BANKING HIGH ALERT
BE AWARE THAT ALL THE TERMS AND CONDITIONS FOR CREDIT AND DEBIT CARDS ARE CHANGING RAPIDLY NOW!!! READ EVERY EMAIL AND NOTICE MAILED TO YOU FROM YOUR BANK WORD FOR WORD AND DO NOT SKIP ANYTHING THINKING IT IS THE USUAL BILLING OR ADVERTISING THEY SEND ALL THE TIME.
THE BANKS ARE IN FACT NOW CHANGING ALL THE TERMS AND CONDITIONS OF EVERY CREDIT AND DEBIT CARD.
THE TREASURY AND ALL THE AGENCIES OF THE US GOVERNMENT ISSUING EBT CARDS ARE AFFECTED AS WELL SO READ EACH EMAIL OR LETTER YOU RECEIVE REGARDING YOUR EBT CARD CAREFULLY WORD FOR WORD AS WELL.
IF YOU NEED TO TAKE ACTION RELATED TO YOUR CARD OR CARDS DO IT IMMEDIATELY BEFORE THE CHANGES TAKE EFFECT.
THIS ALERT IS MUCH MORE THAN CREDIT CARDS WILL BE CUT OFF OR CREDIT LIMITS SCALED BACK BASED ON CREDIT SCORE AND AI PROGRAMS. IT IS ALSO ABOUT A TOTAL CHANGE IN THE TERMS OF YOUR CREDIT CARD AGREEMENT WHICH YOU HAVE WITH YOUR BANK, AS WELL AS HOW AND WHEN THE CHANGES WILL TAKE PLACE:
HERE IS WHAT YOU WILL FIND WHEN YOU ARE NOTIFIED SO READ ALL WORDS CAREFULLY IN ANY EMAILS OR LETTERS REGARDING YOUR CREDIT CARD, EVEN YOUR MONTHLY STATEMENT MAY CONTAIN CONTRACT CHANGES SO READ EVERY WORD OF EVERY COMMUNICATION FROM YOUR BANK:
1.1.THE TERMS OF PAYMENT WILL CHANGE AT THE WILL OF THE BANK.
1.2.THE AMOUNT OF INTEREST CHARGED AS WELL AS WHEN THE INTEREST WILL BEGIN BEING CHARGED WILL CHANGE BY THE BANKS CHOICE.
1.3.THE TERMS OF YOUR CREDIT LIMIT WILL CHANGE BASED ON FACTORS THE BANK WILL CHOOSE NOT YOU.
1.4.THE BANKS ARE ALSO SENDING IN THE NOTICES THAT IF YOU DO NOT AGREE WITH THEIR CHANGES IN THE TERMS OF SERVICE AND WISH TO CANCEL YOUR CARD, THAT A FULL AND COMPLETE PAYMENT OF THE REMAINING BALANCE OF YOUR CREDIT IS DUE AND PAYABLE IMMEDIATELY.THE BANKS ARE PREPARING TO SEND NOTICES TO PEOPLE REGARDING CHANGES IN THE TERMS OF SERVICE FOR DEBIT CARDS AND ATM USE:
1.1.YOUR DAILY LIMIT OF CASH AT ATMS.
1.2.YOUR TOTAL DAILY SPENDING LIMIT IN STORES.
IN ADDITION, THE TOP 12 BANKS IN THE USA SENT NOTICES TO THE CREDIT AND DEBIT CARD PROCESSING COMPANIES, THAT AS OF MIDNIGHT DECEMBER 14, EASTERN USA TIME, THEIR SERVICES FOR PROCESSING CREDIT AND DEBIT CARDS AROUND THE COUNTRY TO MERCHANTS AND ATM MACHINES WERE NO LONGER NEEDED.
2.1.THIS NOTIFICATION BY THE 12 LARGEST BANKS IN THE USA COINCIDES WITH DEC 15TH 2023, 149 TRILLION DERIVATIVE BOND PROBLEM CENTERED IN EUROPE, BUT AFFECTS ALL LARGE BANKS AROUND THE WORLD ESPECIALLY THE BANKS IN EUROPE AND THE USA.
2.2.MAKE NO MISTAKE, THERE ARE MASSIVE BANKING CHANGES COMING TO THE USA AND NOTHING IN BANKING WILL EVER RETURN TO THE “NORMAL” YOU ARE USED TO HAVING AS SERVICE AND SUPPORT FROM YOUR BANK.
ON DECEMBER 23, 2023 THE USA BY LAW HAS TO PAY ALL INTEREST DUE ON ANY AND ALL US GOVERNMENT BONDS TO THE CREDITORS WHICH HAS BEEN OVERDUE SINCE NOVEMBER 23, 2023, OR THE US GOVERNMENT ENTERS THE FULL DEFAULT CONDITIONS DEFINED IN EACH AND EVERY GOVERNMENT BOND ISSUED BY THE US GOVERNMENT. THIS PAYMENT OR LACK OF PAYMENT WILL DIRECTLY AFFECT EVERY AMERICAN.