Debanking on wikipedia

So with the new regime executive order declaring it essentially illegal to be unhoused, people at risk might be thinking, “how do they classify me as homeless if I am surfing between friends or family or shelters?”

One of the big answers to this is the practice of debanking. If your financial institutions catch wind that you don’t have a stable address, they will try to close your accounts and send your balance as a cashier’s check to your last legal address. At-risk people understand the many, many scenarios where even just this process could be devastating.

Some unexpected ways you can get de-banked:

  • your apartment doesn’t have a legal address

  • you lose home owner’s insurance or your coverage changes and your bank decides it doesn’t like that

  • your building’s owner defaults

  • fire

  • flood

You may be at risk and just now realizing it. If you have an MH diagnosis and you don’t have two back-up legal addresses, you are on this Ex O.

Anyway, do not get debanked. Have legal address back-up plans EVEN IF YOU TRY TO FLEE THE COUNTRY because you do not want the regime classifying you as someone they want to put in the camps.

Sorry for another US-centric post.

  • Angry_Autist (he/him)@lemmy.world
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    9 hours ago

    this entire thread is filled with drumpf apologists and sanewashers

    Congrats lemmy, you lost the war with fascism through inattention and allowed yourself to be co-opted

    EVEN THOUGH you had clear evidence from 4chan and reddit how fascism grows on online forums through deliberate discussion manipulation

    I have reported over 30 incidents of social media sliding from inauthentic accounts and all it did was get be banned for 2 days for being ‘rude’.

    You get what you fucking deserve and I’m going to enjoy watching your collapse

    • ordinarylove@lemmy.blahaj.zoneOP
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      5 hours ago

      it is pretty wild dude but I think some of the people resorting to sane washing are burned out by all the cable news / huff post / raw story kayfabe

      they see somebody pointing at a threat and instead of add that to their mental load, they’d rather shuffle it aside as panic bait or whatever

      i kinda get it

      my hope is that if their banks actually threaten them with this they remember “oh yeah, i’ve heard of this, it has something to do with my address getting challenged” and then maybe they can figure it out in time? then they don’t have to deal with getting labelled like this and losing services.