a corporation owned by foreign interests

Excerpted from Dove-of-Oneness February 9 newsletter
http://www.nesara.us

www.fourwinds10.com/phb/united-states.html

Below are two articles covering the fact that, since the Act of 1871 which established the District of Columbia, we have been living under the UNITED STATES CORPORATION which is owned by certain international bankers and aristocracy of Europe and Britain.

In 1871 the Congress changed the name of the original Constitution by changing ONE WORD — and that was very significant as you will read.

Some people do not understand that ONE WORD or TWO WORDS difference in any “legal” document DO make the critical difference. But, Congress has known, and does know, this.

I’m told this corporation, established in 1871, will be cancelled by NESARA and NESARA will also restore the ORIGINAL Constitution which assists in restoring our Constitutional Rights and the Bill of Rights and our rights as described in the Declaration of Independence.

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1871, February 21: Congress Passes an Act to Provide a Government for the District of Columbia, also known as the Act of 1871 ( from yet unpublished book, “Pentimento: Freedom Revisited.” As you will see when reading, just as much of my knowledge of the Trading with the Enemy Act came from Gene Schroder, et al. this, too, came from elsewhere — from Lisa Guilian of Babel Magazine, whom I first “met” by way of an article by Patrick Bellringer. So, we cooperate as we study and learn the truth. C. E.)

With no constitutional authority to do so, Congress creates a separate form of government for the District of Columbia, a ten mile square parcel of land (see, Acts of the Forty-first Congress,” Section 34, Session III, chapters 61 and 62).

The act — passed when the country was weakened and financially depleted in the aftermath of the Civil War — was a strategic move by foreign interests (international bankers) who were intent upon gaining a stranglehold on the coffers and neck of America.

Congress cut a deal with the international bankers (specifically Rothschilds of London) to incur a DEBT to said bankers. Because the bankers were not about to lend money to a floundering nation without serious stipulations, they devised a way to get their foot in the door of the United States.

The Act of 1871 formed a corporation called THE UNITED STATES. The corporation, OWNED by foreign interests, moved in and shoved the original Constitution into a dustbin. With the Act of 1871, the organic Constitution was defaced — in effect vandalized and sabotage — when the title was capitalized and the word “for” was changed to “of” in the title.

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THE CONSTITUTION OF THE UNITED STATES OF AMERICA is the constitution of the incorporated UNITED STATES OF AMERICA.

It operates in an economic capacity and has been used to fool the People into thinking it governs the Republic. It does is not!

Capitalization is NOT insignificant when one is referring to a legal document. This seemingly “minor” alteration has had a major impact on every subsequent generation of Americans.

What Congress did by passing the Act of 1871 was create an entirely new document, a constitution for the government of the District of Columbia, an INCORPORATED government. This newly altered Constitution was not intended to benefit the Republic. It benefits only the corporation of the UNITED STATES OF AMERICA and operates entirely outside the original (organic) Constitution.

Instead of having absolute and unalienable rights guaranteed under the organic Constitution, we the people now have “relative” rights or privileges. One example is the Sovereign’s right to travel, which has now been transformed (under corporate government policy) into a “privilege” that requires citizens to be licensed.

By passing the Act of 1871, Congress committed TREASON against the People who were Sovereign under the grants and decrees of the Declaration of Independence and the organic Constitution.

[Information courtesy of Lisa Guliani, www.babelmagazine.com. The Act of 1871 became the FOUNDATION of all the treason since committed by government officials.]

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The UNITED STATES Isn’t a Country - It’s a Corporation!

In preparation for stealing America, the puppets of Britain’s banking cabal had already created a second government, a Shadow Government designed to manage what the common herd believed was a democracy, but what really was an incorporated UNITED STATES. Together this chimera, this two-headed monster, disallowed the common herd all rights of sui juris. [sovereignty]

Congress, with no authority to do so, created a separate form of government for the District of Columbia, a ten-mile square parcel of land. WHY and HOW did they do so? First, Lisa Guliani of Babel Magazine, reminds us that t

By: Mercer