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.

  • Ptsf@lemmy.world
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    2 days ago

    To be honest, this shift in our politics has been brutally quick and more federally far reaching than anything that happened while I was growing up. People used to be able to just exist. Camp in parks, sleep on benches, etc. This authoritarianism is… Somewhat new.

    • 418_im_a_teapot@sh.itjust.works
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      2 days ago

      It started in earnest under Regan. It’s just been difficult to see where all those changes would lead until all at once it smacked us in the face.

    • prole@lemmy.blahaj.zone
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      2 days ago

      It’s only been quick if you just started paying attention. This is the end result of decades of work by the GOP.

      • nomy@lemmy.zip
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        1 day ago

        Legitimately 70 years, their fight started just after FDRs New Deal. The entire modern Republican party exists to work towards this. They want a return to the guided age with themselves as the robber barons and everyone else as a permanently toiling underclass.

    • Alcoholicorn@mander.xyz
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      2 days ago

      I mean tresspass laws designed to prevent newly freed black people from “just existing” go back to 1865.

      • mic_check_one_two@lemmy.dbzer0.com
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        2 days ago

        Yeah, I was going to say something similar. The “it’s now illegal to [x] while black” memes are because the BIPOC community has known this for a long time now. Standing while black, walking while black, jogging while black, eating while black, listening to music while black, sleeping while black, etc… All of these are things that people have been attacked by cops for doing, for literal generations.

        It’s not new; it’s just more visible. And it has finally become so overt that non-BIPOC people have started to feel the same pressure that BIPOC people have dealt with since the country was founded.

          • nomy@lemmy.zip
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            17 hours ago

            The second biggest was letting a bunch of traitors go home with their heads held high to establish a mythos about some imagined noble heritage. Officers should’ve been hanged/shot, lands should’ve been confiscated and given to newly freed peoples, “40 acres and a mule.”