My bank manager appears honest and helpful – can I trust him for business advice?
A. Your question needs to be turned around. Why shouldn’t he appear honest and helpful. Their job is to obtain your business. Hopefully, the bank will also be competitive in the banking products they offer. As for trust in their business advice, that’s a completely different issue. Banks seek loyalty from their employees and train them well to look after the bank’s best interest. That means any interest in your business has to be second to that of the bank, in any business dealings. So our answer to your question: can I trust him for business advice? – is – no business should be seeking business advice from a bank and should also be comparing products the bank is offering against other providers.Q. I have a past mortgage problem and I am now being chased by debt collectors for what they say is a mortgage shortfall debt claim – What is a mortgage shortfall debt or a mortgage shortfall debt claim?A. These issues are dealt with more fully on our website at resolution of mortgage shortfall
