Money Beat

THEY SHOULD HAVE HAD A LOT OF MONEY. BECAUSE THEY WILL NOT GIVE US CONSUMERS WHO ARE NOT LATE ON PAYMENTS ANY BREAK ON THE 30% INTEREST THEY ARE CHARGING ! HOW ARE THEY SUPPOSED TO GET THERE MONEY WHEN THEY MAKE IT EVEN HARDER!!!!!!

They should not be given any tax money...they should go Bankrupt! Bank of America treats their costumers horrible! Good riddance!

Last week I went to my nearest "Bank of America" to get a cashiers check. I have been banking with them for over 2 years. Never have I been charged for a cahiers check from them. They told me that day that there is a charge of $8.00 and that there always had been one. When I confronted them on it, they would'nt even look at me. Just told me to have a good day.

I don't understand why people (the working people) put their money of Bank of Fraud in the first place. That goes for Crook Chase Bank as well. I mean none of these big banks are for the consumer they are for big business & the super rich. They find everyway possible to screw their customers from fees on down to ridiculous loan terms & rates. I say let em drop like a rock!

30%? For what? Credit cards? Bank of America has been good to me, I get rates at 1.99% or lower.

I guess old Bush & Paulson had to sneak that last payment in, in order to keep their deal with the devil.

This POS bank should certainly go down the tubes, they are nothing but theives. They make their due dates on Sundays, a non business day when they are not open. When you pay the next day, a real business day, they charge you $39 for "late charges". And don't deposit a check and have payments or checks due the same day, they will clear all your checks, then credit your deposit last. Thus they will charge you overdraft fees for any check or payments before the credit. They actually did this to me 6 times, charging me $39 per overdraft ($234) even though my deposit is a direct deposit and would have cleared all the checks and payments many times over. When I complain, BOA actually said..."we do this because we believe our customers wants us to clear the checks and payments first before the credits". This is a total insult of even an idiot's intelligence. I told them screw them, I'll close my account before paying them. They then agree not to charge me for the overdraft. They are obscene in practice and interest rates on their credit cards. I would rather the government give the money to people instead of these SOBs.

Where is ex treasury sec will be working? CFO or CEO at bank of America Wells faro Chase or Wall st company. He has secured his job.

Ron Paul, what do you think about this?

Just don't be late one time, they will jack that rate quicker than you can blink to 30% plus. Matter of fact they can do it for no reason at all. Meanwhile they want to "acquire" Merril Lynch, but want us to pay for it? Some pair of blue royal cojones. And the worst part is that BOA and all the others operate out of two states, South Dakota and Delaware, where they can charge whatever rates they want to all the other states, even if those rates are considered Usury (loan sharking). However, because they operate in those states, the laws of those states do not apply to them. How's that? I bet if the Mob operated like that there would be problem prosecuting them in all 50 states. But because they are a "legal" entity in those states, they can technically speaking "loan shark" in other states.

$20 Billion dollars can save a small country! Some please explain to me in plain language why these huge banks need all this capital!

Those that complain about rates and fees are those customers that write checks out before the deposit is in the bank and expect not to get charged when the check clears before the deposit. BOA does not charge fees unless it is warranted and if you don't overdraw your account and don't make late payments then you NEVER get charged these fees. There are so many critics of banks today regarding fees and rates. Perhaps it's not the banks fault at all but the customer who is not able to manage their money.

Are you reading these comments, Bank of America? Because it's pretty clear you have severe indemic problems that $20B isn't going to fix.

More and more taxpayers are beginning to think that some pain of collapse would have been preferable to bailing out the corrupt and greedy with our money.

Bank Humbug | Jan 16, 2009 12:59:41 PM.. Corporate extortion of the U.S. Government and the U.S. Government's extortion of the American taxpayer.

By pumpuing more money into the banks they are prolonging the inevitable, and making it worse. If the US government wants to fix this they should refund the people but let the banks go under, lets face it, they are only in trouble because they got greedy in the first place. If they had banked on secure financial terms they wouldn't be in this mess right now, why should the public bail them out?

http://www.imapundit.com

These are the very reasons that I am switching to my local credit union. They are making it easier to refi high interest cards as well.

And here I thought BoA was one of the few banks left standing that was in a good position from a financial standpoint.

$20 billion more goes down the tube. How is the economic mess ever going to be cleared by just throwing good money after mismanaged banks led by grossly over compensated CEOs. Is it not a crime for using government funds for a purpose other than for which it was intended to be used.

It is up to us, as American taxpayers to roster and keep even minute (mine-yoot) details of all people associated with these illegal activities, so when the next civl deconstructionist event occurs, we will have all their data, addresses and names and deal with them exclusively and accordingly. It will be the day of reckoning. And I am most certain it's not far off.

Until they explain where the first boat load of our money went, they can rot in @#*l as far as I'm concerned!

Maria your either delusional or work for BoA or both. Remember last year when BoA raised CC rates on customers who had never been late and had good credit? BoA and there employees are no better morally than a Mafia street thug loan shark. The only difference is they don’t send thugs out to break your arms if you don’t pay. I have no CC debt and changed my banking to my local credit Union. It’s nice to know there are a few honest, principled and less Greedy financial institutions left in America. I just wished BoA would change there name back to Nations Bank and leave America off of it because they give the whole American Banking institute a Black eye!

NEVER HAD A PROBLEM. THEY AND THEY HAVE ALWAYS CHARGED FOR CASHIER CHECKS MOST BANKS DUE IT LIKE A MONEY ORDER.

Those that complain about rates and fees are those customers that write checks out before the deposit is in the bank and expect not to get charged when the check clears before the deposit. BOA does not charge fees unless it is warranted and if you don't overdraw your account and don't make late payments then you NEVER get charged these fees. There are so many critics of banks today regarding fees and rates. Perhaps it's not the banks fault at all but the customer who is not able to manage their money.
Posted by: Maria
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Poor, poor Marie, Just one of the very few loan
officers of these corrupt banks, willing to justify
her existence at the bank. Your wrong on all
accounts with your accusations. BOA is trying to
cover its butt with the mismanagement dealings
and greed.

Why should we bail out a BANK that gave STUPID LOANS? This goes beyond dumb.

I've been out of work for almost a year but my wife is a teacher and has a job. I dont qualify for any assistance from the government, they say we make to much money. We cant pay out living expenses now that our savings is gone, so I'm wondering who is getting assistance other than the banks???? Something is really wrong when a general contractor and a teacher cant survive in America, How do I get some of that bailout money?????