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@faaresq: What your bank is hiding from you 😈🏦 #bank #saving #savingsaccount #paycheck #interest #loan #moneytok #LearnOnTikTok
faares
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Region: US
Tuesday 19 December 2023 23:25:04 GMT
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Music
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No Watermark .mp4 (
7.88MB
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No Watermark(HD) .mp4 (
55.46MB
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Watermark .mp4 (
9.2MB
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Music .mp3
Comments
SharPei Mumma 🐾 :
This isn’t a secret it’s literally how banks operate
2023-12-22 09:26:51
4909
I’m me :
This is common knowledge, nothing is hidden💀💀💀
2023-12-22 09:56:14
4753
Jguekcigifv :
Actually that’s not how it works. You don’t lend money of some other customer. The money is created through lending. 🤡
2023-12-22 10:22:05
29
Portrait Art Academy :
Small business bank has a 4% per year interest savings account. I’ve been using them for years.
2023-12-20 16:10:26
25
Lycos :
and the money you have to pay the bank to use them every month is more than the interest you get from having your money with them
2023-12-20 21:10:51
30
Zach :
Do ppl above 18 not know this
2023-12-20 08:26:11
1251
Mohammad Hamid :
By this time, everyone should know how banks work
2023-12-23 11:35:39
17
Zeigy1 :
Before he even gets that 70¢ back in interest he'd have a bunch of fees that makes it a cost to access your own money.
2023-12-23 12:52:37
9
leonkram :
Watermelon is my favourite fruit 🍉
2023-12-21 10:17:02
10
☠️☠️☠️ :
my dad once told me banks never lose
2023-12-21 11:51:58
20
PanzerE100 :
then why dont you lend it to the other guy yourself?
2023-12-22 08:43:19
59
Lems :
Don’t think the bank is earning so much, consider the operational expenses and not everyone that barrows from the bank is paying! 😂😂😂
2023-12-20 04:48:57
71
StrangeSMO :
they gotta make money somehow
2023-12-21 10:20:41
24
NONAME :
U know if we all withdraw all the money from the bank the banking system does not work anymore
2023-12-20 19:20:05
9
vigi967 :
interesting except it is not the way it works
2023-12-21 10:25:01
14
saving maisy :
i only have a account for checks.. then I turn around and take it all out and keep the cash hidden
2023-12-20 18:08:26
8
ⒶⓈⒽⓁⒺⓎ ᵕ̈ :
Also they ask so many questions when you want to pull out a larger sum. And they say they can't give out that much cash atm bc they don't have it 💀
2023-12-22 13:02:05
32
Hanley 🪳 :
Sum up everything u learn as a business major 😂
2023-12-22 17:17:15
12
Puro Mazatlan :
that's why u never keep ur money in the bank, unless ur going to pay bills then make a deposit
2023-12-20 01:41:56
398
@Sandy :
I don’t have any problem with that 🤷🏻♀️I just want to keep my money safe. I’m from Latin America, my house is not a safety place for it 😬
2023-12-21 20:50:04
10
lukii_293 :
I mean they gotta earn money someway
2023-12-22 09:53:14
13
Madjo Kesson :
You lend to the bank at a lower rate because the random dude who needs a loan might not pay you back. Bank takes on risk bro
2023-12-22 05:34:41
47
Mr Kobby Biney :
Ghana has 30% interest on loans. Sad
2023-12-20 10:01:08
104
Big Lemon 3 :
it is even worse..they deposit the 1000 and can lend 10K imaginary money
2023-12-20 19:35:12
63
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