Scott Bartle: CONfinance & the Corporations Act of 2001
September 17, 2013
This video is perfect for anyone who wants a better understanding of all the various ways banks "provide funds." This proves that it doesn't have to be through "lending money." This video was produced in Australia, but I'm fairly certain all the same fundamentals apply for the Corporations Act of 2001 for the U.S. Scott lays down a great opportunity for going your bank to have a discussion with the manager, to test their knowledge of their own banking practices. Nice work Scott! ~BK
Brilliant!
ReplyDeleteSo clear and full of useful pointers that those of us who are challenging our credit card alleged debts can use...
Also wanted to add that I'm a Brit and confirm that the principles apply to UK banking practices too but I'm not sure what our equivalent of the Corporation Act would be.
alison