Bank of America Greedy Ungrateful Credit Card Abuse

Bank of America's recent move to raise the interest rate on the credit card accounts of their good customers is not only unfair but doesn't make economic sense. Our elected officials need to take a close look at how this company is treating American taxpayers, and keep this in mind when BOA asks for more bailout funds. I say no more money for them until the bank exhibits some consideration for their clients; rather than assisting BOA customers in this difficult economy the bank is again being greedy and showing that they are not grateful for the government sponsored bailout that they received.

Category:

News & Politics

Tags:

• Bank of America
• Ungrateful
• Bad
• Economy
• Government
• Bailout
• Credit Card
• Debt
• Deregulation
• Finance
• Tarp Funds
• Stimulus
• Foreclosure
• Toxic Mortgages
• Kenneth Lewis
• atm
• bad bank
• BOA
• Mortgage Crisis

[crystals777]

Thank you for this comment, I was yesterday able to send BOA full payment of my remaining credit card bill and have cut up their credit card -- nevermore to be used. Per their opt-out agreement my account will now be cancelled.

I can guarantee with certainty that their mindless automated systems will at some point send me a future offer to enroll for a new BOA credit card.

The credit card companies will act ethically only when enough citizens join together and say "NO."

[crystals777]

Thank you for these comments, FYI I rejected the proposed interest rate increase and will be able to pay off my balance at its' current rate as long as I don't use their credit card.

BOA marketing dept is clueless and must think that their good customers are idiots -- they had the nerve to recently send me a balance transfer offer with a teaser interest rate. Two weeks later they mailed me an offer to refinance my current mortage with BOA.

They need to watch my video.

[blackmetalbozeman666]

don't get a credit card then you win

[maxten]

two words : "Elizabeth Warren"

[Jayjen35]

Finally they tell him that he doesn't owe anything other than his normal payment. They don't know where the Indian office got that extra money other than fees that are charged when first getting the loan that are usually either dropped or intergrated into the loan payments. But THEY saw no such fees at all owing for my father. AND that loans are handled in AMERICA not India, so what the hell are these people constantly calling here for??

And of course just now I answered yet another call...

[Jayjen35]

does talk to them they tell him he owes $600 dollars more than his normal payment! He asks where the $600 came from...

THEY DON'T KNOW.. what does it say in their records about it?...

NOTHING OTHER THAN HE OWES $600 MORE.... is there anyone there that can tell him anything about this...

NO..

So transfer...transfer...transfer until he gets someone in the U.S. offices loan offices. They look through their records, no $600, others look, nothing, the supervisor looks, STILL NOTHING...

[Jayjen35]

I'm wondering if anyone else is going through things with BoA. My dad pays his mortage on time every month, but still they have workers from India call our house at least once every two hours during the day about his loan payment. Of course he is at WORK, but they continue to call every one to two hours, from India, during the WORK DAY! And yes some days they do call EVERY SINGLE HOUR FOR 4-6 HOURS!!

What the hell is going on with these people?? Is this NORMAL?

And of course when he.

[wright4ULG]

I have posted this youtube at piggybankblog com which has been built for all those who have been abused by Bank of Destroying America's potentially illegal, fraudulent and simply abusive loan modification process. My name is John Wright and I AM FIGHTING BACK!

[Lilpoohbeargirl04]

IT IS NOT JUST BANK OF AMERICA DOING THIS ITS ALL THE CREDIT CARD COMPANIES!!! I AM 23 TRYING TO FINISH SCHOOL I HAVE NEVA MISSED A PAYMENT OR EVEN WENT OVA THE LIMIT. THEY HAVE RAISED MY INTEREST TO 26%, WHEN I STARTED OUT WITH 5-9%. THAT IS NOT RIGHT FAIR. I AM STRUGGLING AND SO IS MY MAMA TO TRY TO HELP ME PAY MY BIILS BECAUSE THEY WANT TO RAISE THE INTEREST RATE FOR NO REASON AT ALL. i HAVE A DAUGHTER THAT IM TRYING TO SUPPORT BUT ITS HARD CAUSE IM TRING TO KEEP MY GOOD CREDIT