- Report: #505328
Report - Rebuttal - Arbitrate
Complaint Review: Bank of America
Bank of Americanancy.firstname.lastname@example.org Charlotte, North Carolina United States of America
Bank of America - BAC Bad. worst. poor. complaints. violations. scam, rip off, steal, take, gouge, monopoly Charlotte, North Carolina
*Consumer Comment: DOOMSDAY BUNKER POEM
*Consumer Comment: RONNY G, I ALSO HOPE THAT I'M WRONG REGARDING THE NUCLEAR ATTACKS....
*Consumer Comment: Something to consider...
*Consumer Comment: The Logic is Still Flawed Robert
*Consumer Comment: Conficting..Not..
*Consumer Comment: BofA's Conflicting Ripoff Logic
*Consumer Comment: Karl...
*Consumer Comment: RONNY G, I'LL BET I'M THE ONLY ONE ON THE PLANET THAT BELIEVES....
*Consumer Comment: Karl...
*Consumer Comment: Ronny G, I believe you stated that you....
*Consumer Comment: RONNY G, THERE HAS NEVER BEEN A 'RECESSION' WHERE THE MASSES OF PEOPLE IN THE USA WERE....
*Consumer Comment: Charles..you make some good points...
*Consumer Comment: Lipps46, If you take a long, hard, look at what transpired since July of 2007 you'll be able to....
*Consumer Comment: FORECLOSURE ALERT!!! Anyone can 'Google' this- FORECLOSURES: 'WORST THREE MONTHS OF ALL TIME', and read the....
*Author of original report: continued information
*Consumer Comment: Its not has bad like the 20th century recession
*Consumer Comment: Ronny G, Did you watch "OBAMA'S WAR" last night on the PBS station? It seems as thogh Afghanistan's government is a lot like ours, right? Both governments are CORRUPT, in...
*Consumer Comment: Welocome aboard Jeth
*Consumer Comment: Flynrider..I know you can be extra stubborn..so...
*Consumer Suggestion: contrast
*Consumer Comment: Flynrider..you are a bank DEFENDER..full blown..
*Consumer Comment: Common sense defender.
*Consumer Comment: Just a few samples..anyone can "google" this...
*Consumer Comment: You see Robert..a bank defender strikes...
*Consumer Comment: This is a bit much.
*Consumer Comment: Reply to Robert....and Karl..
*Consumer Comment: With this I agree...
*Consumer Comment: RONNY G, A PROFESSOR AT THE HARVARD BUSINESS SCHOOL SAID TO HIS CLASS OF EXECUTIVES THAT-
*Consumer Comment: Just wanted to add...
*Consumer Comment: Yes Karl I "binged"
*Consumer Comment: Ronny G, Did you 'Bing' this- DR MANDELSTAMM OF KIEFF, and click on 'Controversy of Zion' and read the passage entitled-
*Consumer Comment: robert..I forgot to mention the "consolidation" loan..
*Consumer Comment: Response for Robert..
*Consumer Comment: Defender?
*Consumer Comment: Anyone can 'Google' this- COUNTRYWIDE WHISTLEBLOWER REPORTS LIAR LOANS, and watch...
*Consumer Comment: Robert the "BANK DEFENDER" strikes again...
*Consumer Comment: What?
*Consumer Comment: Quote: "BANKING WAS CONCEIVED IN INIQUITY AND BORN IN SIN. IF YOU WANT TO CONTINUE TO BE SLAVES OF THE BANKERS, AND PAY THE COST OF YOUR SLAVERY, THEN....
*Consumer Comment: Can't have it both ways, Laurie.
*Consumer Comment: ITS NOT JUST BOA - ITS ALL CREDIT CARDS
*Consumer Comment: "Courtesy"?
*Consumer Comment: I'd get a lawyer
*Consumer Comment: Unreasonable expectations.
*Consumer Comment: lawsuit?
*Consumer Comment: lawsuit?
*Consumer Comment: GUESS WHAT? The American....
Bank of America is the worst bank out there. Poor customer skills, lack of care to its customers, and have no regard for the economy or its needs.
After having 2 credit cards with this company for 6 years without any late payments or overlimits, having had high balances that are paid down Bank of America decided to cancel the cards.
I called customer service, The first person that I spoke with could not give me a good reason why they were canceled so he transfered me to a credit analyst.
I asked her why the bank canceled the cards after such a long time. she said that I was not a credit risk, she was careful to say that multiple times, but said because I had obtained a consolidation loan on my own 2 years ago, that it caused a change in my financial makeup.
I am now paying less out and have less debt than I did in the past 4 years while still having the cards. She said that was all well and good, but she said that even though I was not a credit risk, the bank was afarid that I would not pay the bills if I was to buy something with the cards.
Seems that they had forgotten that over 6 years I had never been late and had always paid more than the minimum due.
Both Card balances were $0 at the time I called. They have been at $0 for over 6 months.
After 10 minutes of tyring to sort this out She became very rude on the phone and said she would not help me, that my time with her was through. She said it was costing them $200 per year to keep my account open and it had not been used for 6 months.
I asked her if I could transfer a small balance over from one of the other cards that I have, they are low balances as well, to keep the BAC cards open. She again got rude and said that I must not understand the cards are closed and she would not help me.
Unfortunatly they bought Countrywide and hold my mortgage as well. Again no late payments, no helocs etc... I am sure soon there will be more problems from them about them.
Here is the real problem. Since they have closed the account it will show as a negative mark on the credit report. This will lower my FICA score and make it even harder to get credit. They do not care
Doing research I see this is not a new issue with them. Researching the Bank of America employee underground, they are trying to cancel any credit card that they feel is not profitable enough for them, no matter the length of time with them or record.
I am considering a class action suite against Bank of America for damages resulting from the way they are canceling credit and reporting to the agencies.
We will see how this goes. Please respond with your experiences with them.
This report was posted on Ripoff Report on 10/06/2009 03:37 PM and is a permanent record located here: http://www.ripoffreport.com/r/Bank-of-America/Charlotte-North-Carolina-28255/Bank-of-America-BAC-Bad-worst-poor-complaints-violations-scam-rip-off-steal-tak-505328. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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