Comment on YSK De-banking is often how the US first declares you "homeless"
ordinarylove@lemmy.blahaj.zone 4 weeks agoI’m completely anti-crypto but that’s not the topic.
This is a warning about an angle of attack against people. I’m not advocating a product. My suggestions are to make sure you have trustworthy, legal access to multiple addresses should your housing become unstable, and to have diversified access to real banking services through both traditional banks and credit unions.
kieron115@startrek.website 4 weeks ago
I’m in the United States so I read the sections relevant to the United States. I’m just trying to find where this claim of people with a mental health diagnosis needing multiple addresses due to the new EO comes in. That would impact me personally.
ordinarylove@lemmy.blahaj.zone 4 weeks ago
It isn’t a “claim that you need multiple addresses.” Think critically about the problem. A person who has MH diagnosis or addiction diagnosis, and is also at risk of de-banking due to address instability needs to have a legal address they can prove access to. Proving you reside at an address is how you stop the process of de-banking. For people who are housing unstable, it is wise to have backup plans including two addresses.
kieron115@startrek.website 4 weeks ago
Oh I see, I was panicking a bit because I thought you were stating that it was a part of the EO and I couldn’t find any references to support it. I don’t really have a backup address since I live with my parents at the moment (dealing with said MH diagnosis). Thank you for taking the time to respond OP.
ordinarylove@lemmy.blahaj.zone 4 weeks ago
Seems like a good time to start planning out that backup address, since you’re housed and safe right now (I assume.) Hope your luck is better than mine, but much of this information I gained from the experience of resorting to backup-backup-backup plans. Good place to start is figuring out the cheapest place you could get a monthly lease in the areas you are familiar with. One of my friends just happened to have that info handy when I almost became homeless a few years ago, and being able to very quickly act on that info ended up saving me a few rough weeks.