If you wanted a loan, you went to see the Bank Manager, who knew your name and give you a yes or no after listening to your proposion. He made the decision ! not some “Algo”
[Edit - Bank accounts were free ! You got paid INterest on Savings AND they charged you a reasonable rate of interest ! ]
Not really, you picked up the phone ! (Spreads were wider though and you had to have enough money in the account (or in your property) - to make it worth their while) - No “Demo accounts” of course - but you could “Paper trade”
Been thinking about this (Good question)
Going on holiday and want a lift to the airport ? - In the old days you would mention it in the “Pub” (Social meeting place for those in the locality) and someone would say “Give us a few quid plus petrol - I’ll do it” - Nowadays, There IS no-one to ask because there are no “Pubs” ) - Mention it on “Social media” - they’ll rob your house while you’re away !
Nowadays - “Get a Taxi” - they all know each others prices and YOU are stuck with it !
Need a leaky tap fixed ? - Used to Ask in the pub for local tradesman - or “Yellow pages” or “Local Newspaper Ads” nowadays you have only some paid for site like “Checkatrade” dot com.
Something to sell ? used to be Free papers like “Friday ads”, and multiple alternatives - remember “Exchange and Mart” ? Advertise item with your price, take the phonecalls, somebody comes round, buys it, pays you.
Nowadays “Ebay wants 10% + 35P” They push Paypal (another 5%) you post the kit, then the buyer makes a claim and Ebay or Paypal - Refund them your money and charge it to YOUR account !
Want a job ? Advertise your service in local paper or browse the “Vacancies” in the back of the paper, Go to jobcentre - speak to someone and browse the notice boards for anything suitable. Nowadays - “Register with one of multiple jobsites” - You have to say exactly WHAT you do and submit CV - Multiple Agencies contact you and eventually they pass you on to an “Employer” and charge them for the priviledge of being the middle-man !
Don’t know who your neighbours are ? Used to ask in the Pub - and sometimes they’d even be in there and you could have a few drinks and get to know each other - else somebody would tell you.
Nowadays - who knows or cares ?