Silvergate Bank didn’t adequately monitor $1 trillion in crypto transactions, SEC says Illustration by Alex Castro / The VergeSilvergate Bank, once a cornerstone of the crypto financial world until its collapse in early 2023, defrauded its investors by lying about its anti-money laundering controls and misleading investors about how the fallout from the FTX collapse would affect it, the Securities and Exchange Commission says in a…

HELOC never closed after sale of house years ago, bank now calling in full remaining balance My parents had a HELOC open from a home they sold 9 years ago, the HELOC payment was made each month without issue, however the loan was sold to a new bank which just notified my parents the HELOC balance should have been paid in full at time of sale of previous home. The lender is now calling in the remaining balance of the HELOC (170k). My par…

Out of state bank charged off my car loan in 2019, never repossessed it. What can I do? Car is nowhere near worth what I owed on it, with my financial situation, it wouldn’t make sense for me to pay it back somehow. Debating on selling it for parts or getting it running again (it’s been sitting since 2019) thoughts or advice? Thanks submitted by /u/YoungFrisk

How can I set up a bank account for my mom? I live in a different state than my mom. My mom separated from my dad and subsequently my dad closed off their joint account. She has no bank account and when I try to send her money it’s a hassle. Is there any way to set up a bank account for a parent? I’ve tried but it’s been rather difficult because banks reject her phone number (it’s on a MV…

I broke my leg and now my bank is just as broke, what can I do? I (18M) broke my leg recently and i’m unable to work for the next couple of months. What are some ways i’ll be able to make money during this period of time? submitted by /u/uAlready_Taken

Mother got check from grandmother’s nursing facility after passing but bank wouldn’t cash it. It is made out to the estate of my grandmother C/O my mother and is from the nursing facility. The state this is taking place in is Virginia if that matters. My grandmother had no estate, no property, no will or anything of the sort so she didn’t have any executor of estate or anything of the sort. When we took it to the bank to cash it they tol…

Bank account for internationals in US Hi, I’m in US for the next 3 months. I’m an international working at the camp with children. I have J1 visa and ssn. What is the best option for me considering banking etc? Also is it possible to get a credit card in my situation? submitted by /u/SimpleLavishness2935

Older parents miss mortgage renewal, bank locks in fixed closed rate at 8.2% interest for a year. Hey guys. Title really sums it up: my parents missed their mortgage renewal with BMO and when they finally went to renew it they were informed because they missed it they were automatically locked in at a fixed closed rate at an obscene interest rate for a year, causing their mortgage payment to essentially double what it used to be. If they wan…

Do I have to use one my bank’s preferred car dealers? Seemingly straight forward question that I can’t seem to find the answer to. I was pre-approved for a car loan with my bank and they’ve shared their list of preferred car dealers. Do I have to use a dealer from this list or can I go to a different one? submitted by /u/tripdoughnut

Mom keeps getting her bank account compromised She banks with community first credit union, i thought that credit unions were safer than banks…. somehow my moms account keep getting compromised, she was having issues with fraudulent charges and had to change her card multiple times so created a new bank account with the same bank. same thing kept happening, fraudulent charges have showed u…

Bank gave me a loan and now asking me to refinance my truck somewhere else Some context I own my truck. It is an r title 2022 Ram. All finished I drive it daily. Went to the bank for a 30k loan to remodel my house. They took my title registration insurance ect. Next day had the loan in my account paid the contractor. Now 2 weeks later loan offer calls and say we cannot finance your truck you have to find somewhere else…

Why You Need a Backup Bank Your bank can close your accounts, refuse to deposit checks, or do anything else at any time. You need a Plan B.

Reality TV star Julie Chrisley (‘Chrisley Knows Best’) to be resentenced in bank fraud and tax evasion case, appeals court rules submitted by /u/indig0sixalpha

Mom used my SSN to open bank account – Question INFO: I’m 24, I don’t live at home, I don’t have access to the account, I wasn’t consulted when it was opened, I do know it is under my SSN/name/DOB Hi so basically, my mom has a bank account using my personal info. She never told me about it, I only know because I saw a bill in the mail with my name on it. It looks like it’s just a checking ac…

Bank has kept sending bills to my dead parent for 10 years after submitting info, what now? So one particular bank has been sending a bill to a deceased parent of mine for about 10 years now in July, we have submitted the death certificate and everything else they wanted when she died. The bank said they’d stop but still hasn’t. What can we do from here? We are sick of that constant reminder every month and feel like we’re just being h…

Are there any cons to linking an external bank account? My goal is to be able to transfer money more easily between bank accounts. Are there any downsides to linking an external bank account? submitted by /u/username615

Taking out a bank loan to pay off multiple debts? My fiancee and I are about $8300 in debt from various things. Some interest rates are rather high interest rates (lowest is 28%, highest is 36%). I am approved for a $9000 loan from my credit union, 48 months, $253 a month at 15.49%. I make $52,1000/yr and she makes $45,500. Take home is around $1500 for me every two weeks and $1300ish for her e…

Bank has not taken check out of my account in 2 months So basically, I sent my landlord the rent in the form of a check in May, he received it, cashed it, says he has the money and his account says we’re all good and owe him nothing. On my end, that check still has not come out of my balance. Future rent checks have cashed and shown up as withdrawn my account, but that one from May has never appeare…

LPT If you don’t want to hardwire your dashcam you can just plug it into a power bank that is always plugged in the cigarette lighter. That way you get the dashcam still on after the car is switched off and locked. Probably not as good as being hardwired. It won’t stay on overnight or more but it will still cover you for few hours. Enough for shopping trips or appointments. The positive is that it will not suck out a car battery dry and is a lot cheaper than having it installed by your mechanic. submitted by /u/DownImpulse

Td bank locked my debit card I called td bank they said something about personal information and stuff, he also told me about how i tried to make a purchase for popeyes for 41$ and i diddnt have 41$ and i think he said thats why my account got locked, any way to fix? submitted by /u/Environmental-Feed54