A_System_Error
09-24-2008, 12:12 PM
You could make a mint by leveraging the information of the users, ie. "share of wallet", to finanacial institutions.
If someone primarily banks at BOA (defined by having a checking & savings with direct deposit), but has loans at other institutions - BOA would have a HUGE interest "offering" loan refinancing - if it would save money for the user, of course ;) -to grab that "share of wallet."
Hope that's clear enough.
Cheers
If someone primarily banks at BOA (defined by having a checking & savings with direct deposit), but has loans at other institutions - BOA would have a HUGE interest "offering" loan refinancing - if it would save money for the user, of course ;) -to grab that "share of wallet."
Hope that's clear enough.
Cheers