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Half of adults think banks should monitor data to spot financial problems - MSE News
Former_MSE_Callum
Posts: 696
Forumite
Half of UK adults say their bank or building society should use their financial data to identify potential problems, according to a new report...
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'Half of adults think banks should monitor data to spot financial problems'
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'Half of adults think banks should monitor data to spot financial problems'
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Comments
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half of adults should go back to school and learn how to control themselves0
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Monitoring data? Sounds like big brother.0
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half of adults should go back to school and learn how to control themselves
+1
It just gives people the further excuse when they get in debt "oh my bank didnt tell me".
Nationwide and Halifax send you a reminder text if you dont have the funds for an upcoming direct debit. Thats quite handy but i dont think it should go further than that.0 -
There was an article about someone with mental health issues wishing the bank would have stopped them spending. NOT the banks job. If you're that sick that you're not in control because of your illness, appoint someone you trust with your finances or get an account where overspending is not possible (no OD etc). Otherwise its like asking the chip shop owner not to sell you chips as he can see you are already overweight.
Selfcontrol and watching your accounts which is easier than. ever with mobile online banking03/26: OD £1200 600 500, CC £3914 3317, family £3100, loan £5618 5306 5036- total: £13832 12323 12003, mortgage £58,243 £57,766 571140
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