You know, I use the Internet for a variety of tasks.  Sometimes I shop, pay bills, look at auctions, and follow the stock market online.  Were you aware that many people use the Internet for common financial tasks that they used to go visit a bank just a few years ago?  Here are some common financial tasks that are done online today.

First off, we should mention mortgages.  You can now apply for mortgages online and usually get a response instantly.  Also, you can take advantage of the fact that there are many companies that are willing to compete for your business, and you can see all the competing offers online.  It saves you time from shopping around as you can do it all in the convenience of your home.

In the same group as mortgages would be home refinancing.  You can look online to see what the interest rates are and refinance your home to get a better rate.  Basically, you have the same options as with a mortgage - there are competitors willing to present you offers to get your business.  Approval for refinancing is usually instant as well, unless you have bad credit or other blemishes on your credit history.

Lastly you can apply for a home equity loan online.  You can use this as a tax free way to get money out of you home if it has increased in value or use the money to renovate your home.  Again, there are plenty of companies competing for your business, so you could get a better rate online that you can from your traditional bank.

These are only a few of the many daily financial tasks people perform on the Internet.  As years go on, there will be more and more things that we go to the internet to do as opposed to a regular store.