Comments | the_recession: Debtor's Revolt: Woman Refuses To Pay Off Bank Of America Credit Card

nebris in the_recession

Debtor's Revolt: Woman Refuses To Pay Off Bank Of America Credit Card

Sep 16, 2009 09:38

For years, Ann Minch of Red Bluff, Calif., has carried a balance of several thousand dollars on her Bank of America credit card, making minimum monthly payments of about $130, sometimes paying an extra $50 or $100. She says she's never missed a payment ( Read more... )

bank of america, civil unrest, 'capitalism'

Comments 9

volksjager September 16 2009, 17:35:33 UTC

FTW ! Fight the power.

cieldumort September 16 2009, 19:43:27 UTC

lol @ "Ken Lay"

appropriate Sigmund Fraud is appropriate

(The comment has been removed)

kayjayuu September 16 2009, 21:48:32 UTC

Carried by HuffPo, posted by the OP, comments on the article are overwhelmingly supportive, a quote by USPIRG -- not a conservative-oriented action.

Where are all these people who are allegedly dragging their scrotums over people's faces? I don't understand the use of the term....

roadriverrail September 21 2009, 20:23:39 UTC

It started, in this round anyway, with popular protests to the stimulus package and bank bailouts. In reference to the Boston Tea Party, a bunch of people mailed single-serving bags of tea to government officials. Throwing them at the White House or Capitol is common. Some people nail them to their protest signs.

It only took one person referring to the act of using a tea bag in protest as "teabagging," clearly without understanding alternate connotations, for the term to come into use in weird ways. Opponents of the protests have had a field day with the term.

slow_hand76 September 16 2009, 21:49:23 UTC

just another example of the corporate swine sticking it to the working people of this country. I hope she gets some traction with this.

star_tigress September 17 2009, 00:07:43 UTC

I think paying it all off is more effective than just not paying.

They can do all what they want to do to me as long as they don't charge my (paid-off) cards.

The day that comes when the companies start charging me to USE their credit cards is when I close the accounts and refuse to pay the fees.

star_tigress September 17 2009, 00:08:32 UTC

I don't have the edit button but I just realized I should have edited the sentence:

I think paying it all off is more effective than just not paying.

Should be:
I think stopping using the cards & paying it all off is more effective than just not paying.

(The comment has been removed)

star_tigress September 18 2009, 03:58:17 UTC

Agree. We're not going to use credit now because of how shaky banks seems to be. I would much rather build up equity in our savings than credit.

franklanguage September 17 2009, 01:18:05 UTC

The irony here is that I was a $hitibank customer for 20 years (had a 7-digit account number, which shows how long I was with them) and in protest of their using my funds to log the rainforests, I took out a loan and paid off my bounce-protection debt to them so I could close the account.

The loan was from Fleet Bank, and I ended up opening an account there; well, Fleet was one of the small banks Bank of America swallowed up when it spread east. So I now have a BoA account; they haven't yet done anything rotten to me, and I only hear of the exorbitant ATM fees they charge customers from other banks.

I don't have a credit card, and no matter what other stupid things I've done with my banking, I've never had a credit card-even though I've been offered all sorts of double-platinum cards, by my own bank too-I never took the bait. I call it the one sensible thing I've done with my life.