Real Internet Banking

Would you go back to the old days of queueing and rude tellers, or is this new technology means a bit of a farce?
just making a decision as to what way to go? (bank clerk putting me under pressure)

I loved it when the ATM machines came in so I could do all my banking without having to go inside the bank. I loved it when the banks then went online and I could pay all my bills in about a minute without needing envelopes or depending on the postal service to get the check there in time. I also could more easily track my payments so if a purveyor said I didn't pay on time I could easily pull up and email off a copy of the bank payment and tell the guy to develop better bookkeeping habits. I also stopped ordering (and paying for) checks; I've had the same "book" of checks for over a year and only use them to send as money gifts to the kids. Before the economy tanked, I used to love the online only banking sites because they weren't paying for brick'n'mortar real estate so, at least theoretically, didn't spend (your) money on that. I do worry just a little about what would happen if for some reason computers stopped working and I get a bit sweaty whenever my computer has problems. I wonder how many people die and their heirs don't even know about some online bank account the deceased had, or worse, the heirs don't know the password to get into the deceased computer to get all that "when I die" info.

2009-07-29 08:40:42 by Manhattan Transferred

In this video I will show you how to receive a free 5 dollar cash and also to exchange emoney and to order debit card and a forex and forum that ...

...if i pay for something on amazon or ebay, why isnt that reflected on my balance immediately or at the very least..by the next day?

is it just that nat west credit card banking is crap...or does your online bank info also have an unreasonable time lag, between you purchasing something..and that info being reflected in your current on-line banking balance?

It won't appear on your account until Amazon (or eBay or any other retailer) submit their claim for cash to your bank. That can take up to 4 days and is dependant on the retailer, not your bank.

I use NatWest on line banking and I think it's great!

2008-01-21 02:24:41 by catweazle

Price: $5.95 $5.95

Citibank, Chase Manhattan, Chemical and Manufacturers Hanover started offering online services via the videotex system in 1981.

The world's first exclusively internet only bank was Egg Banking plc, which was started in 1998.

2009-05-04 21:08:43 by fereshteh

Price: $5.95 $5.95

I don't know that the Caja de Cadiz exists at all, virtual or otherwise. And I live here.
I wouldn't, if I were you.

2008-12-25 07:08:49 by mohsen z

I just want to know has anyone done a refinance of mortgage over the internet?

The only way to determine whether or not you will qualify for a refinance loan is to apply for a loan with several different lenders and/or brokers. Unfortunately, it is very difficult to get approved for 100% loan to value (LTV) loans given the state of the credit markets, but I'd suggest applying and seeing what happens.

Bills.com makes it easy to compare mortgage offers and different loan types. Please visit the loan page and find a loan that meets your needs at: https://www.bills.com/mortage/refinance

Not only will these mortgage professionals be able to tell you whether or not your currently qualify, but if you do not qualify, they can tell you what aspects of your financial situation might cause you problems, and make suggestions about how to improve your chances to qualify for a loan.

If you would like to read more about mortgage refinance loans, I encourage you to visit the Bills.com Home Refinance Resources page at http://www.bills.com/home-refinance

Here are the main considerations that a lender will consider:

1. First, your credit history is a major consideration when you are shopping for a new mortgage. A favorable credit score will increase your chances of finding the best loan with a low rate and low points, since you will qualify for better interest rates than those available to people with credit problems. Currently, the average interest rate for a new 30 year fixed-rate loan is 5.75%, and the average FICO credit score is 723. So, if your credit score is better than 720, you should expect to qualify for an interest rate of around 5.75%, or possibly lower. However, if you have had credit problems in the past, you could be forced to pay a significantly higher interest rate, which could make your monthly payments much higher. For example, the monthly payment on a $100,000 30 year mortgage at 6.5% is approximately $630, plus insurance, taxes, etc. If the interest rate on the loan increases to 9.5%, the monthly payment increases to $840, an increase of over $200 per month. As you can see, your credit score, which is one of the major determinants of your interest rate, is extremely important when shopping for a new mortgage.

2. The amount of equity you have in your home (or its inverse - the loan to value or LTV), and the length of time you have been paying on your current mortgage will also be major considerations. In order to lower your payments, you must either obtain a loan with a lower interest rate than your current mortgage, find a mortgage with a longer repayment term, or borrow less than the original balance of your current mortgage. For example, if you have $60,000 left to pay on a $100,000 mortgage, you could cash out $40,000 in equity and keep the same monthly payment as the old loan, assuming the interest rate and loan term remain the same. However, if the balance of your new mortgage will be more than that of your old mortgage, you must either find a lower interest rate or take a loan with a longer repayment term, if you want to keep your monthly payments the same. The ways to build equity are to either pay down your mortgage over time or to build equity by your home appreciating.

3. The third big variable is your debt to income ratio, or DTI. Debt to income is taken as a measure of your ability to comfortably make payments on the mortgage with your cash flow. Most lenders look at combined DTI, so the percent of your income that goes to debt payments (including mortgage, auto loans, credit cards, etc) to make sure that you can afford the loan. Some borrowers will allow stated income loans, where income is not formally verified, although given what has happened with defaults it is less likely than ever to get approved for a high DTI stated income loan.

As I mentioned before, you need to shop around with different lenders and brokers to find the loan that best suits your needs. I encourage you to start your search by visiting the Bills.com Home Refinance Resources page at http://www.bills.com/home-refinance where you will find a wealth of information about home refinance programs. If you enter your contact information in the Bills.com Savings Center at the top of the page, we can have several pre-screened mortgage brokers contact you to discuss the options available to you.

If you cannot refi today, there is always a chance that you could build equity over time if your home appreciates or if you pay down debt.

I wish you the best of luck. I hope that the information I have provided helps you Find. Learn. Save.

Best,
Bill
http://www.bills.com/

2009-12-09 14:44:46 by SHARON