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What did people do before banks appear?

Updated: 8/17/2019
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15y ago

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Mattress.

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Q: What did people do before banks appear?
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What did people do before there were banks?

Before banks people put their money in safes


How did people save their money before they had banks?

Under their mattresses, in their wallets etc.


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Why are major banks requesting credit forms to be filled out before applying for loans?

Banks will only lend money to people with good credit. All banks and lenders require credit information. They will then check with the credit services and find out if you've paid back people who lent you money in the past.


Why do people use banks?

People use banks to keep their money safe. No one can take their money. Before banks were available, anyone could come into your home and take your money. Also banks will insure your money up to $200,000. Plus banks allow you to pay bills by check. Many companies will only take a check for a payment. There are many other benefits to using a bank account.


What tyra banks the first black model?

Tyra Banks was the first black model to appear on the cover of the Sports Illustrated Swimsuit Edition.


Was Africa the first continent that people appeared on?

That is correct. The fossil record shows that human fossils appear in Africa long before they appear anywhere else.


What is it called when people appear before a committee to provide more information related to a bill?

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Why were there runs on US banks in 1933?

People feared they would lose their money, so they took it out of banks they believed were about to fail.


Are district cooperative banks government banks or private banks?

That would depend on where you live but cooperative banks are normally private banks owned by the people (but not the government).