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hello people, i have only just arrived on the net and just trying to find info on something i heard about sometime ago on the radio,...an internet banking community where the subscribers form the bank and you build up good credit by good credit history with them ? peoples banking online ? any clues, thanks ruffus

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What you are talking about are Credit Unions, they are locally arranged facilities where people pay in money BEFORE they can start borrowing, I don't know about any internet facility for these unless each individual credit union has that facility to help payments.

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http://www.abcul.org/page/index.cfm

 

Some credit unions are now operating like banks where they provide credit facilities such credit cards and chequebooks.


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