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They are usually not allowed to. There are confidentiality clauses in most bank loans, and generally, information about your financial status may not be revealed to other family members or journalists or nosy neighbors (or whoever) without your permission. If you sign a waiver, you could give another person, like a spouse, permission to know about the loan; and if the spouse or family member is a co-signer, they would of course know about it. But strangers or people to whom you did not give permission would usually not be given any of your confidential information.
However, it should be noted that banks do report to credit bureaus, and if you are delinquent in your payments, that information would become part of your credit history; other agencies could access it to learn more about you when you apply for credit at some future time.
What else can I help you with?
Can a bank reopen a closed account without your permission?
No, a bank cannot reopen a closed account without your permission.
Can an employer legally withdraw money from your bank account without your permission?
No, an employer cannot legally withdraw money from your bank account without your permission.
Can a bank close your account without your permission?
Yes, a bank can close your account without your permission under certain circumstances, such as if you violate the bank's terms and conditions, engage in fraudulent activities, or pose a risk to the bank's security.
Can a wife take money out of her husband's bank account without his permission?
Legally, in most cases, yes. Ethically, no, not without permission.
Can a bank legally take money from your account without your permission?
In certain situations, such as outstanding debts or fees, a bank may have the legal right to withdraw money from your account without your explicit permission.
Can a bank reopen a closed account without your permission?
No, a bank cannot reopen a closed account without your permission.
Can an employer legally withdraw money from your bank account without your permission?
No, an employer cannot legally withdraw money from your bank account without your permission.
Can a bank close your account without your permission?
Yes, a bank can close your account without your permission under certain circumstances, such as if you violate the bank's terms and conditions, engage in fraudulent activities, or pose a risk to the bank's security.
Can a wife take money out of her husband's bank account without his permission?
Legally, in most cases, yes. Ethically, no, not without permission.
Can a bank legally take money from your account without your permission?
In certain situations, such as outstanding debts or fees, a bank may have the legal right to withdraw money from your account without your explicit permission.
Can bank employees access my account without permission?
No, bank employees cannot access your account without permission. Unauthorized access to a customer's account is a violation of privacy laws and banking regulations.
Is it illegal for a bank to reopen a customer's account without permission?
Yes
Are you allowed to take seeds from a seed bank?
Not without special permission.
Can your mum access your bank statements without your permission?
Yes, if you are a minor.
Have you experienced an unauthorized withdrawal from your bank account?
Yes, have you had money taken out of your bank account without your permission?
Can your parents legally withdraw money from your bank account without your permission?
No, in most cases, parents cannot legally withdraw money from their child's bank account without permission once the child turns 18.
Can you open a bank account at 17 without parent permission in Michigan?
No its 18
