Bullet points of “Alternative Banking” Can Evaporate Your Life Savings
Bullet points of “Alternative Banking” Can Evaporate Your Life Savings
- The app offered high returns on savings accounts, offered direct deposit for paychecks, doled out retailer gift cards as bonuses.
- The app implied user funds were federally insured, just like any legitimate bank account.
- Nearly eighteen months after he opened the account, Buckler has lost all access to the $38,000 he has stored there.
See more:
https://api-test.summary.news/api/public/publications/8aa9790e-9d59-4183-9532-f3a4fcccb9aa
- The app offered high returns on savings accounts, offered direct deposit for paychecks, doled out retailer gift cards as bonuses.
- The app implied user funds were federally insured, just like any legitimate bank account.
- Nearly eighteen months after he opened the account, Buckler has lost all access to the $38,000 he has stored there.
See more:
https://api-test.summary.news/api/public/publications/8aa9790e-9d59-4183-9532-f3a4fcccb9aa