If you would like to demand answers from your bank right now, below is a list of questions that you can ask. If you are lucky enough to receive a response, read it carefully. You will notice that your questions will probably not be answered directly. Click here for a list of contact details.

  1. Am I indebted to the bank right now? (Please answer yes or no).
  2. Please confirm that the bank actually possessed the money they claim to have lent me, prior to my loan being granted. In other words, did the bank physically have the money they lent me, prior to the money appearing in my account?
  3. Would the bank be prepared to amend the credit agreement as follows: “We, the bank, did in fact possess the money we loaned you, prior to the loan being approved.”
  4. Was the loan funded by assets belonging to the bank at the time the loan was granted? Either way, please describe in detail the accounting process used to create my loan.
  5. Did the bank record my promissory note / negotiable instrument as an asset on its books? If yes, how was my instrument used to create my loan, and where is my valuable promissory note / negotiable instrument now?
  6. Does the bank participate in a securitisation scheme whereby debts / promissory notes are bundled and then sold-on to a third party/parties via special purpose vehicles, entities or alike processes?
  7. Was my loan securitised? If so, please send me all details regarding the securitisation.
  8. Does the bank have a legal right to collect money it claims I owe it? If so, then were does this legal right come from, assuming the loan has been securitised?
  9. Has my loan with the bank been settled by a special purpose vehicle, insurance policy, or by any other party?
  10. Regarding the security given to the bank by me, has this security been sold on or given as security to another.

Source of These Questions – Please Read The Full Article.

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