WHAT ARE EQUITY BANK ACCOUNTS? WHY DO VENDORS FROM FOREIGN NATIONS WANT US PATRONS TO HAVE ONE?

I was in the routine of appropriation the loan from the debt association in the UK, due to not being means to get the single here in the US. The association representative which we am analogous with has requested we request for an equity bank account. we am not transparent as to because we should request for an equity account. Could any one with the plain as well as correct monetary background, discuss it me because the representative would ask for this sort of comment as against to the normal promissory note account? Is it value my time to even ensue with this loan process?

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1 comment so far ↓

#1 Gem on 11.15.09 at 10:01 pm

How do you know that this mortgage company is a real company?

I have never heard of foreign banks lending money to Americans for mortgages.

If I were you I would be very afraid that you just released your personal info to a scam artist, how did you find this company?

And I have no idea why they want a equity account, I’m not even sure what that is. Ask your broker.