Bank of America Extended Overdrawn Balance Charge FINANCIAL RAPISTS & PILLAGERS, Internet

'Google' this- BANK OF AMERICA COMPLAINTS SECRET LIFE INSURANCE POLICIES, and read the article that's available on the web regarding 'secret life insurance policies' that Bank of America apparently has on its employees.

TOP executives of most corporations, like Bank of America, have 'Black American Express Cards'?

SPOUSE RECEIVES A LARGE CHECK IN THE MAIL, because Bank of America had a 'secret life insurance policy' on your life, make sure to tell your spouse that the check was probably mailed to your address by mistake, and it should be sent to Bank of America's corporate offices, okay?

There is nothing secret about a company having term life insurance policies on key employees to help the company defry the costs of replacing and retraining key employees should something unexpectedly happen to the employee.

Hell, when I had my small company in Germany (1992) I had such policies on 2 of my employees.  It takes MONEY to suddenly replace a skilled and valuable employee when something unexpected occurs.  Further Karl, it isn't just in case of DEATH, you imbecile, it's also in case of suddenly severe injury or sickness whereas the employee is going to be off the job for an extended period of time.

Companies have been doing this for DECADES, you twit.

Why ROR continues to allow your drivel is beyond me.

'Google' this- BANK EXECUTIVES PROFITING ON THE DEATH OF EMPLOYEES, and read the entire article, you will see that Bank of America, Wells Fargo, & Chase, have a combined $45 BILLION in 'SECRET LIFE INSURANCE POLICIES' on their employees, correct? ($17 Billion + $17 Billion + $11 Billion = $45 BILLION, right?)

First of all, to the OP, If an account holder has low balances and overdraws their account frequently it means that the account holder is probably poor, probably has bad credit, and is unlikely to ever be a profitable customer of the bank - ie one who will take out a large loan (and actually pay it back with interest).  That means that the low profit customer is using BoA services (writing checks, using the ATM, bugging tellers, etc) All of these services cost BoA money to provide.  (If the person has a large acct balance they are a profitable customer because they are loaning the bank money at a low rate and the bank loans it out at a higher rate - but if you have an avg balance of $23.97 in your free checking account you are costing the bank money.  Contrary to what you may like to believe, BoA (and particularly the shareholders of BoA) are not there to provide you services at a loss.  BoA is not your local welfare agency.  The bank WILL provide you services at a loss - but that means that if you screw up and overdraft your account you give them the right to collect fees.  To avoid these fees learn to manage your account properly - because face the fact - you are not a prime customer - the only reason that they provide you services at all is because they MAY get some fee income if you OD your account.  Don't like it - go to a private bank with your $23 and 600 credit score and try to open an account.  They will turn you away if you don't meet a minimum like $10,000.  Why?  Because we don't want to be bothered with providing services to people who are not profitable - so we just don't.  A bank is a business - it is not there to provide you services for free.  If you want to beat BoA then keep using their services and don't OD your account - you will hit their bottom line every month.  Take your $23.00 and go elsewhere - they couldn't care less.

 

And this "urgent Alert" guy proves that even the most severely retarded people can learn to use a computer.

Coors Field in Denver has just over 50,400 seats. I called up the offices at Coors Field and spoke to a nice woman who said that Coors Field has 50,459 seats. So, if Coors Field had 45,000 people at a game and each person had a $1 Million life insurance policy on their life, that would equal $45 BILLION.

If 28,125 baseball fans attended a game at Coors Field, and each fan had a $1,600,000.00 'secret life insurance policy' on his or her life, that would equate to a total of $45 BILLION in 'secret life insurance policies', correct? 

and each one had a $1.7 Million 'secret life insurance policy' on his or her life, the total amount that would be paid by the insurance company, after the "death sweeps" were performed, would be $17 BILLION, right?

Is that why you guys work the books around to make the larger checks go through first and then process the lesser checks last so you can rack up more OD fees? How about this scenario: some people have a hard time in life because of greedy corporate scumbags like you who do everything they can to work the system and fuck the working poor. You get rich by fucking people, and then blame those poor people you fuck, saying it's their fault. Why? Because they weren't lucky enough to have rich parents who paid for everything they wanted. When so few have so much, it doesn't get spread around much, now does it? You corporate fucks are assholes and will feel the blades on your necks one day. It's only a matter of time until the poor in this country get tired of being fucked by you smug cock suckers. Have a nice day.

But they didn't do anything to you until you overdrew your account. Don't do that. 

There are many posts here describing how to keep from doing that but from your very adult reponse, you have no intentions of trying. You'l just keep doing it and complaining.

There is never an excuse to overdraw your bank account. Its simple to get it in check all you gotta do is only spend what you have and not one penny more. It does not matter what order the transactions come in. It still adds up to the same unless you are spending the banks money. Check out this example.

3+2+4+1=10

1+4+2+3=10

4+3+1+2=10

See it does not matter what the order is. All you have to do is be able to add and subtract. its second grade math.

 

One more thing, karl you are a pompous ass. We are tired of you "everythings a controversy" tirades. Do us all a favor and go pound sand.

 

Excellent post@!!!!!

I was charged overdraft fees in excess of over $700 but not because I did not keep an accurate account. It was because they mailed me back a check deposit I had made from my IRS refund of over $2K. They told me it was because my husband was not on my account so they wanted to prevent any "fraudulent activity or avoid a lawsuit later on" just in case my husband and I split or something I guess? Anyways, my husband and I DO have a joint account and I also have a single account but this wasn't the first time I had deposited a check in both our names into my single account (which I had no problems doing this beforehand might I add). Anyways, I tried going through their customer service by phone and got no where. I finally just called the branch where I made the deposit and spoke with the assistant branch manager. First she agreed to refund all the fees. So both my husband and I went in person and spoke with her and the main branch manager. Then they recanted and were only going to refund about $210 which wouldn't be enough since I had made some bill payments and weren't going to be covered since I still had excess overdraft fees. In the meantime while all of this has been going on, I had filed a complaint with the BBB against BofA headquarters in NC since that's where they're located. Finally the branch manager agreed to refund over $500 in OD fees which was fine with me. At least it was most of it. So we got that all squared away and I made my deposit. A few days later I received a call from BofA Executive Customer Relations in CA and the lady was very apologetic for the ordeal that I had went through. She refunded me and additional $210 which I was very pleased about. I was planning to go elsewhere for my banking but after this I decided to stay with BofA. Hey, they make billions and trillions of dollars each day, I don't think refunding over $700 in OD fees would hurt them any! Even though it may seem like the world is going to end (at least that's what it felt like to me when I saw all those fees) you have to keep going up the ladder until you get a response. BofA does NOT want any bad PR (well no more than what they've had already). 

contacted several people and even contacted the BBB, correct? I believe that Pianoman's Update was posted in response to Betty's Ripoff Report in late 2007.

I honestly want to know why people have to google everything. Havent you ever noticed half the time the internet is not valid. Whats the deal here in saying GOOGLE THIS. well good lord, google "bears" see how many results you get with that. I swear there is always SOMEONE unhappy with SOMETHING. as far as the whole scam and ripoff thing goes, I'm sorry you did an overdraft.

Also, If your unhappy with Bank Of America. Leave. For example, you go to a resturant, their prices are high. You complain everytime. LEAVE. Its really not that hard. Its not like Bank of America is pleading you to stay.

'Google' this- FRONTLINE: THE CARD GAME, and watch that Frontline documentary on the web. It's about credit cards & debit cards and how the banks are making BILLIONS of dollars in profits from interest rates and overdraft fees that are assessed to customers, okay?