When you needed $6K worth of stuff? Apparently, not you. You can thank the bank later.
A better “Debtor’s Revolt” is to pay it off, and do “Plastic Surgery” a la Dave Ramsey!
Huh. A few years ago Wells Fargo raised our rate, I just called them and said lower it or I am going some where else. They did.
But now I don’t carry a balance, it doesn’t matter.
I agree with her. Credit cards companies are downright criminal in their acts.
>> Minch said middle-class America is fed up.
Well, I’m a member of middle-class America, and I can assure you that I’m fed up... with profligate spendthrifts like Minch.
Parasites tick me off.
Screw you bank apoligist. Tell me why they have the right to do that to her? Hmmmm.
I have a feeling that the next time she tries to use her BofA card.....”DENIED!”.
Ya think?
I have a mortgage with BOA. (I know! But they haven’t messed with me for some reason...)
After 0bama started dissin’ the banks and Wall Street, every month I’d put this statement in the ‘Memo’ area on my checks:
“My President says you’re a Predatory Lender, so you can Kiss My @ss!”
LOL! I’m hoping the minimum wage, illegal, Accounts Receivable clerk got a chuckle out of it!
Ummm... they sent you a statement. Did you expect a hand written registered letter?
They raised my rate too and I have a high credit score. I just did a balance transfer to 0 percent and escaped.
Enjoy wage garnishment
Right idea, wrong application of it.
Better idead would be for people to do this around April 15th to Uncle Stalin. Like, millions and millions of people. Taxpayer revolt. If the Congress won’t stop spending money like water, bailing everything under the sun out with our money, raise our taxes, and raise the debt ceiling whenever they want, then give themselves pay raises for f@cking this all up (Barney, Pelosi, Reid, O-hole), let’s stop sending in taxes, take tons of deductions, and start buying things on craigslist and going back to doing some good old fashioned bartering and private sales.
Yes, you’re given the chance to pay off the balance at the old rate; that is, if you pay it off in full!
I’d like to see all the wonderful stuff she bought for $6K plus interest.
They also lend money to illegals. BoA can go to hell.
You signed for it, you own it, you charge on it and you pay it. Banks are not welfare organizations. What you’re doing is making the banks raise rates to us to cover your debt. You are one irresponsible person. Bet she’s a liberal/Rat .... the other thing that makes me mad is those commercials that tell you they’ll negotiate your CC debt to a lower amount. Right - that’ll be on your credit report for seven years.
....a married couple we know has credit card debt of $45,000 and not much to show for it....vacations in Costa Rica, eating out in upscale restaurants, private school for their son ect ect....so they go to the credit doctor and he tells them “well, one strategy is just don’t pay”....I couldn’t believe it!....a so called credit coulselor saying something like that.
Usury is a sin. There should be predatory lending laws that cap credit card rates.
Sorry, but no. The bank jacked her rate up. It was tied to Prime. Same thing happened to me. My interest rate is now fixed at 4%. What BofA is doing is horsesh*t.They received a bunch of tax payer money, then arbitrarily jacked up people rates.