Bar Is Too Low
Aug. 22nd, 2019 09:42 pmI got an ad in the mail from a bank letting me know that now I can "bank with a conscience."
So what would a decently ethical bank do? Maybe not give loans to fossil fuel companies now that we know about global warming? Or to companies with unethical practices such as many private prison systems, ICE, Monsanto, etc.? Have special programs for people who are a good loan risk but don't look like one because of past problems?
Um, no. Here are the examples they provide:
Never will we ever...
* Open fraudulent accounts in your name
* Conspire to fix interest rates
* Charge you for car insurance you don't need
* Charge you pointless fees to bank with us
Um, thanks? I'm sticking with my credit unions.
So what would a decently ethical bank do? Maybe not give loans to fossil fuel companies now that we know about global warming? Or to companies with unethical practices such as many private prison systems, ICE, Monsanto, etc.? Have special programs for people who are a good loan risk but don't look like one because of past problems?
Um, no. Here are the examples they provide:
Never will we ever...
* Open fraudulent accounts in your name
* Conspire to fix interest rates
* Charge you for car insurance you don't need
* Charge you pointless fees to bank with us
Um, thanks? I'm sticking with my credit unions.