Even if one wanted to bank with a building society, it is becoming increasingly hard to find one on the High Street, and even online. Most of the familiar names have already converted: Bradford and Bingley, Halifax, Alliance and Leicester, and the Woolwich. The almost inevitable acquisition by larger banks
The process of opening a bank account is more or less straight forward, but the process of choosing and opening the right bank account can be a bit tricky. Meaning that the decision about the right bank account requires that you gather certain information. Failure to make decision based on
Deciding on the bank you would use for your banking activities requires careful examination of the types of banks available. The basic types of bank you could decide to work with are: big banks, online banks, or local community banks. Working with each of the aforementioned banks has its own
A notable trend during the last couple of years is the change in customer preferences towards big banks. Namely, customer are starting to bank with smaller banks or local community banks. Because they choose not to bank with big banks they are taking their money away from the big national
New technology had major impact on the way we perform our everyday activities. The way we communicate, the way we make purchases has change drastically during the last decade. Of course the way we bank has also changed with the development of online banking.
While the influence of the technology is
One common belief is that switching a bank account will negatively affect your credit score. This is both, true and false at the same time. The effect from closing a bank account on your credit score may or may not be negative. It may not affect your credit score because you