Topic: If Banks make money out of loans then they should reward those who borrow - page 3. (Read 848 times)

Technically, Loan sharks who will lend money to everyone because they know how to collect them back and they will no matter at what cost and imagine if the borrower has no money at all then the lender will make money by selling the organs too if necessary.

Banking is just a business so they are not running a chartity program I wouldn't call them unfair if people do not meet their criteria and if we need someone to blame then policymakers are the reason why poverty exists.

Bank have smart business with getting profit trough loan but there not their money, I have think with this cases how Bank earn much peofitable every years regarding loan interest from borrower but Bank use theit theor costumer for borrowing money.
Actually must be fair with profitable sharing between Bank and costumer save their money in the Bank, likely one side not profitable yet for costumer save much money in the bank but every months have to pay with administration fee but Bank earn benefit with costumer saving money to make it loan.

Don't banks already do that with the credit cards? Where the more you use the bank's credit card then the more they'll reward you with something like flyer miles?

Don't a lot of banks with credit cards already do that, they even have perks where you can get some rewards when you shop on selected stores when you use credit cards. But I get your plight, the problem with rewarding the people that loans in a bank with something is a tricky situation because you can't be too crazy on gifts but at the same time the gifts should be appreciated and sometimes they don't have time for that so they just don't do it.

Yes If money doesn't existing without someone borrowing this then each person who i use credit or debt Will be rewarded by Banks.
My friend is full debt with mortgage but i told Him to not worry you are just victim of bank and financial system you are not only one.
I Understood allready that we Are all just victims of scam and that's ITS not If but when people will just say banks we don't need you If we don't get rewards.
Becouse when i stake crypto i get profit but banks don't give nothing so i see people wake up and fight against financial scam and Understood we Are just the victims of crimes i don't use Banks anymore and told my bank you gona share your profit with me or get Lost my face.
So i closed my bank and full crypto and Im happy so many people do the Same now becouse everybody Understood that money comes from the debt so more we take debt more money created so i should get rewards for taking debt then If not Im out of financial system not just me a lot more people becouse the system made us victims.
I told my friend tell bank that it's a scam and his victim of bank scheme so all his friends tell Same now to their Banks and flahing front of bankers binance atm debit card.
Now the Even bankers himself might Understood ship is sinking and fastest they get on crypto and btc the better changes to save themselfes becouse this system not working i told my friend before bank Takes his house burn it down or beat up so the bank Will get broken House.
That's how it is people now Understood If they been treated bad they fight back ....
It's unfair they made mortgage rates higher without notice first so we are victims and If anyone struggle financially they now Understood it's the system and we all victims ....Same goes with cars people now smashing it up cars before give to financial swimdlers

You can always borrow from some gangsters, but you know what is going to happen next, most likely. And you are right, banks don't help people who are just poor. Maybe it's "unfair", I don't know, but it is like it is. OP thinks the rewards to those who borrow from banks must be bigger, well, I used to think the ice cream must be cheaper when I was a kid.

It is so easy to blame the system than making an effort to squeeze the better out of it that is why OP chose the easy way for not becoming financially successful. I am not a supporter of the banking system either because they are the one fooling the people in the first place but when we need loan there is nowhere to go other than banks which may be hard to accept but that is the fact and banks only help people who qualified in certain criteria not just every poor.

I wanted to say the same thing. In short, if you know a better economic model for banks than the existing one, open your own bank and start making money, mate, instead of complaining. It's better than to be just grumpy while doing nothing. Learn economy on high level(it's hard, I must warn you) and beat all the current economists, and not only me but everyone will wish you success in that.

I personally have no active bank account right now as my old account was closed due to inactivity and no balance for like 3 months I guess. My debit card supposed to expire by 2027 but yeah it was already blocked and that is how it works, once they get nothing from you they'll do the right thing. But it's okay I have alternatives like e-wallets not owned by a bank and a crypto wallet that is decentralized and doesn't need a bank as well. Banks don't like poor people therefore poor people don't have access to banks.

Yes If money doesn't existing without someone borrowing this then each person who i use credit or debt Will be rewarded by Banks.
My friend is full debt with mortgage but i told Him to not worry you are just victim of bank and financial system you are not only one.
I Understood allready that we Are all just victims of scam and that's ITS not If but when people will just say banks we don't need you If we don't get rewards.
Becouse when i stake crypto i get profit but banks don't give nothing so i see people wake up and fight against financial scam and Understood we Are just the victims of crimes i don't use Banks anymore and told my bank you gona share your profit with me or get Lost my face.
So i closed my bank and full crypto and Im happy so many people do the Same now becouse everybody Understood that money comes from the debt so more we take debt more money created so i should get rewards for taking debt then If not Im out of financial system not just me a lot more people becouse the system made us victims.
I told my friend tell bank that it's a scam and his victim of bank scheme so all his friends tell Same now to their Banks and flahing front of bankers binance atm debit card.
Now the Even bankers himself might Understood ship is sinking and fastest they get on crypto and btc the better changes to save themselfes becouse this system not working i told my friend before bank Takes his house burn it down or beat up so the bank Will get broken House.
That's how it is people now Understood If they been treated bad they fight back ....
It's unfair they made mortgage rates higher without notice first so we are victims and If anyone struggle financially they now Understood it's the system and we all victims ....Same goes with cars people now smashing it up cars before give to financial swimdlers

I just skipped after this and stopped BS, if your friend is in debt means he took a loan and spent it wrongly, and if banks are making money then its their business and if you don't want to take a loan then don't take a loan but blaming the system after taking a loan and can't able to pay back.

Well, bank actually give rewards to people who utilize their credit cards and pay back the due amount on time and your credit score gets better so in future you can get loans for less interest.

I just skipped after this and stopped BS, if your friend is in debt means he took a loan and spent it wrongly, and if banks are making money then its their business and if you don't want to take a loan then don't take a loan but blaming the system after taking a loan and can't able to pay back.

Well, bank actually give rewards to people who utilize their credit cards and pay back the due amount on time and your credit score gets better so in future you can get loans for less interest.

My friend is full debt with mortgage but i told Him to not worry you are just victim of bank and financial system you are not only one.
I Understood allready that we Are all just victims of scam and that's ITS not If but when people will just say banks we don't need you If we don't get rewards.
....