Break Free: 5 ways the bank ties you down

Break Free: 5 ways the bank ties you down

Have you ever had someone at your local bank branch offer you life insurance?  Did they ever offer you a line of credit out of the blue?  Undoubtedly, at some point they have asked you about your mortgage… Banks have evolved over the years to include all kinds of products to offer a 360 degree customers.  In most recent years, the way that they approach lending products has changed dramatically.  David Chilton, author of the Wealthy Barber puts it best when he says – “Banks have switched from being debt providers, to being DEBT PUSHERS! “ The big 5 banks in Canada are making record profits as a result of this change as well as another trend that you may not have noticed. People want...

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