The fact that you have to give all your details to a new lender when you are financially healthy in order to apply for a new loan is completely different to when a few things go wrong in your financial life and the bank who has all your loans can see all about it through the activity in your accounts.
My advice is to try to stay off the radar of concern for any bank. As your exposure with one bank goes up, it is amazing how they invent ways to find out more about what is going on in your life. Don't give them the temptation - keep your exposure to any bank on the small side!
Private bankers and relationship managers are there to protect the bank's interests, first and foremost!
My advice is to try to stay off the radar of concern for any bank. As your exposure with one bank goes up, it is amazing how they invent ways to find out more about what is going on in your life. Don't give them the temptation - keep your exposure to any bank on the small side!
Private bankers and relationship managers are there to protect the bank's interests, first and foremost!
