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this post was submitted on 02 Jun 2024
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Damn dude. You really have no clue. You lend the bank your money. They can use that money to lend to others. They give you some of the profit.
If you deposited money in a bank, and they told you it’s now their money and you own nothing, then you didn’t deposit money in a bank.
You are clearly leaving out important details. Banks can’t just take your money.
The fact that it seems to have happened multiple times to you is extremely suspicious.
Again, I believe you are leaving out key details. They didn’t just take your money.
My assumption is that you didn’t understand how banking fees work and overdrafted your account or something. Perhaps got a credit card and only made minimum payments, which essentially just covers the interest.