Checking/ Savings With Lending Bank - Loan Modification Forum

scmsurf · 08-25-2009, 08:43 PM

I currently have a checking and a savings account with Chase (originally Wamu). I also have a mortgage with Chase Home Finance that I stopped paying on 5 months ago.

Should I move my accounts to another Bank?

Any info is greatly appreciated.

snapple candy · 08-25-2009, 10:06 PM

If it was me, I would move them. Your money and your privacy is not safe in my opinion. Especially if you ever did an auto-debit from your accounts to Chase/WAMU. It appears if you have been given them permission before to take funds out of your accounts, they can go in again and take funds without your authorization. Not worth the risk and/or better to be safe than sorry cuz once its gone, its gone.

amiesheikh · 09-04-2009, 09:54 AM

I agree. Take all your money out of that bank.

08-25-2009, 08:43 PM	#1 (permalink)
scmsurf Junior Member Join Date: Dec 2008 Posts: 4 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Checking/ Savings With Lending Bank I currently have a checking and a savings account with Chase (originally Wamu). I also have a mortgage with Chase Home Finance that I stopped paying on 5 months ago. Should I move my accounts to another Bank? Any info is greatly appreciated.

08-25-2009, 10:06 PM	#2 (permalink)
snapple candy Senior Member Join Date: Feb 2009 Posts: 1,300 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Checking/ Savings With Lending Bank If it was me, I would move them. Your money and your privacy is not safe in my opinion. Especially if you ever did an auto-debit from your accounts to Chase/WAMU. It appears if you have been given them permission before to take funds out of your accounts, they can go in again and take funds without your authorization. Not worth the risk and/or better to be safe than sorry cuz once its gone, its gone.

09-04-2009, 09:54 AM	#3 (permalink)
amiesheikh Member Join Date: Jul 2009 Location: Northern VA Posts: 22 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Checking/ Savings With Lending Bank I agree. Take all your money out of that bank.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode