Bank Of America Bank of America - evil nauseating gluttonously greedy disgusting immoral Chicago Illinois

That someone who can't manage a checking account is insulting the intelligence of other people?

Pot, thy name is black.

"Bankofamericalover",

I just wanted to thank you, and your kind for keeping my checking accounts ABSOLUTELY FREE!! Thank you!!

FREE checking can only be offered if someone else is picking up the tab!

So, I just wanted to thank everyone who is too stupid and/or lazy to keep an accurate checkbook register!

Keep up the good work!

I really do enjoy the TOTALLY FREE checking you provide me!

"Bankofamericalover",

I just wanted to thank you, and your kind for keeping my checking accounts ABSOLUTELY FREE!! Thank you!!

FREE checking can only be offered if someone else is picking up the tab!

So, I just wanted to thank everyone who is too stupid and/or lazy to keep an accurate checkbook register!

Keep up the good work!

I really do enjoy the TOTALLY FREE checking you provide me!

"Bankofamericalover",

I just wanted to thank you, and your kind for keeping my checking accounts ABSOLUTELY FREE!! Thank you!!

FREE checking can only be offered if someone else is picking up the tab!

So, I just wanted to thank everyone who is too stupid and/or lazy to keep an accurate checkbook register!

Keep up the good work!

I really do enjoy the TOTALLY FREE checking you provide me!

"Bankofamericalover",

I just wanted to thank you, and your kind for keeping my checking accounts ABSOLUTELY FREE!! Thank you!!

FREE checking can only be offered if someone else is picking up the tab!

So, I just wanted to thank everyone who is too stupid and/or lazy to keep an accurate checkbook register!

Keep up the good work!

I really do enjoy the TOTALLY FREE checking you provide me!

How are Toto and the Tin Man - and is the sky the same color in THE LAND OF OZ that it is here in the world of REALITY?

Your 'lawsuit' would be about as welcome in the court system as an un-flushed turd. No self-respecting attorney will even bother to hear your pitiful, whiny and unsubstantiated complaint. However, I'm sure there is some mail-order 'lawyer' that will be happy to move forward with your 'case'. Just make sure you have plenty of money on standby when you deposit the 'settlement check' from the FIRST BANK OF NIGERIA...

MORE WISDOM FROM THE ELITE ----

FROM OUR 'IGNORANT" DIVISION WE ARE ENCOURAGED ----
Edgeman
Chico, California
U.S.A.
Be sure to post that docket number...
So we can all follow the progress of the class action lawsuit.

THE DOCKET NUMBER WILL BE POSTED ON THE F.T.C. WEB SITE.

I'M GLAD YOU HAVE THE WILLINGNESS TO FOLLOW THIS ACTION. PLEASE SHARE THE PROCEEDINGS WITH ALL YOUR FRIENDS - IF YOU HAVE ANY.

FROM THE "ULTRA IGNORANT" DIVISION WE RECEIVE ACTUAL GENUINE CONCERN -----------
Jim
Anaheim, California
U.S.A.
Agreed

THANK YOU!

Go ahead and post the docket number. That way we can all watch you waste more money and time with this exercise.

SPEND 5 MINUTES AND EDUCATE YOURSELF ABOUT "CLASS ACTION" LITIGATION.

As I said, you're reputation is that of a troll.

THIS IS A COMPLEMENT FROM ONE WHO IS UNABLE TO EVEN USE PROPER ENGLISH. "YOU'RE" - NOT YOUR?


If you really wanted to have an impact, your would have kept the childish remarks to yourself. But you couldn't help it.

"YOUR" AWESOME!

You can't help yourself.

"YOUR" RIGHT! IT TROUBLES ME THAT AMERICANS ARE BEING RAPED BY OUR OWN ELECTED OFFICIALS.

You wasted your education, your time here, and soon more money will be leaving your possession

YOU MANAGE "YOU'RE" MONEY - I WILL MANAGE MINE AS I SEE FIT.

and all I can do is pity you for your ignorance......

THANK YOU FOR "YOU'RE" CONCERN.

I SINCERELY WISH YOU WILL IMPROVE YOUR FINANCIAL AND MENTAL CONDITION. TRY A 12 STEP PROGRAM - IT TAKES TIME - YET, I AM CONFIDENT YOU WILL OVERCOME YOUR NEED TO ACCEPT BEING ABUSED BY YOUR FRIENDS AT THE LOCAL BANK.

POST ON THE F.T.C. WEB SITE - LOTS OF STUFF THERE - YOU MAY EVEN LEARN SOMETHING!

CIAO!

Go ahead and post the docket number. That way we can all watch you waste more money and time with this exercise.

As I said, you're reputation is that of a troll. If you really wanted to have an impact, your would have kept the childish remarks to yourself. But you couldn't help it. You can't help yourself. You wasted your education, your time here, and soon more money will be leaving your possession and all I can do is pity you for your ignorance......

So we can all follow the progress of the class action lawsuit.

THERE IS NO DEBATE POSSIBLE WITH PEOPLE WHO REFUSE TO CONSIDER THEIR POSITION.

IGNORANCE, STUPIDITY, AND THOSE WHO REFUSE TO IMPROVE THEIR SITUATION IN LIFE ARE PART OF THE COLOR OF OUR FREEDOM.

IT IS UNFORTUNATE OUR GOVERNMENT ALLOWS THE AMERICAN BANKING SYSTEM TO EXIST. FOR OUR ELECTED OFFICIALS TO PROTECT THE RAPE OF AMERICAN CITIZENS IS UNJUSTIFIABLE.

THE AMERICAN SYSTEM IS BROKEN.

NO ONE CAN FIX THIS ABOMINATION.

WE ARE ALONE.

WE MUST TEND TO OUR OWN INDIVIDUAL CIRCUMSTANCES.

THERE WILL BE A CLASS ACTION FILED.

AS I STATED, A WASHINGTON LEGAL FIRM, YOU WILL RECALL THE NAME, IS TAKING THE BANKING SYSTEM TO COURT.

THE SILENT MAJORITY WILL INDEED BE REPRESENTED.

FOR THOSE OF YOU WHO ARE SATISFIED WITH THEIR BANKS - SIMPLY OPT-OUT. IT'S EASY TO BE STUPID.

YOU HAVE EVERY RIGHT TO LIVE AS YOU CHOOSE.

TO DEFEND OUR BANKING SYSTEM IS YOUR CHOICE.

IT IS BEYOND MY ABILITY TO COMPREHEND WHY, THOSE OF YOU WHO TRY TO EXPRESS THEIR OPINIONS, ALLOW THE SYSTEM TO ABUSE YOUR CONFIDENCE.

NO ONE HAS BOTHERED TO ANSWER MY QUESTION -

WHAT IS THE APR EARNED BY YOUR CHECKING ACCOUNT?

SIMPLE - YET NO RESPONSE.

YOU CAN LAUGH AT MY COMMENTS, MY THOUGHTS, AND MY USE OF "CAPS".

I FEEL SORRY FOR PEOPLE WHO REFUSE TO OPEN THEIR MINDS - FOR WHATEVER REASON.

GOD BLESS AMERICA. WE ARE FREE TO CHOOSE.

IT IS SAD OUR SYSTEM ALLOWS OUR BANKS TO EXIST, KNOWING THAT OUR BANKS SAVAGE THE POOR, THE UNINFORMED, THE PEOPLE WHO TRULY NEED HELP.

AS OUR FORMER PRESIDENT ONCE SAID - "I NEVER INHALED".

THE BILL CLINTON SATANIC MENTALITY WILL HAUNT OUR CHILDREN FOREVER.

CHANGE IS THE ONLY CONSTANT IN LIFE.

From Wikipedia, the free encyclopedia -

A constant is something that does not change, over time or otherwise: a fixed value. In most fields of discourse the term is an antonym of "variable", but in mathematical parlance a mathematical variable may sometimes also be called a constant.

It is amazing to me that there has not been more action taken regarding these bogus fees and manipulation. To GOOGLE the concept online is astonishing. There are sooooo many people out there who agree.
I have just experienced the most frustrating situation with BofA. Not unlike all of them mentioned here. I am really angry that they have been allowed to run roughshod as they have.
I have noticed that some of the people who are in the "rebuttal" phase have spoken up on several of these sites...you know who you are. Someone who works in the banking industry and doesn't want an upheaval? Someone who thinks their S**T don't stink and just gets enjoyment about arguing people out of making a stand? I don't know, and really don't care.
I think we should share names of the Attorneys who are willing to file class action lawsuits and GET 'EM NOW!
Lack of regulation of the ridiculous usurous fees that are making the banks billions of tax free dollars has got to stop. There have, indeed, been attempts to sue BofA for other issues but I have yet to see any indication that this specific issue has been addressed with proof...solid proof like that which is in my possession.
Go ahead...rebut away!

Ok I stopped reading this dribble about 1/2 down..am I the only one who thinks the OP loves to hear their own voice? or should I say read their own words??

good luck with your pointless lawsuit....you are gonna need it

Remember the episode where Mr. Hill blocked off Sam's pool room, towed his Corvette (twice), and then made him pay rent to have the pool room back?

Sam 'got back at' Mr. Hill by unsuccessfully trying to rip, hammer, and burn the duck floor mat that Hill had placed by the steps to Melville's - only to end up stealing it and running out the door screaming 'I Win!!!!' when it was obvious to everyone in the bar that he had been completely humiliated and thrashed by Hill.

On this thread, BOA lover is the quintessential female 'Sam'...

She screams and rants during every pathetic attempt to scream over those who are correcting the flawed and illogical justifications for her poor and sloppy behavior. Much like Sean Hannity and others of his ilk, she cannot win an intelligent debate (despite her 'MBA'...) on the merits of her points. As a result, she has become nothing more than what I like to call a 'damage control troll'. This type of troll is exposed on a public forum - then tries to save face by posting endless, unnecessarily-long rants to drum out dissent.

Nice try, little girl...but you have been exposed for the mindless hater you are. Go back to school because your 'MBA' isn't cutting the mustard...

Still no rip-off here...

Instead of taking only PARTS of the sentences that people post in their rebuttals, why don't you respond to the COMPLETE sentence? Is it because when taken out of context anything can be ridiculed? All I've seen from a supposed mba is childish, imbecilic attempts to make anyone who disagrees with you look foolish. By doing this only make YOU look moronic, almost to the point that IMO you are in the same category with Charles, and Rita Kralik. (You can search on these "charles phenix alabama" and "mayfield heights") Why don't you, an allegedly educated person, try taking some of the suggestions given here instead of constantly arguing with others? I've had a BOA account for approx 8 yrs and have NEVER paid a nsf/od fee. Why do you think that is? Could it be because I read ALL the agreements, acount notices and updates that are sent to me? I call it account holder resposibility- try it sometime, you might surprise yourself. BTW -I don't have any relationship with BOA except my account. I actually work as an electrical engineer, so you can't claim I work for them, as it seem almost anyone who has a very weak case claims of their detractors. Next will come your call for a "class action suit"- the tip off that your claim is worthless, you need NUMBERS to feel your claim is true. It can't stand on its own.

Bank of america lover is just an internet troll. Since he doesn't have any substantive arguments, all he can do is insult people who offer a different point of view. Perhaps he enjoys the attention he gets in this thread.

" YOUR ARE A GOOF - A FACT - NOT AN INSULT."

And yet I can manage a checking account without overdrafting my account. You apparently cannot even do that much. What does that make you?

"WHAT IS THE POINT?"

The point is that insulting people is the best you can do. Anybody can do that from their keyboards. Actually taking responsibility or even discussing things rationally takes an adult.

"YOU ARE EASILY SURPRISED."

Seeing a grown with an MBA acting like a spoiled six year old is surprising.

"THIS IS NOT THE BOY SCOUTS."

No, it isn't. it's the real world where actions have consequences. In your case, overdrafting your account will result in overdraft fees.

"YOU ARE NOT A GOOF - YOU ARE A FOOL."

Then I'm a fool who knows how to manage a checking account. How much money do you have to make on your APR to even offset what you paid in overdraft fees?

"THIS IS ROCKET SCIENCE."

Actually, it's statistics. You have an MBA and didn't even know that?

"GOOFY, STUPID, SHALLOW, AND WORTHLESS"

That's an accurate description of your posts. I'm glad you realize that.

"NO WAY ARE YOU GOING TO EXPERIMENT WITH ME."

Why not? Aren't you interested in seeing how many overdraft fees are truly BofA's fault?

"YOU SHOULD FOCUS ON THE BEHAVIOR OF BANKS"

Since the vast majority of reports on this site about overdraft fees are due to user error, it would be more effective to educate people about how to manage their accounts.

"DO YOU DRIVE A CAR?"

Of course.

"YOU MAY READ - YOU ARE UNABLE TO COMPREHEND "

My reading comprehension is fne. That's how I can offer advice to people who are having trouble with fees.

"YOUR 'FACT' IS THAT YOU ARE NOTHING MORE THAN ANOTHER IDIOT."

No, the facts are that most of the reports on this site about overdraft fees show the cause to be user error.

"AND I WOULD ADVISE YOU TO CHECK YOUR a*s - YOU WILL FIND YOUR HEAD IN IT."

You really don't have a substantive argument. A 14 year old can win a debate against you.

"YOU ARE CLEARLY A CHILD - NO MORE REMARKS."

Do you promise that you won't make anymore remakrs?

NOW, MORE FODDER....

Edgeman
Chico, California
U.S.A.
Response...

In respone to 'Bank of america lover'...

RESPONE?

You start your post with a direct insult (calling me a goof).

YOUR ARE A GOOF - A FACT - NOT AN INSULT.

If you have to resort to insults, you must not have a credible argument.

WHAT IS THE POINT?

I was surprised

YOU ARE EASILY SURPRISED.

that you felt the need to resort to such immature behavior, especially since you were relatively cordial to me earlier in this thread.

THIS IS NOT THE BOY SCOUTS.

Moving on...

' RARE? HOW RARE? SHOW ME THE NUMBERS.'

A search for 'bank of america' indicates that there are approximately 1,300 reports filed under that name.

YOU ARE NOT A GOOF - YOU ARE A FOOL.

I took a random sampling of 15% (195)

THIS IS ROCKET SCIENCE.

of those reports that were about overdraft fees and noted the causes that triggered those same fees. In the vast majority of cases, the overdraft fees were the result of the account owner's actions and very few could be traced to bank error.

GOOFY, STUPID, SHALLOW, AND WORTHLESS

If you like, I'll do the experiment again with you.

NO WAY ARE YOU GOING TO EXPERIMENT WITH ME.

We will both investigate a sample of the reports and see what the results say. That is, if you can control your behavior.

YOU SHOULD FOCUS ON THE BEHAVIOR OF BANKS

'ONE ERROR - 4 FEES?'

The merchant double charged me, which caused four other transactions to overdraft. The bank reversed those fees.

'YOU ARE ON DRUGS.'

No, I do not take drugs. How do you explain my bank statement that shows four overdraft fees and four reversals?

DO YOU DRIVE A CAR?

'HOW IN HELL DO YOU KNOW THIS? '

Because I have read enough reports on BofA at this site to see that the vast majority of overdraft fees are caused by the account owner.

'GOOD GOD - VIRTUALLY ELIMINATE - SHOW ME THE FACTS.'

YOU MAY READ - YOU ARE UNABLE TO COMPREHEND

Earlier in this thread I asked you how the bank could cause someone to overdraft their acocunt. I specifically gave an example of $1,000 in available funds and $910 in debits and asked how those transactions could be manipulated to generate overdraft fees. You admitted that the account owner would be safe in that situation.

WOW - YOU GOT ME ON THAT ONE

A person with a properly filled out ledger or check register knows how much they have in available funds and how much in checks and debits they have authorized. With this knowledge, it is difficult for the user to overdraft his or her account. Perhaps they meant to pay with another card and accidentally used their ATM while they had a low balance or perhaps they intentionally overdraft their account intending to make a deposit the next day. Other than that, staying within one's availabl funds balance does virtually eliminate overdraft fees generated by the account owner. You even admitted to that a few weeks ago.

'YOUR 'FACT' IS THAT YOU ARE NOTHING MORE THAN ANOTHER IDIOT.

ARE YOU RELATED TO JIMMY BOB?

THE GOOF BROTHERS.'

No, I'm not related to Jim. Are you anything other than someone who attempts to browbeat people who wish to discuss problems rationally?

YOU SAY YOU HAVE NO PROBLEMS.

'SIT,LAY DOWN, ROLL OVER - GOOD BOYS.'

And I'd advise you to check your ego,

AND I WOULD ADVISE YOU TO CHECK YOUR a*s - YOU WILL FIND YOUR HEAD IN IT.

discuss things like a grown up and learn to locate your Caps Lock key.

YOU ARE CLEARLY A CHILD - NO MORE REMARKS.

JIMMY BOB - WHERE THE HELL ARE YOU?

WHAT IS THE APR ON YOUR CHECKING ACCOUNT?

JIMMY BOB - YOU HAVE NO BALLS.

In respone to "Bank of america lover"...

You start your post with a direct insult (calling me a goof). If you have to resort to insults, you must not have a credible argument. I was surprised that you felt the need to resort to such immature behavior, especially since you were relatively cordial to me earlier in this thread.

Moving on...

" RARE? HOW RARE? SHOW ME THE NUMBERS."

A search for "bank of america" indicates that there are approximately 1,300 reports filed under that name. I took a random sampling of 15% (195) of those reports that were about overdraft fees and noted the causes that triggered those same fees. In the vast majority of cases, the overdraft fees were the result of the account owner's actions and very few could be traced to bank error. If you like, I'll do the experiment again with you. We will both investigate a sample of the reports and see what the results say. That is, if you can control your behavior.

"ONE ERROR - 4 FEES?"

The merchant double charged me, which caused four other transactions to overdraft. The bank reversed those fees.

"YOU ARE ON DRUGS."

No, I do not take drugs. How do you explain my bank statement that shows four overdraft fees and four reversals?

"HOW IN HELL DO YOU KNOW THIS? "

Because I have read enough reports on BofA at this site to see that the vast majority of overdraft fees are caused by the account owner.

"GOOD GOD - VIRTUALLY ELIMINATE - SHOW ME THE FACTS."

Earlier in this thread I asked you how the bank could cause someone to overdraft their acocunt. I specifically gave an example of $1,000 in available funds and $910 in debits and asked how those transactions could be manipulated to generate overdraft fees. You admitted that the account owner would be safe in that situation.

A person with a properly filled out ledger or check register knows how much they have in available funds and how much in checks and debits they have authorized. With this knowledge, it is difficult for the user to overdraft his or her account. Perhaps they meant to pay with another card and accidentally used their ATM while they had a low balance or perhaps they intentionally overdraft their account intending to make a deposit the next day. Other than that, staying within one's availabl funds balance does virtually eliminate overdraft fees generated by the account owner. You even admitted to that a few weeks ago.

"YOUR 'FACT' IS THAT YOU ARE NOTHING MORE THAN ANOTHER IDIOT.

ARE YOU RELATED TO JIMMY BOB?

THE GOOF BROTHERS."

No, I'm not related to Jim. Are you anything other than someone who attempts to browbeat people who wish to discuss problems rationally?

"SIT,LAY DOWN, ROLL OVER - GOOD BOYS."

And I'd advise you to check your ego, discuss things like a grown up and learn to locate your Caps Lock key.

JUST WAS WONDERING WHERE OUR FRIEND "JIMMY BOB" IS HIDING - PERHAPS HE IS ATTEMPTING TO FIGURE OUT WHAT HIS APR IS ON HIS CHECKING ACCOUNT?

A SIMPLE QUESTION - YET, NO RESPONSE.

JIMMY BOB - WHERE ARE YOU?

ANOTHER GOOF WRITES..........

"Edgeman
Chico, California
U.S.A.
To Aannggiiee..."

While situations like you describe can happen, they are rare.

RARE? HOW RARE? SHOW ME THE NUMBERS.

Something like that happened to me in early October of 2008. A merchant accidentally double charged me for a $1,253 purchase and that resulted in four overdraft fees.

ONE ERROR - 4 FEES?

A call to the bank and the situation was resolved and the overdraft fees were reversed.

YOU ARE ON DRUGS.

However, the vast majority of the reports on this site do not fall under those circumstances (as you noted).

HOW IN HELL DO YOU KNOW THIS?

The fact remains that a properly used ledger or check register will virtually eliminate overdraft fees generated by the account owner.

GOOD GOD - VIRTUALLY ELIMINATE - SHOW ME THE FACTS.

YOUR "FACT" IS THAT YOU ARE NOTHING MORE THAN ANOTHER IDIOT.

ARE YOU RELATED TO JIMMY BOB?

THE GOOF BROTHERS.

ONE MORE TIME - JIMMY BOB - WHAT IS YOUR CHECKING APR?

SIT,LAY DOWN, ROLL OVER - GOOD BOYS.

While situations like you describe can happen, they are rare. Something like that happened to me in early October of 2008. A merchant accidentally double charged me for a $1,253 purchase and that resulted in four overdraft fees. A call to the bank and the situation was resolved and the overdraft fees were reversed.

However, the vast majority of the reports on this site do not fall under those circumstances (as you noted). The fact remains that a properly used ledger or check register will virtually eliminate overdraft fees generated by the account owner.

I keep a very accurate register & I am very familiar with the practice of listing transactions from greater to lesser; I have no problem with that. I have read this entire string, as well as many Rip Off Reports on this site and yes, many complaints would be avoided if posters kept better financial records. Just understand my point of view is I am suspicious, and my confidence in BOA is tarnished. For example: I had over $500 in my account on 12-26-08.
I used my atm for: $48 for gas
$154 at Walmart
$99 at staples
$52 at Chilis for a grand total of $353 in charges. Great, I still have an available balance of $147; no worries, as I'm done shopping for the week...but wait...New Years Day I get an email alert with four overdraft fees for these transactions. I immediately check my account online & these very transactions are posted as cleared. The very same four transactions are still listed in the pending section & my balance is now -$346. Do the math... 500-353=147-353(again)= -206 + 140 (nsf fees)= -346. Two days, countless correspondance & finally I reach someone that can do simple math and it gets corrected. Too bad the cofidence will always be damaged & YES I am suspicious because this is not the first time this has happened. Previously it wasn't an issue as I had funds to cover the delay, But maybe I should have spoke up sooner; when I first noticed this & I may not have waisted two days trying to get it corrected.
SO...
A perfect register does not prevent nsf fees, but it does help with correcting bank errors that should never happen. Still Suspicious.

I keep a very accurate register & I am very familiar with the practice of listing transactions from greater to lesser; I have no problem with that. I have read this entire string, as well as many Rip Off Reports on this site and yes, many complaints would be avoided if posters kept better financial records. Just understand my point of view is I am suspicious, and my confidence in BOA is tarnished. For example: I had over $500 in my account on 12-26-08.
I used my atm for: $48 for gas
$154 at Walmart
$99 at staples
$52 at Chilis for a grand total of $353 in charges. Great, I still have an available balance of $147; no worries, as I'm done shopping for the week...but wait...New Years Day I get an email alert with four overdraft fees for these transactions. I immediately check my account online & these very transactions are posted as cleared. The very same four transactions are still listed in the pending section & my balance is now -$346. Do the math... 500-353=147-353(again)= -206 + 140 (nsf fees)= -346. Two days, countless correspondance & finally I reach someone that can do simple math and it gets corrected. Too bad the cofidence will always be damaged & YES I am suspicious because this is not the first time this has happened. Previously it wasn't an issue as I had funds to cover the delay, But maybe I should have spoke up sooner; when I first noticed this & I may not have waisted two days trying to get it corrected.
SO...
A perfect register does not prevent nsf fees, but it does help with correcting bank errors that should never happen. Still Suspicious.

I keep a very accurate register & I am very familiar with the practice of listing transactions from greater to lesser; I have no problem with that. I have read this entire string, as well as many Rip Off Reports on this site and yes, many complaints would be avoided if posters kept better financial records. Just understand my point of view is I am suspicious, and my confidence in BOA is tarnished. For example: I had over $500 in my account on 12-26-08.
I used my atm for: $48 for gas
$154 at Walmart
$99 at staples
$52 at Chilis for a grand total of $353 in charges. Great, I still have an available balance of $147; no worries, as I'm done shopping for the week...but wait...New Years Day I get an email alert with four overdraft fees for these transactions. I immediately check my account online & these very transactions are posted as cleared. The very same four transactions are still listed in the pending section & my balance is now -$346. Do the math... 500-353=147-353(again)= -206 + 140 (nsf fees)= -346. Two days, countless correspondance & finally I reach someone that can do simple math and it gets corrected. Too bad the cofidence will always be damaged & YES I am suspicious because this is not the first time this has happened. Previously it wasn't an issue as I had funds to cover the delay, But maybe I should have spoke up sooner; when I first noticed this & I may not have waisted two days trying to get it corrected.
SO...
A perfect register does not prevent nsf fees, but it does help with correcting bank errors that should never happen. Still Suspicious.

I keep a very accurate register & I am very familiar with the practice of listing transactions from greater to lesser; I have no problem with that. I have read this entire string, as well as many Rip Off Reports on this site and yes, many complaints would be avoided if posters kept better financial records. Just understand my point of view is I am suspicious, and my confidence in BOA is tarnished. For example: I had over $500 in my account on 12-26-08.
I used my atm for: $48 for gas
$154 at Walmart
$99 at staples
$52 at Chilis for a grand total of $353 in charges. Great, I still have an available balance of $147; no worries, as I'm done shopping for the week...but wait...New Years Day I get an email alert with four overdraft fees for these transactions. I immediately check my account online & these very transactions are posted as cleared. The very same four transactions are still listed in the pending section & my balance is now -$346. Do the math... 500-353=147-353(again)= -206 + 140 (nsf fees)= -346. Two days, countless correspondance & finally I reach someone that can do simple math and it gets corrected. Too bad the cofidence will always be damaged & YES I am suspicious because this is not the first time this has happened. Previously it wasn't an issue as I had funds to cover the delay, But maybe I should have spoke up sooner; when I first noticed this & I may not have waisted two days trying to get it corrected.
SO...
A perfect register does not prevent nsf fees, but it does help with correcting bank errors that should never happen. Still Suspicious.

JIMMY BOB WRITES -

Jim
Anaheim, California
U.S.A.
You Proved My Point

AND WHAT IS EXACTLY YOUR POINT? YOU HAVE YET TO ANSWER A SINGLE QUESTION.

ONE MORE TIME - WHAT APR DO YOU RECEIVE FROM YOUR CHECKING ACCOUNT?

IS THIS TOO COMPLICATED TO UNDERSTAND?

Luckily for Bank of America, your credibility is so destroyed by your own rantings - they could never suffer from anything you post about them.

AND THAT IS A GOOD THING?

Attacking me doesn't serve you, nor does it stop me. It only hurts you at this point.

I NEVER ATTACKED YOU - YOU INVITE COMMENTS WHICH REFLECT YOUR MENTALITY.

You've been given a lot of advice from people -

REALLY?

I suggest reading it, learning what they have to say, and living it.

I SUGGEST YOU ANSWER MY SINGLE QUESTION.

I guarantee you will incur fees at a credit union too when you overdraw your account.

YOU GUARANTEE? MORE POINTLESS BLATHER.

MY CREDIT UNION REFUNDS ALL FEES IF I FUND MY ACCOUNT WITHIN 30 DAYS.

I GUARANTEE THIS.

Credit Unions are NOT the cure-all you purport them to be. I can assuredly guarantee you of that after I left mine for reasons other than fees (poor service and horrible interest rates).

YOU ARE TRULY A SAD INDIVIDUAL.

NOW YOU "ASSUREDLY GUARANTEE"? MORE DIARRHEA - ARE YOU A REAL PERSON?

A real MBA would have stopped long ago with this thread because the point is generally made with one succinct post, and that's all that needs to be made.

AGAIN - WHAT IS YOUR POINT?

ONE MORE TIME - WHAT IS THE APR ON YOUR CHECKING ACCOUNT?

IS THIS TOO COMPLICATED A QUESTION FOR YOU TO COMPREHEND?

CHECK OUT THE F.T.C. WWW SITE - PERHAPS YOU, AND MANY OTHERS WILL BENEFIT.

THIS I WILL "ASSUREDLY GUARANTEE".

I HOPE YOU, AND ALL AMERICANS, WILL SHOP FOR THE BEST BANKING SOLUTION WHICH MEETS THEIR NEEDS.

THIS IS, INDEED, THE """POINT"""!

I was lucky because I had relatives who survived the 1930s Depression and so I NEVER had a bank account and NEVER in my life have I owned a (expletitive deleted) CREDIT CARD because they were issued by banks or Organized Crime financial rip-off places --IS there a difference.

I live the life I CAN AFFORD TO PAY FOR AND THAT'S ALL.

Luckily for Bank of America, your credibility is so destroyed by your own rantings - they could never suffer from anything you post about them. Attacking me doesn't serve you, nor does it stop me. It only hurts you at this point.

You've been given a lot of advice from people - I suggest reading it, learning what they have to say, and living it. I guarantee you will incur fees at a credit union too when you overdraw your account. Credit Unions are NOT the cure-all you purport them to be. I can assuredly guarantee you of that after I left mine for reasons other than fees (poor service and horrible interest rates).

A real MBA would have stopped long ago with this thread because the point is generally made with one succinct post, and that's all that needs to be made.

JIMMY BOB WRITES -

Jim
Anaheim, California
U.S.A.
The Fool Is Not An MBA - Not a Chance

OUCH! THAT HURT!

Nobody is this stupid.

FOR SURE - WHO IS "NOBODY"?

This idiot can't even put a coherent sentence together; at least an MBA can complete a sentence.

ARE YOU SURE? AGAIN, PROVE WHAT YOU SAY. YOU HAVE YET TO PROVE ANYTHING.

Just keep posting and wasting your time here:

WHAT IS YOUR POINT? YOU ARE CONCERNED ABOUT MY TIME? THANK YOU.

when everyone keeps reading one ignorant post after another

YOU REMAIN AT THE TOP OF THE IGNORANT LIST.

readers will only conclude one thing -

THAT YOU ARE A FOOL?

you didn't have the common sense to keep a check register.

AN EXCELLENT POINT.

That's why lawsuits against banks don't work -

THIS IS MOST INTERESTING. CAN YOU READ?

because the account holder has the sole responsibility to keep track of his/her account. It's not the bank's duty.

THIS IS BORING.

If all you need is a checking account, then go to a credit union.

HUH?

However, don't expect frills.

FRILLS - LIKE SOFTWARE WHICH MANIPULATES ONES ACCOUNT ACTIVITY?

Don't expect anything online;

PLEASE - SHOW AT LEAST A BIT OF PROOF TO SUPPORT YOUR IGNORANCE.

just keep a check register like you haven't been doing to this point.

AN EXCELLENT TIP.

And don't expect anything in additional services, because there are very few of them available.

LIKE WHAT? PLEASE, ILLUMINATE US.

I've had accounts with a credit union -

WHO - WHEN - WHERE?

they're simply bare-bones operations

YOU'RE A BARE-BONED IDIOT.

designed more as a simple banking courtesy

YOU ARE A REAL JOKER!

for employees of other companies.

FOR SURE - EMPLOYEES OF BANKS USE CREDIT UNIONS.

They're fine if you like simplicity,

GOOD GOD. AND YOU PREFER COMPLEXITY AND GREED?

but you do get what you pay for.

EXACTLY! THE FIRST GLIMMER OF HOPE FROM YOUR BLATHER.

I DON'T PAY FOR BANKING WITH MY CREDIT UNION - THEY PAY ME!

I'M STILL WAITING - WHAT IS THE APR YOU RECEIVE FROM YOUR CHECKING ACCOUNT BALANCE?

WHAT THE HELL IS WRONG WITH YOU? A BRAIN INJURY?

I HOPE YOU WILL FIND MEDICATION WHICH WILL CHANGE YOUR DISTORTED VIEWS.

YOU NEED TO QUIT THE HALLUCINOGENICS.

TRY NA!

Nobody is this stupid. This idiot can't even put a coherent sentence together; at least an MBA can complete a sentence. Just keep posting and wasting your time here: when everyone keeps reading one ignorant post after another from you, readers will only conclude one thing - you didn't have the common sense to keep a check register. That's why lawsuits against banks don't work - because the account holder has the sole responsibility to keep track of his/her account. It's not the bank's duty.

If all you need is a checking account, then go to a credit union. However, don't expect frills. Don't expect anything online; just keep a check register like you haven't been doing to this point. And don't expect anything in additional services, because there are very few of them available. I've had accounts with a credit union - they're simply bare-bones operations designed more as a simple banking courtesy for employees of other companies. They're fine if you like simplicity, but you do get what you pay for.

Nobody is this stupid. This idiot can't even put a coherent sentence together; at least an MBA can complete a sentence. Just keep posting and wasting your time here: when everyone keeps reading one ignorant post after another from you, readers will only conclude one thing - you didn't have the common sense to keep a check register. That's why lawsuits against banks don't work - because the account holder has the sole responsibility to keep track of his/her account. It's not the bank's duty.

If all you need is a checking account, then go to a credit union. However, don't expect frills. Don't expect anything online; just keep a check register like you haven't been doing to this point. And don't expect anything in additional services, because there are very few of them available. I've had accounts with a credit union - they're simply bare-bones operations designed more as a simple banking courtesy for employees of other companies. They're fine if you like simplicity, but you do get what you pay for.

Nobody is this stupid. This idiot can't even put a coherent sentence together; at least an MBA can complete a sentence. Just keep posting and wasting your time here: when everyone keeps reading one ignorant post after another from you, readers will only conclude one thing - you didn't have the common sense to keep a check register. That's why lawsuits against banks don't work - because the account holder has the sole responsibility to keep track of his/her account. It's not the bank's duty.

If all you need is a checking account, then go to a credit union. However, don't expect frills. Don't expect anything online; just keep a check register like you haven't been doing to this point. And don't expect anything in additional services, because there are very few of them available. I've had accounts with a credit union - they're simply bare-bones operations designed more as a simple banking courtesy for employees of other companies. They're fine if you like simplicity, but you do get what you pay for.

Nobody is this stupid. This idiot can't even put a coherent sentence together; at least an MBA can complete a sentence. Just keep posting and wasting your time here: when everyone keeps reading one ignorant post after another from you, readers will only conclude one thing - you didn't have the common sense to keep a check register. That's why lawsuits against banks don't work - because the account holder has the sole responsibility to keep track of his/her account. It's not the bank's duty.

If all you need is a checking account, then go to a credit union. However, don't expect frills. Don't expect anything online; just keep a check register like you haven't been doing to this point. And don't expect anything in additional services, because there are very few of them available. I've had accounts with a credit union - they're simply bare-bones operations designed more as a simple banking courtesy for employees of other companies. They're fine if you like simplicity, but you do get what you pay for.

You claim to have an MBA, yet a simple business concept like 'revenue' seems beyond your grasp. You also claim not to be able to understand your bank's terms and conditions. You seem to be incapable of doing some grade school math on a check register to avoid overdraft fees. Personally, I think you are a 12 or 13 yr. old just having fun on Mom's computer.

You have called other posters idiot, fool and ignorant. Yet, you have displayed an astounding level of idiocy, foolishness and ignorance in each post.

I think the icing on the cake is your last post, where you attempted to call another poster ignorant, but couldn't manage to spell it correctly. Very sad.

There is nothing quite as pathetic as a self-martyred, delusional moron who blames everyone for the circumstances resulting from her own poor decisions.

No less than 10 different people have tried to correct your flawed thinking regarding this matter - i.e. that your poor decisions have led to the charges you have incurred. Each and every time, you make a pitiful attempt to save face by blaming those who are enlightening you.

It seems to me that you have a serious RESPONSIBILITY PROBLEM, Miss MBA. If you truly ARE as educated as you claim to be in Business Administration, you comprehend the concept of previously-disclosed TERMS AND CONDITIONS - all of which lay out, in detail, precisely what fees and charges you may incur BEFORE THE ACCOUNT IS EVEN OPENED. You were made aware of and signed to adhere to these terms and conditions. Ergo, you have no complaint.

No rip-off here on the part of BOA. This is simply yet another example of an American consumer failing to take responsibility for HER OWN POOR CHOICES and blaming everyone for the errors she makes.

Oh, and FYI "Miss MBA", you are not the only person posting to ROR with a graduate degree - so do us all a favor and get off your high horse. Many of us are supremely educated (MPA, PhD here), but that doesn't make our opinions any more valid than the next person unless our evidence and reasoning matches our intellect. Grow up a bit and bring your big-girl britches to the debate table next time.

OUR FRIEND JIM OFFERS THE FOLLOWING -
Jim
Anaheim, California
U.S.A.
Except that Credit Unions Offer Less In Services

SHOW ME!

It's true you can certainly go there. I used to bank with one. However, you will be forced to keep a check register.

WHAT THE HELL ARE YOU SMOKING? HAVE YOU NO BRAIN?

Since you've proven you can't keep a check register and your lack of an education preventing you from analyzing what really happening to you....

YOU ARE STUPID, IGNORANT, AND A FOOL.

I don't know how a credit union can really help you, given your current lack of skills.

MY "CURRANT LACK OF SKILLS"? ILLUMINATE ME WITH YOUR SKILLS.

I mean you claim adition and subtraction don't seem to be a problem, yet your situation contradicts those facts.

YOU ARE ILLITERATE - WHAT ARE THE FACTS? WHAT DOES "ADITION" MEAN?

But I digress....

THIS IS THE TRUTH.

The statistics you cite regarding fee revenue, generally speaking, represents fees earned from a true minority of their account holders.

SHOW ME THE FACTS. GENERALLY SPEAKING? TRUE MINORITY? JIMMY BOY - YOU MUST HAVE BEEN BLINDED BY SELF STIMULATION.

The vast majority of fees collected (not all, but around 85%-90%) come from those who can't manage their funds;

YOU ARE TRULY A IDIOT.

from those I know in the banking industry,

THIS IS AWESOME. YOU ASSOCIATE WITH SLIMY BANKERS?

those fees you cite come from about 30% of the bank's account holders.

HUH? DOES THAT INDICATE 30% OF PROFITS?

That means about 70% of the bank's account holders either pay no fees, or very low fees (less than $15 per month).

THE FACTS ARE WHAT? YOU ARE A STOOGE, AT BEST.

This should hardly come as a surprise to anyone who either contributes here regularly,

DO YOU READ THE COMMENTS?

those who know the industry,

WHO KNOWS THIS SLEAZY INDUSTRY? YOU MUST BE A PRO. DO YOU SELL USED CARS?

or those who work with banks

AS IN A JANITOR?

- in some fashion. You're in the minority - that's all you need to know.

THAT'S ALL WE NEED TO KNOW? YOU ARE AN IDIOT.

Many people deal with banks daily without incurring a fee.

SHOW ME THE FACTS. WHAT THE HELL IS WRONG WITH YOU?

To those who think the bank is a scam....

OK - WE ARE LISTENING. PUT UP SOME FACTS, OR SHUT THE BLATHER.

I feel bad for you because all of it is really avoidable.

I FEEL BAD FOR PEOPLE WHO TOLERATE YOUR IGNORANT THINKING.

ANSWER ONE QUESTION - IF YOU HAVE ANY BRAINS - THIS IS SIMPLE - EVEN FOR YOU - WHAT IS YOUR APR ON YOUR CHECKING ACCOUNT?

YOU ARE A FOOL. STUPID. IGNORANT. A TRUE SIMPLETON.

I HOPE YOU GET EDUCATED. GOOD LUCK - YOU'RE GONNA NEED IT.

CHECK OUT CREDIT UNIONS!!!!!

It's true you can certainly go there. I used to bank with one. However, you will be forced to keep a check register. Since you've proven you can't keep a check register and your lack of an education preventing you from analyzing what really happening to you....I don't know how a credit union can really help you, given your current lack of skills. I mean you claim adition and subtraction don't seem to be a problem, yet your situation contradicts those facts.

But I digress....

The statistics you cite regarding fee revenue, generally speaking, represents fees earned from a true minority of their account holders. The vast majority of fees collected (not all, but around 85%-90%) come from those who can't manage their funds; from those I know in the banking industry, those fees you cite come from about 30% of the bank's account holders. That means about 70% of the bank's account holders either pay no fees, or very low fees (less than $15 per month). This should hardly come as a surprise to anyone who either contributes here regularly, those who know the industry, or those who work with banks - in some fashion. You're in the minority - that's all you need to know.

Many people deal with banks daily without incurring a fee. To those who think the bank is a scam....I feel bad for you because all of it is really avoidable.

THE INTELLECT ON DISPLAY HERE IS EXACTLY WHAT AMERICAN BANKS ENCOURAGE.

IF YOU ARE SATISFIED WITH YOUR BANK YOU ARE STUPID, IGNORANT, OR A IDIOT.

HOW IN HELL IS IT POSSIBLE FOR ANYONE WITH A WORKING BRAIN TO ALLOW BANK OF AMERICA TO CONTINUE TO STEAL THEIR MONEY?

HOW DOES THIS SOUND - ?

1 - I GET 5.1% APR ON MY CHECKING ACCOUNT BALANCE.

2 - NO ATM FEES - EVER - FROM ANY ATM MACHINE IN THE WORLD.

3 - FREE CHECKS.

4 - A MONTHLY DIVIDEND BASED ON THE PROFITS OF MY CREDIT UNION.

SO, IF ALL OF YOU SHREWD MONEY PROFESSIONALS OUT THERE HAVE A BETTER WAY..............

SHOW ME!

BANKS LOVE STUPID PEOPLE.

THE INTELLECT ON DISPLAY HERE IS EXACTLY WHAT AMERICAN BANKS ENCOURAGE.

IF YOU ARE SATISFIED WITH YOUR BANK YOU ARE STUPID, IGNORANT, OR A IDIOT.

HOW IN HELL IS IT POSSIBLE FOR ANYONE WITH A WORKING BRAIN TO ALLOW BANK OF AMERICA TO CONTINUE TO STEAL THEIR MONEY?

HOW DOES THIS SOUND - ?

1 - I GET 5.1% APR ON MY CHECKING ACCOUNT BALANCE.

2 - NO ATM FEES - EVER - FROM ANY ATM MACHINE IN THE WORLD.

3 - FREE CHECKS.

4 - A MONTHLY DIVIDEND BASED ON THE PROFITS OF MY CREDIT UNION.

SO, IF ALL OF YOU SHREWD MONEY PROFESSIONALS OUT THERE HAVE A BETTER WAY..............

SHOW ME!

BANKS LOVE STUPID PEOPLE.

THE INTELLECT ON DISPLAY HERE IS EXACTLY WHAT AMERICAN BANKS ENCOURAGE.

IF YOU ARE SATISFIED WITH YOUR BANK YOU ARE STUPID, IGNORANT, OR A IDIOT.

HOW IN HELL IS IT POSSIBLE FOR ANYONE WITH A WORKING BRAIN TO ALLOW BANK OF AMERICA TO CONTINUE TO STEAL THEIR MONEY?

HOW DOES THIS SOUND - ?

1 - I GET 5.1% APR ON MY CHECKING ACCOUNT BALANCE.

2 - NO ATM FEES - EVER - FROM ANY ATM MACHINE IN THE WORLD.

3 - FREE CHECKS.

4 - A MONTHLY DIVIDEND BASED ON THE PROFITS OF MY CREDIT UNION.

SO, IF ALL OF YOU SHREWD MONEY PROFESSIONALS OUT THERE HAVE A BETTER WAY..............

SHOW ME!

BANKS LOVE STUPID PEOPLE.

THE INTELLECT ON DISPLAY HERE IS EXACTLY WHAT AMERICAN BANKS ENCOURAGE.

IF YOU ARE SATISFIED WITH YOUR BANK YOU ARE STUPID, IGNORANT, OR A IDIOT.

HOW IN HELL IS IT POSSIBLE FOR ANYONE WITH A WORKING BRAIN TO ALLOW BANK OF AMERICA TO CONTINUE TO STEAL THEIR MONEY?

HOW DOES THIS SOUND - ?

1 - I GET 5.1% APR ON MY CHECKING ACCOUNT BALANCE.

2 - NO ATM FEES - EVER - FROM ANY ATM MACHINE IN THE WORLD.

3 - FREE CHECKS.

4 - A MONTHLY DIVIDEND BASED ON THE PROFITS OF MY CREDIT UNION.

SO, IF ALL OF YOU SHREWD MONEY PROFESSIONALS OUT THERE HAVE A BETTER WAY..............

SHOW ME!

BANKS LOVE STUPID PEOPLE.

Patrick
Mesa, Arizona
U.S.A.
Revenue/Profit Correllation
Quote:

'I NEED TO COMMENT ON THE FOLLOWING PIECE OF BRILLIANT RESEARCH.........

I'm looking at BofA's 07 Annual Report.

YOU NEED TO DO MORE THAN "LOOK".

They had $47.682 billion in revenue from global consumer and small business operations.

SO?

Only $6 billion of it was from ALL of their service fees, which is 12.6%, not 30%, and that is assuming that ALL of the fees are NSF.'

SHOW ME THE NUMBERS. DON'T WASTE YOUR TIME. NO ONE KNOWS THE TRUE NUMBERS - LEAST OF ALL YOU.

QUESTION - WHAT DOES 'REVENUE' MEAN?

QUESTION - HOW DOES ONE CORRELATE 'REVENUE' WITH PROFITS?'

Unquote.

QUOTE FROM OUR FRIEND PATRICK -

"Doesn't matter if you're talking about total revenue generated, or profits."

THIS IS TRULY ENLIGHTENING.

"The percentage is still the same."

WHAT THE HELL DOES THIS MEAN? ARE YOU STUPID?

" Profit is what's left from the generated revenue after you deduct expenses."

YOU'RE A JOKER - AT BEST.

"You can't say profits were $20 Billion and still say Fees were $6 Billion, which would be 30%."

WHY NOT? THE 'BOOK COOKERS' CAN SAY WHAT THEY WISH.

"The profits from Fees would still be $2.52 Billion, or 12.6%. Apples to apples and all that."

HOW IS IT POSSIBLE YOU CAN SAY THAT?

MAYBE WE SHOULD ADD DRUG USE TO THE RIGHTS OF AMERICANS.

"And they're right, you need to go get a refund on your tuition. You were ripped off."

NO QUESTION ON THAT ONE. I HAVE WANTED A REFUND FOR YEARS, AS I HAVE STATED MANY TIMES.

THANKS FOR YOUR RESPONSE. PLEASE THINK BEFORE YOU POST.

JUST WANTED TO ASK YOU - WHAT APR DO YOU RECEIVE ON YOUR CHECKING ACCOUNT BALANCE?

PLEASE ILLUMINATE ME.

GOOD LUCK OUT THERE!

PLEASE NOTE - "Correllation" IS SPELLED "CORRELATION" - TRY TO BE ACCURATE WHEN POSTING YOUR VERSION OF REALITY.

Quote:

'I NEED TO COMMENT ON THE FOLLOWING PIECE OF BRILLIANT RESEARCH.........

I'm looking at BofA's 07 Annual Report. They had $47.682 billion in revenue from global consumer and small business operations. Only $6 billion of it was from ALL of their service fees, which is 12.6%, not 30%, and that is assuming that ALL of the fees are NSF.'

QUESTION - WHAT DOES 'REVENUE' MEAN?

QUESTION - HOW DOES ONE CORRELATE 'REVENUE' WITH PROFITS?'

Unquote.

Doesn't matter if you're talking about total revenue generated, or profits. The percentage is still the same. Profit is what's left from the generated revenue after you deduct expenses. You can't say profits were $20 Billion and still say Fees were $6 Billion, which would be 30%. The profits from Fees would still be $2.52 Billion, or 12.6%. Apples to apples and all that.

And they're right, you need to go get a refund on your tuition. You were ripped off.

THANKS GUYS! DIALOG HAS THE POWER TO CHANGE BAD THINGS!

KEEP IT UP - FORWARD THIS WEB SITE TO EVERYONE YOU KNOW!

I NEED TO COMMENT ON THE FOLLOWING PIECE OF BRILLIANT RESEARCH.........

I'm looking at BofA's 07 Annual Report. They had $47.682 billion in revenue from global consumer and small business operations. Only $6 billion of it was from ALL of their service fees, which is 12.6%, not 30%, and that is assuming that ALL of the fees are NSF.'

QUESTION - WHAT DOES "REVENUE" MEAN?

QUESTION - HOW DOES ONE CORRELATE "REVENUE" WITH PROFITS?

$47,682 BILLION? SO WHAT'S THE BIG DEAL?

ANYWAY, I'M GLAD THAT PEOPLE ARE AT LEAST BEGINNING TO THINK AND EVALUATE THEIR BANKING CHOICES.

KEEP IT UP!

THANKS!

Thanks for the annual report info as follows:

"You mentioned that 30% of their revenue comes from NSF charges. Facts please.

I'm looking at BofA's 07 Annual Report. They had $47.682 billion in revenue from global consumer and small business operations. Only $6 billion of it was from ALL of their service fees, which is 12.6%, not 30%, and that is assuming that ALL of the fees are NSF."

I have to wonder if these numbers are "cooked". Not by you but BoA.

12.6%???? Doesn't seem right.

By looking at Rip Off Report most Americans can't spell or put a sentence together.

Knowing Americans can't even spell it stands to reason they can't do math either.

12.6% sounds fishy. I'm betting on the 30% if not higher.

Thats all.

Haven't you guys figured out yet that Bank of Americal Lover is just Super Genius reincarnated (see Report 277174)?

Stop feeding the troll and he'll shrivel up and die.

Haven't you guys figured out yet that Bank of Americal Lover is just Super Genius reincarnated (see Report 277174)?

Stop feeding the troll and he'll shrivel up and die.

Haven't you guys figured out yet that Bank of Americal Lover is just Super Genius reincarnated (see Report 277174)?

Stop feeding the troll and he'll shrivel up and die.

Haven't you guys figured out yet that Bank of Americal Lover is just Super Genius reincarnated (see Report 277174)?

Stop feeding the troll and he'll shrivel up and die.

Your entire argument is based on your statement that keeping an accurate check register doesn't save you from getting NSF fees. I posted a simple example above showing how it does.

Can you post a similar basic post calmly and without hyperbole explain your position? Since you are an "MBA", this should be easy for you. I mean, after all, my designations make it easy for ME, yours should as well. All you need is addition, subtraction and some common sense.

Until you can prove your point, you aren't doing or saying anything more than anyone else here who spent money they didn't have and is blaming it on the posting order.

Provide the facts.

You mentioned that 30% of their revenue comes from NSF charges. Facts please.

I'm looking at BofA's 07 Annual Report. They had $47.682 billion in revenue from global consumer and small business operations. Only $6 billion of it was from ALL of their service fees, which is 12.6%, not 30%, and that is assuming that ALL of the fees are NSF.

(((Redacted))


I'm not defending BofA. I loved NationsBank and hated BofA since the merger was finalized. I agree that credit unions may be the best alternative if you don't have a regional/local bank that still cares about keeping their customers.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

What your non-supporters are not getting is that Banks, all Banks are a scam.

Remember the day when you actually drew interest off of your money? Remember the day when Banks asked you to deposit your money into their Bank so they could lend your money to someone else? You recieved something in return for doing this, it was called earning interest.

Remember the day when Banks were regulated? When agreements were made where both the Bank and the Depositor had a meeting of the minds?

Remember the day when your Bank did not set out to decieve you with fine print and clauses that allow THEM to change the terms of the agreement at will?

So what if you read and understand the fine print. The Bank can still change the Terms of the agreement whenever they want. Thats what the fine print says to anyone who agrees to use the Bank.

And whats up with these debit cards anyway? If your account is $0 why is the card not declined at the point of purchase? FEES, FEES, FEES.

The Bank knows that 30% of debit card holders will make accounting mistakes. These card holders aren't bad people.

Here's a scenerio...You come home from a hard day of work and enter all of your debits into your check register. Oops, its been a long day, you've made an error in the hundreds column. Your math idicates that your account balance is $100. Go to bed.

Get up for work the next day. You stop for gas on the way, $20. Grab some lunch, $7. On the way home you stop at the drugstore to pick up your RX, $10.

Overdraft fee, $35, $35, $35.

Shoot, thought I had $100 in my account. Check your math, Oops, my bad.

$105 in fees. Call the bank. Treated like a loser and a scammer. Bank will not waive any of the three fees.

Why were the transactions allowed if there was no money in the account in the first place?

FEES, FEES, FEES.

To Learn more about Banks and Credit Card Companies I recommend the "Debtonator".

What your non-supporters are not getting is that Banks, all Banks are a scam.

Remember the day when you actually drew interest off of your money? Remember the day when Banks asked you to deposit your money into their Bank so they could lend your money to someone else? You recieved something in return for doing this, it was called earning interest.

Remember the day when Banks were regulated? When agreements were made where both the Bank and the Depositor had a meeting of the minds?

Remember the day when your Bank did not set out to decieve you with fine print and clauses that allow THEM to change the terms of the agreement at will?

So what if you read and understand the fine print. The Bank can still change the Terms of the agreement whenever they want. Thats what the fine print says to anyone who agrees to use the Bank.

And whats up with these debit cards anyway? If your account is $0 why is the card not declined at the point of purchase? FEES, FEES, FEES.

The Bank knows that 30% of debit card holders will make accounting mistakes. These card holders aren't bad people.

Here's a scenerio...You come home from a hard day of work and enter all of your debits into your check register. Oops, its been a long day, you've made an error in the hundreds column. Your math idicates that your account balance is $100. Go to bed.

Get up for work the next day. You stop for gas on the way, $20. Grab some lunch, $7. On the way home you stop at the drugstore to pick up your RX, $10.

Overdraft fee, $35, $35, $35.

Shoot, thought I had $100 in my account. Check your math, Oops, my bad.

$105 in fees. Call the bank. Treated like a loser and a scammer. Bank will not waive any of the three fees.

Why were the transactions allowed if there was no money in the account in the first place?

FEES, FEES, FEES.

To Learn more about Banks and Credit Card Companies I recommend the "Debtonator".

What your non-supporters are not getting is that Banks, all Banks are a scam.

Remember the day when you actually drew interest off of your money? Remember the day when Banks asked you to deposit your money into their Bank so they could lend your money to someone else? You recieved something in return for doing this, it was called earning interest.

Remember the day when Banks were regulated? When agreements were made where both the Bank and the Depositor had a meeting of the minds?

Remember the day when your Bank did not set out to decieve you with fine print and clauses that allow THEM to change the terms of the agreement at will?

So what if you read and understand the fine print. The Bank can still change the Terms of the agreement whenever they want. Thats what the fine print says to anyone who agrees to use the Bank.

And whats up with these debit cards anyway? If your account is $0 why is the card not declined at the point of purchase? FEES, FEES, FEES.

The Bank knows that 30% of debit card holders will make accounting mistakes. These card holders aren't bad people.

Here's a scenerio...You come home from a hard day of work and enter all of your debits into your check register. Oops, its been a long day, you've made an error in the hundreds column. Your math idicates that your account balance is $100. Go to bed.

Get up for work the next day. You stop for gas on the way, $20. Grab some lunch, $7. On the way home you stop at the drugstore to pick up your RX, $10.

Overdraft fee, $35, $35, $35.

Shoot, thought I had $100 in my account. Check your math, Oops, my bad.

$105 in fees. Call the bank. Treated like a loser and a scammer. Bank will not waive any of the three fees.

Why were the transactions allowed if there was no money in the account in the first place?

FEES, FEES, FEES.

To Learn more about Banks and Credit Card Companies I recommend the "Debtonator".

THIS IS EVEN MORE GOOFY -

Robert
Buffalo, New York
U.S.A.
ROBERT WRITES -

It should be obvious by now.

GOOD GOD I HOPE SO!

Isn't it obvious that this author is just looking for a fight?

EXACTLY! YOU'RE A WIZARD!
I WANT A FIGHT SINCE OUR ELECTED REPRESENTATIVES REFUSE TO FIGHT FOR US!

Isn't it obvious that this author cannot function at an adult level? All this person can do is repeatedly state 'stupid, ignorant, etc'

I NEVER STATED ETC' WHAT IS ETC' - AN ERROR IN PUNCTUATION? OR, EST YOU ARE CLEARLY A CANDIDATE!

This is along the lines of 'I know you are but what am I?' Most kids outgrow this nonsense somewhere around age 10

YOU ARE MISTAKEN IF I WAS 10, I WOULD BANK AT BANK OF AMERICA MAYBE.

as their cognitive, language, and problem solving skills develop.

BRUSH UP ON YOUR LIMITED SKILLS. WHAT IS YOUR APR ON YOUR CHECKING ACCOUNT? IS IT MORE THAN 5%? IS THIS SO COMPLICATED TO UNDERSTAND?

Isn't it obvious that this author doesn't have a funtional education,

FUNTIONAL - PLEASE EXPLAIN THE CODE WORDS.

let alone an MBA? A NORMAL MBA is a masters in business administration. As part of the cirriculum, the student must learn about how the Fed operates, cost, risk analysis, statistical analysis techniques, etc. The mathmatical proficiencies are significant.

CIRRICULUM AND MATHMATICAL YOUR PROFICIENCIES ARE SIGNIFICANT, AND PROFOUND.

Yet, simple algorithms gives this fool problems?

THIS IS AMUSING LET'S ADD ILLITERATE TO THE LIST OF PEOPLE WHO CONTINUE TO UTILIZE AMERICAN BANKS.

The best we can do at this point is simply ignore this fool. The best this fool can do is return to school.

NOT A CHANCE! I ALREADY HAVE WASTED ENOUGH TIME AND MONEY FEEDING THE PARASITIC PROFESSORS.

I think we've wasted enough time with this creep.

CREEP TO MOVE SILENTLY. YOUR COMMAND OF THE LANGUAGE IS REMARKABLE.

There is no helping people as this.

I DO NEED HELP PLEASE HELP TO ENCOURAGE AMERICANS TO EXPLORE THEIR BANKING OPTIONS.

Eventually, we'll see a ROR about the credit union when the credit union tacks on an OD/NSF fee for an overdraft or bounced check.

ROR? PLEASE, ENOUGH OF THIS SECRET ILLITERATE CODE.

PLEASE - ENOUGH OF THESE BUFFALO CHIPS.

THANKS FOR YOUR CONTRIBUTION. YOU ARE PROOF AMERICAN FREEDOMS ARE ALIVE AND WELL.

Isn't it obvious that this author is just looking for a fight?

Isn't it obvious that this author cannot function at an adult level? All this person can do is repeatedly state "stupid, ignorant, etc" This is along the lines of "I know you are but what am I?" Most kids outgrow this nonsense somewhere around age 10 as their cognitive, language, and problem solving skills develop.

Isn't it obvious that this author doesn't have a funtional education, let alone an MBA? A NORMAL MBA is a masters in business administration. As part of the cirriculum, the student must learn about how the Fed operates, cost, risk analysis, statistical analysis techniques, etc. The mathmatical proficiencies are significant.

Yet, simple algorithms gives this fool problems?

The best we can do at this point is simply ignore this fool. The best this fool can do is return to school.

I think we've wasted enough time with this creep. There is no helping people as this. Eventually, we'll see a ROR about the credit union when the credit union tacks on an OD/NSF fee for an overdraft or bounced check.

"Bank of america lover" [Notice the lack of capitalization],

I am not going to forever go back and forth with you on this.
The FACTS speak for themselves.

People who properly manage thier accounts do not pay NSF fees. Ever.
That is a fact.
I have proven it.
I do not pay NSF fees.

Only MORONS [like you] pay NSF fees.
Go back to 3rd grade, learn basic math and how to "capitalize" where needed.

Posting order of transactions is TOTALLY IRRELEVENT if you maintain an accurate register and spend ONLY money that is AVAILABLE for use in your account.

Here is a hint for you.

DO NOT EVER USE ONLINE BANKING to determine your AVAILABLE balance.
DO NOT EVER USE AN ATM to determine your AVAILABLE balance.
DO NOT EVER USE TELEPHONE BANKING to determine your AVAILABLE balance.

Go back to basics.
Keep an ACCURATE checkbook register.
Balance your checkbook register against your statement every month.
Record transactions IMMEDIATELY, every time, in your register.

If you do these things, even a total moron like you can avoid NSF fees.
Guaranteed.


>>>
Submitted: 12/14/2008 7:14:59 PM
Modified: 12/14/2008 10:34:40 PM Bank of america lover
Climax, Michigan
U.S.A.

SADLY, IGNORENCE AND STUPIDITY HAS NO LIMITS.
THIS IS BORING - REDUNDANCY - ALL OVER AGAIN.
>>>

You claim that keeping a check register won't help. Well, let's see...

I have $1,000 checking balance on Day 1

Day 2 - Write in minus $500 (check)
Day 3 - Write in minus $500 (Check)
Day 4 - Look at your balance in your register, you have zero, you can't use the card even though your online balance shows $1,000

Day 5 - Write in plus $25
Day 6 - Write in minus $2.00 (ATM fees)
Day 7 - Go to by $25 groceries, you can't if you look at your register.

If you ACCURATELY keep track of all fees, debits, purchases in a register there is no way you can go negative, regardless of posting time or dates

>>WHAT QUESTION?>If I have $1,000 in available funds and $910 in checks and debits, how can BofA or any other bank manipulate those transactions to cause my account to overdraft?

IN THIS CASE - YOU ARE TOTALLY SAFE.>YOU MISS ONE POINT - AS YOUR MONEY SITS IN YOUR CHECKING ACCOUNT, HOW MUCH IS IT EARNING? ZERO, I WOULD THINK.
Which account? My checking account at US Bank actually does earn interest- though not 5%. That account also gets a pitifully low percent back on check card purchases, but my Paypal check card has a better rate. My checking account at BofA doesn't pay any interest that I know of and I do have a checking account at the credit union that gave me my car loan. I believe that checking account offers a higher rate.

THIS IS BORING - REDUNDANCY - ALL OVER AGAIN.

STEVE WRITES -
Steve
Bradenton, Florida
U.S.A.
It still comes down to just keeping an ACCURATE checkbook register. So simple.

YOU ARE SIMPLE.

It makes no difference if you check bouncers agree with me or not.
The FACTS dictate that ONLY those who cannot manage a simple check register are the ones who pay NSF fees.

YOU ARE IGNORANT.

Further, I prove this statement

PROVE IT.

because I do not pay NSF fees. Ever.
And, I can run my balance down to less than a dollar. No problem.

LESS THAN A DOLLAR? .01 CENT WILL TRIGGER A OD FEE.

It comes down to simple 3rd grade math, and discipline.
Nothing more.

GOOD GOD.

But the fact remains that people are in too big of a hurry to properly manage the checking account they have with an accurate checkbook register.

YOU HAVE AN INCREDIBLE GRASP OF HUMANITY.

As stated before, people who pay NSF fees are the MINORITY of accountholders.

SHOW ME THE NUMBERS, PLEASE.

Furthermore, there is no magic software that can take money from a properly managed account. If the funds are posted and available BEFORE the transaction is initiated, there will be no NSF fee. Guaranteed.

THIS IS GOOD STUFF.

That software you bank people keep talking about ONLY affects people who OD the account. Then, the software maximizes fees on the defaulted account.

No big secret.

IT SEEMS AS IF ONLY YOU ARE AWARE OF THIS SECRET.

If I am so wrong, how come I banked with BofA for over 14 years with no problems?
And, I had multiple accounts in multiple states and travelled extensively.
No problems. Ever.

HITCHHIKING FROM FLORIDA TO MISSISSIPPI DOES NOT QUALIFY.

Wh?

WH? AS IN WHICH WAY?

Because I maintained an ACCURATE checkbook register, and never initiated a debit transaction or wrote a check unless the funds were in the account and available for use.

SO, YOUR HITCHHIKING WAS POSSIBLE BECAUSE YOU NEVER INITIATED A DEBIT TRANSACTION?

Not rocket science here.

HOW WOULD YOU POSSIBLY KNOW? PLEASE ILLUMINATE ME.

So, Mr. MBA....You need to seek a refund of that college tuition, because you are a moron.

I WILL TAKE YOUR ADVICE AND REQUEST A REFUND. I WAS A MORON, AS YOU ARE. I GOT SMART - YOU HAVE A LONG WAY TO GO.


ConsumerComment
Submitted: 12/14/2008 9:31:44 AM
Modified: 12/14/2008 9:38:14 AM
ConsumerComment
Edgeman
Chico, California
U.S.A.

EDGEMAN WRITES -

Still no answer to my question...

WHAT QUESTION?

I asked a question in a prior rebuttal that only somebody with an MBA could answer. ;)

SO, THE QUESTION IS...........

If I have $1,000 in available funds and $910 in checks and debits, how can BofA or any other bank manipulate those transactions to cause my account to overdraft?

IN THIS CASE - YOU ARE TOTALLY SAFE.

Thank You

AND THANK YOU FOR EXPRESSING YOUR FREEDOM TO COMMENT, QUESTION, AND HELPING OTHERS LEARN HOW TO MANAGE THEIR MONEY.

YOU MISS ONE POINT - AS YOUR MONEY SITS IN YOUR CHECKING ACCOUNT, HOW MUCH IS IT EARNING? ZERO, I WOULD THINK.

MY MONEY, AS IT SITS IN MY CHECKING ACCOUNT EARNS OVER 5% APR. ADDITIONALLY, I AM PAID MONTHLY DIVIDENDS.

THIS IS PART OF OWNING A PORTION OF A "CREDIT UNION".

DO SOME HOMEWORK - POST WHAT YOU HAVE DISCOVERED.

I LOOK FORWARD TO YOUR COMMENTS. I THINK THERE MAY BE HOPE FOR YOU!

I asked a question in a prior rebuttal that only somebody with an MBA could answer. ;)

If I have $1,000 in available funds and $910 in checks and debits, how can BofA or any other bank manipulate those transactions to cause my account to overdraft?

It makes no difference if you check bouncers agree with me or not.
The FACTS dictate that ONLY those who cannot manage a simple check register are the ones who pay NSF fees.

Further, I prove this statement because I do not pay NSF fees. Ever.
And, I can run my balance down to less than a dollar. No problem.

It comes down to simple 3rd grade math, and discipline.
Nothing more.

But the fact remains that people are in too big of a hurry to properly manage the checking account they have with an accurate checkbook register.

As stated before, people who pay NSF fees are the MINORITY of accountholders.

Furthermore, there is no magic software that can take money from a properly managed account. If the funds are posted and available BEFORE the transaction is initiated, there will be no NSF fee. Guaranteed.

That software you bank people keep talking about ONLY affects people who OD the account. Then, the software maximizes fees on the defaulted account.

No big secret.

If I am so wrong, how come I banked with BofA for over 14 years with no problems?
And, I had multiple accounts in multiple states and travelled extensively.
No problems. Ever.

Wh? Because I maintained an ACCURATE checkbook register, and never initiated a debit transaction or wrote a check unless the funds were in the account and available for use.

Not rocket science here.

So, Mr. MBA....You need to seek a refund of that college tuition, because you are a moron.

It makes no difference if you check bouncers agree with me or not.
The FACTS dictate that ONLY those who cannot manage a simple check register are the ones who pay NSF fees.

Further, I prove this statement because I do not pay NSF fees. Ever.
And, I can run my balance down to less than a dollar. No problem.

It comes down to simple 3rd grade math, and discipline.
Nothing more.

But the fact remains that people are in too big of a hurry to properly manage the checking account they have with an accurate checkbook register.

As stated before, people who pay NSF fees are the MINORITY of accountholders.

Furthermore, there is no magic software that can take money from a properly managed account. If the funds are posted and available BEFORE the transaction is initiated, there will be no NSF fee. Guaranteed.

That software you bank people keep talking about ONLY affects people who OD the account. Then, the software maximizes fees on the defaulted account.

No big secret.

If I am so wrong, how come I banked with BofA for over 14 years with no problems?
And, I had multiple accounts in multiple states and travelled extensively.
No problems. Ever.

Wh? Because I maintained an ACCURATE checkbook register, and never initiated a debit transaction or wrote a check unless the funds were in the account and available for use.

Not rocket science here.

So, Mr. MBA....You need to seek a refund of that college tuition, because you are a moron.

It makes no difference if you check bouncers agree with me or not.
The FACTS dictate that ONLY those who cannot manage a simple check register are the ones who pay NSF fees.

Further, I prove this statement because I do not pay NSF fees. Ever.
And, I can run my balance down to less than a dollar. No problem.

It comes down to simple 3rd grade math, and discipline.
Nothing more.

But the fact remains that people are in too big of a hurry to properly manage the checking account they have with an accurate checkbook register.

As stated before, people who pay NSF fees are the MINORITY of accountholders.

Furthermore, there is no magic software that can take money from a properly managed account. If the funds are posted and available BEFORE the transaction is initiated, there will be no NSF fee. Guaranteed.

That software you bank people keep talking about ONLY affects people who OD the account. Then, the software maximizes fees on the defaulted account.

No big secret.

If I am so wrong, how come I banked with BofA for over 14 years with no problems?
And, I had multiple accounts in multiple states and travelled extensively.
No problems. Ever.

Wh? Because I maintained an ACCURATE checkbook register, and never initiated a debit transaction or wrote a check unless the funds were in the account and available for use.

Not rocket science here.

So, Mr. MBA....You need to seek a refund of that college tuition, because you are a moron.

It makes no difference if you check bouncers agree with me or not.
The FACTS dictate that ONLY those who cannot manage a simple check register are the ones who pay NSF fees.

Further, I prove this statement because I do not pay NSF fees. Ever.
And, I can run my balance down to less than a dollar. No problem.

It comes down to simple 3rd grade math, and discipline.
Nothing more.

But the fact remains that people are in too big of a hurry to properly manage the checking account they have with an accurate checkbook register.

As stated before, people who pay NSF fees are the MINORITY of accountholders.

Furthermore, there is no magic software that can take money from a properly managed account. If the funds are posted and available BEFORE the transaction is initiated, there will be no NSF fee. Guaranteed.

That software you bank people keep talking about ONLY affects people who OD the account. Then, the software maximizes fees on the defaulted account.

No big secret.

If I am so wrong, how come I banked with BofA for over 14 years with no problems?
And, I had multiple accounts in multiple states and travelled extensively.
No problems. Ever.

Wh? Because I maintained an ACCURATE checkbook register, and never initiated a debit transaction or wrote a check unless the funds were in the account and available for use.

Not rocket science here.

So, Mr. MBA....You need to seek a refund of that college tuition, because you are a moron.

GUYS - IT IS INDEED DIFFICULT FOR A ROCK TO BLEED!

Striderq
Columbia, South Carolina
U.S.A.
Question for you...

If the bank's software is setup to 'ensure' you have overdrafts, then how does the vast majority of bank customers keep from being accessed these fees? The statement was made that the minority of account holders are paying these fees and your response was what percentage of bank income the fees represent. Actually, both of these statements are correct and are not mutually exclusive.

REALLY?

If you look at the number of people posting here, whining about paying OD fees versus the numbers of accounts that bank has, you will see that the people gettinf fees are in the minority of numbers of accounts.

MOST PEOPLE PAY - AND SAY NOTHING. THEY BLAME THEMSELVES. IN THE AMERICAN WAY, ONCE PEOPLE HAVE HAD ENOUGH OF THIS CRAP THEY GATHER TOGETHER, VOTE, AND TRUST THEIR ELECTED OFFICIALS TO CONDUCT THEMSELVES IN A HONEST, ETHICAL, AND TRUSTWORTHY MANNER.

YOU BILLY "STAINED DRESS" CLINTON FANS PERHAPS INHALED TOO MUCH?

And yes these fees make up around 30& of the bank's income, because these people, like yourself, do not want to accept the fact that they can avoid the fees by maintaining an accurate register and by not spending money they don't have or is not available. No you, and they, chose to believe in victimization because, Lord knows they're smart enough to know addition.

I'M PRETTY GOOD WITH ADDITION - IT'S ALGORITHMS THAT TRICK ME INTO ERROR. IT'S A JUNGLE OUT THERE!

By the way, yes this post is entertaining, but it's actually your posts providing it.

THANKS. ENTERTAINMENT IS VITAL TO MAINTAIN SANITY. (DR. FREUD)

WE ARE ALL VICTIMIZED BY THE BANKING SYSTEM. EVEN YOU, DR. STRIDERG, WHO CAN TRULY MAINTAIN A PERFECT ACCOUNT, ARE A VICTIM. YOU PAY, AS WE ALL PAY FOR THE BANKS POOR AND EVIL BUSINESS ETHICS. EXCESSIVE INTEREST RATES, AND NOW, EVEN ALL TAXPAYERS ARE PAYING TO BAIL THESE THIEVES OUT.

SIMPLE MATHEMATICS ARE UNABLE TO ACCOUNT FOR THE BANK'S METHOD OF POSTING MONETARY MOVEMENT. THE BANKS EVEN STATE THIS IN THEIR 'FINE PRINT'. YOU WOULD BENEFIT FROM DOING SOME SIMPLE READING.


ConsumerComment
Submitted: 12/13/2008 11:07:40 AM
Modified: 12/13/2008 11:11:42 AM
ConsumerComment
Jim
Anaheim, California
U.S.A.
Proved Me Right - AGAIN

You're absolutely right

YES, I KNOW.

in that rocks don't know they're dumb. That's the point, neither do you.

I'M CERTAIN ROCKS ARE INDEED DUMB.

If you think for a second this bank is any worse or better than any other bank - you're mistaken. They are all the same. Picking on BofA is simply a fool's errand. You may as well pick on Wells, Chase, and all of the other surviving banks.

YES, THEY ARE ALL EVIL.

As someone already pointed out, the money you spent on an MBA is a waste.

YES, I POINTED THAT OUT! I WANT A REFUND! YOU NEED A MEMORY!

As I said, I have them for clients, and the one's I have for clients are really dumber than rocks.

THE FACT THAT YOU WASH THEIR CARS ENTITLES YOU TO VIEW THEM AS "CLIENTS"? THAT'S PRESUMPTUOUS, AT BEST.

You're worse in that you're looking for conspiracies in this as well. There are no conspiracies and nowhere for you to go on this, except to keep an accurate check register.

THIS IS GETTING REALLY STUPID - OR IGNORANT - DIFFICULT TO SEE THE DIFFERENCE AT TIMES.

ConsumerComment
Submitted: 12/13/2008 4:26:56 PM
Modified: 12/13/2008 4:49:33 PM
ConsumerComment
Robert
Buffalo, New York
U.S.A.
Not a pretty picture indeed!

'' 'Steve was absolutely correct-maintain an accurate account register, don't spend money you don't have, and you will NEVER pay an OD or NSF fee. The overwhelming majority of consumer banking customers have no problem with BOA and other banks. Folks as you who suffer multiple NSF fees are a MINORITY.'

GUESS AGAIN! NSF's AND OD's REPRESENT OVER 30% OF A TYPICAL BANKS REVENUE! LOOK IT UP AND GET EDUCATED BEFORE YOU EMBARRASS YOURSELF EVEN FURTHER.''

I was writing about the customer base of banks, not the profit sources. Let me simplify it for your MBA (more bullcrap answers) enhanced brain:

OK - I WILL TRY AND COMPREHEND.

A bank has 1000 consumer customers.

WOW.

Out of this customer base of 1000, 600 customers NEVER get an OD/NSF fee,

REALLY? SHOW ME THE DATA.

300 customers get ONE OD/NSF and learn their lesson (they make the effort to learn how the OD/NSF was generated and adapt their banking practices to ensure it NEVER happens again),

MORE DATA, PLEASE.

and 100 customers get multiple OD/NSF fees (as you do.)

HOW DO YOU KNOW THIS? PLEASE. MORE ACCURATE DATA.

The group of customers that repeatedly get hit with OD/NSF fees is 10 percent of the customer base; hence, a MINORITY.

THIS DATA IS INCREDIBLE. YOU MUST BE A GENIUS.

100 (customers that get multiple OD/NSF fees) divided by 1000 (total consumer customers) multiplied by 100 = 10 percent.

THIS IS STUNNING, REAL WORLD DATA. YOUR THINKING IS BEYOND COMPREHENSION.

Got it yet Ms. MBA?

YOU'RE A REAL BALL BUSTER!

I was not writing about the sources of bank profits.

WHAT AND WHY ARE YOU WRITING?

I'm surprised that someone with your demonstrated lack of comprehension of written material could earn an MBA.

SOMEONE WITH YOUR INTELLECT IS EASILY SURPRISED.

Then again, your lack of comprehension ability would certainly explain how you are assessed multiple OD/NSF fees.

OUCH! THAT REALLY HIT HOME!

I'm not embarassed in the slightest

THAT'S FOR SURE. STUPID IS TOO STUPID TO KNOW STUPID.

, but YOU should be. Especially since you claim to have an MBA degree. A claim that I simply do not believe.

THAT IS COMPLETELY UNDERSTANDABLE.

'So simple.'

Indeed it is. It's unfortunate that it's too simple for you and your MBA to figure out. You claim to have spent $200 K for an education and your MBA, and yet you can't seem to problem solve effectively. The overwhelming majority of banking customers learn how the fees are assessed and adjust their banking actions to avoid such fees.

CORRECT! YET, 30% OF BANK REVENUE CONTINUES TO BE DERIVED FROM NSF's AND OD's. HOW IS THIS POSSIBLE?

You on the other hand, with your mighty (and expensive) education and superior analytical skills determine that it is more effective to go on the internet WHINING about the fees and discounted everything folks (who DON'T get hit with these fees) tells you how to avoid them.

I APPRECIATE YOUR ASSISTANCE. I THINK.

Is it any wonder I (and probably others here) don't believe your educational credentials? At this point, I'm beginning to doubt if you could successfully complete a GED examination.

WHAT IS A GED EXAMINATION? SOUNDS LIKE A RECTAL THING?

'' 'They are busily converting the USA into the USSA-United Socialist States of America. The Fed has recently federalized one third of the US banking industry and the US auto industry.'

PLEASE ILLUMINATE ME. I MUST HAVE MISSED THIS! ''

I guess you did. I suppose you were too busy admiring your MBA over the mantel to notice that Congress approved a $700 BILLION 'bailout' of the US banking industry.

GOOD GOD - HOW DID THIS HAPPEN?

In stead of purchasing the bad loans these institutions granted, the Fed has been buying STOCKS in these failing businesses, so far owning about one third of the US Banking industry.

SO, YOU'RE HAPPY WITH YOUR TAX DOLLARS BUYING BAD LOANS? YOU NEED THE RECTAL GED THING.

As I write this, Congress is trying to come up with another scheme to purchase a large portion of the US Auto industry.

YES, MORE OF YOUR TAX DOLLARS AND YOUR ELECTED OFFICIALS DOING YOUR WISHES.

When government buys up private businesses it's called SOCIALISM. Take a look at France if you need an example.

YOU ARE A BIT MISGUIDED - STUPID - OR IGNORANT - WHATEVER.

'' 'Currently, the Fed comprises ONE dollar of every 4 in economic activity in the US economy. This level of government movement in the economy has not been seen since WWII and after the recession in the late 1980's.'

TODAY I HEARD ONE IN TEN. BUT, WHO'S COUNTING? WHO CARES, NOT OUR GOVERNMENT FOR SURE!''

USA Today had an informative article about this the other day. The figure quoted from a recent study was one dollar in four of US economic activity.

I'M THINKING THE USA TODAY NEEDS A GED RECTAL EXAM. PERHAPS YOU SHOULD VOLUNTEER?

For those of us who NEVER get a bank fee, luck is not a factor.

AND YOUR GED IS A FACTOR?

For folks as you-I suppose you should hope for luck as you seem incapable of resolving the OD/NSF situation on your own.

I MORE THAN HOPE FOR LUCK - I PRAY FOR LUCK.

GOOD LUCK AND GOD BLESS!

"" 'Steve was absolutely correct-maintain an accurate account register, don't spend money you don't have, and you will NEVER pay an OD or NSF fee. The overwhelming majority of consumer banking customers have no problem with BOA and other banks. Folks as you who suffer multiple NSF fees are a MINORITY.'

GUESS AGAIN! NSF's AND OD's REPRESENT OVER 30% OF A TYPICAL BANKS REVENUE! LOOK IT UP AND GET EDUCATED BEFORE YOU EMBARRASS YOURSELF EVEN FURTHER.""

I was writing about the customer base of banks, not the profit sources. Let me simplify it for your MBA (more bullcrap answers) enhanced brain:

A bank has 1000 consumer customers. Out of this customer base of 1000, 600 customers NEVER get an OD/NSF fee, 300 customers get ONE OD/NSF and learn their lesson (they make the effort to learn how the OD/NSF was generated and adapt their banking practices to ensure it NEVER happens again), and 100 customers get multiple OD/NSF fees (as you do.) The group of customers that repeatedly get hit with OD/NSF fees is 10 percent of the customer base; hence, a MINORITY.

100 (customers that get multiple OD/NSF fees) divided by 1000 (total consumer customers) multiplied by 100 = 10 percent.

Got it yet Ms. MBA?

I was not writing about the sources of bank profits. I'm surprised that someone with your demonstrated lack of comprehension of written material could earn an MBA. Then again, your lack of comprehension ability would certainly explain how you are assessed multiple OD/NSF fees.

I'm not embarassed in the slightest, but YOU should be. Especially since you claim to have an MBA degree. A claim that I simply do not believe.

'So simple.'

Indeed it is. It's unfortunate that it's too simple for you and your MBA to figure out. You claim to have spent $200 K for an education and your MBA, and yet you can't seem to problem solve effectively. The overwhelming majority of banking customers learn how the fees are assessed and adjust their banking actions to avoid such fees. You on the other hand, with your mighty (and expensive) education and superior analytical skills determine that it is more effective to go on the internet WHINING about the fees and discounted everything folks (who DON'T get hit with these fees) tells you how to avoid them.

Is it any wonder I (and probably others here) don't believe your educational credentials? At this point, I'm beginning to doubt if you could successfully complete a GED examination.

"" 'They are busily converting the USA into the USSA-United Socialist States of America. The Fed has recently federalized one third of the US banking industry and the US auto industry.'

PLEASE ILLUMINATE ME. I MUST HAVE MISSED THIS! ""

I guess you did. I suppose you were too busy admiring your MBA over the mantel to notice that Congress approved a $700 BILLION "bailout" of the US banking industry. In stead of purchasing the bad loans these institutions granted, the Fed has been buying STOCKS in these failing businesses, so far owning about one third of the US Banking industry.

As I write this, Congress is trying to come up with another scheme to purchase a large portion of the US Auto industry.

When government buys up private businesses it's called SOCIALISM. Take a look at France if you need an example.

"" 'Currently, the Fed comprises ONE dollar of every 4 in economic activity in the US economy. This level of government movement in the economy has not been seen since WWII and after the recession in the late 1980's.'

TODAY I HEARD ONE IN TEN. BUT, WHO'S COUNTING? WHO CARES, NOT OUR GOVERNMENT FOR SURE!""

USA Today had an informative article about this the other day. The figure quoted from a recent study was one dollar in four of US economic activity.

""GOOD LUCK GUYS - HOPE YOU WISE UP!""

For those of us who NEVER get a bank fee, luck is not a factor. For folks as you-I suppose you should hope for luck as you seem incapable of resolving the OD/NSF situation on your own.

You're absolutely right in that rocks don't know they're dumb. That's the point, neither do you. If you think for a second this bank is any worse or better than any other bank - you're mistaken. They are all the same. Picking on BofA is simply a fool's errand. You may as well pick on Wells, Chase, and all of the other surviving banks.

As someone already pointed out, the money you spent on an MBA is a waste. As I said, I have them for clients, and the one's I have for clients are really dumber than rocks. You're worse in that you're looking for conspiracies in this as well. There are no conspiracies and nowhere for you to go on this, except to keep an accurate check register.

If the bank's software is setup to 'ensure' you have overdrafts, then how does the vast majority of bank customers keep from being accessed these fees? The statement was made that the minority of account holders are paying these fees and your response was what percentage of bank income the fees represent. Actually, both of these statements are correct and are not mutually exclusive. If you look at the number of people posting here, whining about paying OD fees versus the numbers of accounts that bank has, you will see that the people gettinf fees are in the minority of numbers of accounts. And yes these fees make up around 30& of the bank's income, because these people, like yourself, do not want to accept the fact that they can avoid the fees by maintaining an accurate register and by not spending money they don't have or is not available. No you, and they, chose to believe in victimization because, Lord knows they're smart enough to know addition.
By the way, yes this post is entertaining, but it's actually your posts providing it.

Thanks guys, for expressing your views! An interesting study of people in America who refuse, for whatever reason, to Make Wise Banking Choices!

Robert
Buffalo
, New York
U.S.A.
ROBERT WRITES;

"MBA Ha!

''I have a MBA. I am unable to manage a 'checkbook register' which correlates with the statements from BOA I print out in detail, in any way.''

"You do? Then I suggest that the money you spent to obtain the MBA was a waste as it doesn't appear that you learned how to track your finances properly."

I AGREE - I SHOULD REQUEST A REFUND! I GOT SCAMMED INTO SPENDING $200k ON A WORTHLESS CERTIFICATE! UNIVERSITIES NEED TO MAKE MONEY ALSO. HOW DO YOU THINK NOTRE DAME PAYS ITS PROFESSORS? THE OLD ADAGE OF - IF YOU CAN'T MAKE IT IN BUSINESS - TEACH, IS VERY TRUE IN MANY SITUATIONS. WARD CHURCHILL COMES TO MIND.

"Steve was absolutely correct-maintain an accurate account register, don't spend money you don't have, and you will NEVER pay an OD or NSF fee. The overwhelming majority of consumer banking customers have no problem with BOA and other banks. Folks as you who suffer multiple NSF fees are a MINORITY."

GUESS AGAIN! NSF's AND OD's REPRESENT OVER 30% OF A TYPICAL BANKS REVENUE! LOOK IT UP AND GET EDUCATED BEFORE YOU EMBARRASS YOURSELF EVEN FURTHER.

'So simple.'

''WHERE ARE THE PEOPLE WE ELECTED? WHAT ARE THEY DOING?''

"They are busily converting the USA into the USSA-United Socialist States of America. The Fed has recently federalized one third of the US banking industry and the US auto industry."

PLEASE ILLUMINATE ME. I MUST HAVE MISSED THIS!


"Currently, the Fed comprises ONE dollar of every 4 in economic activity in the US economy. This level of government movement in the economy has not been seen since WWII and after the recession in the late 1980's."

TODAY I HEARD ONE IN TEN. BUT, WHO'S COUNTING? WHO CARES, NOT OUR GOVERNMENT FOR SURE!

ConsumerComment
Submitted: 12/12/2008 9:42:01 AM
Modified: 12/12/2008 11:37:34 AM
ConsumerComment
Edgeman
Chico, California
U.S.A.
Incorrect, BOFALOVER

I DON'T THINK SO!

Steve wrote >>'It makes ABSOLUTELY NO DIFFERENCE which order transactions are processed in as long as the funds are AVAILABLE before making the debit transaction or writing the check.'>Wrong. The software used by our Trusted Banking Institutions posts deposits and withdrawals which optimize these actions to incur NSF charges, only to generate revenue. This is well known and indeed stated by our Banks under the guise of paying in full large payments to ensure a large payment is made first.>Wrong again! You are stupid, ignorant, or misinformed. As are most Americans who use our banking system. The software used by Banks is probably more sophisticated than 'rocket science'! available funds= negative balance. Overdraft fees are assessed.

"Looking at the above formula, one might conclude that the negative balance is in fact triggering the overdraft fees."

EXACTLY!

"In order to prevent this from happening, one might conclude that he or she should not authorize transactions that would be drawn against funds that are not available."

AN EXCELLENT OBSERVATION! GO AND ASK ANY BANK TO AGREE TO THIS. IT'S NOT GONNA HAPPEN!

"Banks simply do not control when transactions are sent to them through ACH or when a check is presented by a third party."

CORRECT! THEY HAVE NO CONTROL OF WHEN ANY ACTIVITY HITS THEIR BOOKS!

BANKS DO HAVE ABSOLUTE CONTROL OF WHEN THEY POST SAID TRANSACTIONS.

THIS IS CLEARLY STATED IN THEIR POLICY.

THIS IS NOT ILLEGAL - IT IS SIMPLY A TECHNOLOGY TO MAXIMIZE THEIR INCOME BY POSTING TRANSACTIONS THAT ENSURE NSF's AND OD CHARGES.

GOOD LUCK GUYS - HOPE YOU WISE UP!

To our friends Pardel, from MO, and Jim from CA, I offer the following:

Pardel
Bernie, Missouri
WRITES THE FOLLOWING:

"huh! ! ! Did I miss something here?"

YES, YOU DID MISS SOMETHING. IN FACT YOU ARE MISSING EVERYTHING!

"I have read this post in it's entirity and still do not understand what BOA did to the OP to provoke this post. Am I missing it? What did BOA do to the OP? All I am seeing is what the OP is alleging to be doing to BOA!"

AS I STATED IN A PRIOR POST, MY EXPERIENCES WITH NUMEROUS BANKS MIRROR THOSE EXPRESSED BY FELLOW VICTIMS.

Jim
Anaheim, California
U.S.A.
WRITES THE FOLLOWING:

"Most MBA's are Idiots"

I AM UNABLE TO CONFIRM OR DENY THIS AS I HAVE MET VERY FEW MBA'S.
YOUR STATEMENT IS VERY BROAD IN SCOPE. YOU DO PROVE MY POINT OF STUPIDITY AND IGNORANCE.

"And you prove my point so well."

AND YOUR ATTITUDE EPITOMIZES THE SADLY MISINFORMED.


" I have a couple of them for clients and I think they're dumber than rocks."

THIS IS INDEED IMPRESSIVE! HOW DO YOU KNOW THEY ARE "DUMBER THAN ROCKS"? I'M THINKING A ROCK DOES NOT KNOW IT IS DUMB.

YOU FIT THE "ROCK" DESCRIPTION PERFECTLY!

"The fact is all of this could have been avoided if you simply kept an accurate register. What happened to you would happen at any bank in the country - including the ones who are now either out of business or swallowed whole."

YOU MAKE MY POINT PRECISELY!

"Find yourself a money manager and have that person explain your ignorance to you. You're wasting your time here."

THANKS FOR YOUR ADVICE. I WILL GIVE IT THE TIME IT DESERVES!

"PS: You're late to the lawsuit party. There was a suit years ago against all of the banks for the fees they charge. The banks won. The precedent has been set already, so you're wasting your time with the lawsuit."

WRONG. PLEASE READ THE DOCUMENTS IN DETAIL AND THEN DIGEST THEM WITH YOUR SIGNIFICANT ABILITY TO INTERPRET THE LAW AS WRITTEN.

THANKS GUYS, FOR YOUR COMMENTS - THE ENTERTAINMENT VALUE IS PRICELESS!

Steve wrote >>'It makes ABSOLUTELY NO DIFFERENCE which order transactions are processed in as long as the funds are AVAILABLE before making the debit transaction or writing the check.'>Wrong. The software used by our Trusted Banking Institutions posts deposits and withdrawals which optimize these actions to incur NSF charges, only to generate revenue. This is well known and indeed stated by our Banks under the guise of paying in full large payments to ensure a large payment is made first.>Wrong again! You are stupid, ignorant, or misinformed. As are most Americans who use our banking system. The software used by Banks is probably more sophisticated than 'rocket science'! available funds= negative balance. Overdraft fees are assessed.

Looking at the above formula, one might conclude that the negative balance is in fact triggering the overdraft fees. In order to prevent this from happening, one might conclude that he or she should not authorize transactions that would be drawn against funds that are not available.

Banks simply do not control when transactions are sent to them through ACH or when a check is presented by a third party.

Steve wrote >>'It makes ABSOLUTELY NO DIFFERENCE which order transactions are processed in as long as the funds are AVAILABLE before making the debit transaction or writing the check.'>Wrong. The software used by our Trusted Banking Institutions posts deposits and withdrawals which optimize these actions to incur NSF charges, only to generate revenue. This is well known and indeed stated by our Banks under the guise of paying in full large payments to ensure a large payment is made first.>Wrong again! You are stupid, ignorant, or misinformed. As are most Americans who use our banking system. The software used by Banks is probably more sophisticated than 'rocket science'! available funds= negative balance. Overdraft fees are assessed.

Looking at the above formula, one might conclude that the negative balance is in fact triggering the overdraft fees. In order to prevent this from happening, one might conclude that he or she should not authorize transactions that would be drawn against funds that are not available.

Banks simply do not control when transactions are sent to them through ACH or when a check is presented by a third party.

Steve wrote >>'It makes ABSOLUTELY NO DIFFERENCE which order transactions are processed in as long as the funds are AVAILABLE before making the debit transaction or writing the check.'>Wrong. The software used by our Trusted Banking Institutions posts deposits and withdrawals which optimize these actions to incur NSF charges, only to generate revenue. This is well known and indeed stated by our Banks under the guise of paying in full large payments to ensure a large payment is made first.>Wrong again! You are stupid, ignorant, or misinformed. As are most Americans who use our banking system. The software used by Banks is probably more sophisticated than 'rocket science'! available funds= negative balance. Overdraft fees are assessed.

Looking at the above formula, one might conclude that the negative balance is in fact triggering the overdraft fees. In order to prevent this from happening, one might conclude that he or she should not authorize transactions that would be drawn against funds that are not available.

Banks simply do not control when transactions are sent to them through ACH or when a check is presented by a third party.

Steve wrote >>'It makes ABSOLUTELY NO DIFFERENCE which order transactions are processed in as long as the funds are AVAILABLE before making the debit transaction or writing the check.'>Wrong. The software used by our Trusted Banking Institutions posts deposits and withdrawals which optimize these actions to incur NSF charges, only to generate revenue. This is well known and indeed stated by our Banks under the guise of paying in full large payments to ensure a large payment is made first.>Wrong again! You are stupid, ignorant, or misinformed. As are most Americans who use our banking system. The software used by Banks is probably more sophisticated than 'rocket science'! available funds= negative balance. Overdraft fees are assessed.

Looking at the above formula, one might conclude that the negative balance is in fact triggering the overdraft fees. In order to prevent this from happening, one might conclude that he or she should not authorize transactions that would be drawn against funds that are not available.

Banks simply do not control when transactions are sent to them through ACH or when a check is presented by a third party.

""I have a MBA. I am unable to manage a 'checkbook register' which correlates with the statements from BOA I print out in detail, in any way.""

You do? Then I suggest that the money you spent to obtain the MBA was a waste as it doesn't appear that you learned how to track your finances properly. Steve was absolutely correct-maintain an accurate account register, don't spend money you don't have, and you will NEVER pay an OD or NSF fee. The overwhelming majority of consumer banking customers have no problem with BOA and other banks. Folks as you who suffer multiple NSF fees are a MINORITY.

'So simple.'

""WHERE ARE THE PEOPLE WE ELECTED? WHAT ARE THEY DOING?""

They are busily converting the USA into the USSA-United Socialist States of America. The Fed has recently federalized one third of the US banking industry and the US auto industry. Currently, the Fed comprises ONE dollar of every 4 in economic activity in the US economy. This level of government movement in the economy has not been seen since WWII and after the recession in the late 1980's.

And you prove my point so well. I have a couple of them for clients and I think they're dumber than rocks. The fact is all of this could have been avoided if you simply kept an accurate register. What happened to you would happen at any bank in the country - including the ones who are now either out of business or swallowed whole.

Find yourself a money manager and have that person explain your ignorance to you. You're wasting your time here.

PS: You're late to the lawsuit party. There was a suit years ago against all of the banks for the fees they charge. The banks won. The precedent has been set already, so you're wasting your time with the lawsuit.

Thanks Steve, for you remarks. You are misinformed, as I was, and took for granted fundamental mathematics.

Steve
Bradenton, Florida
U.S.A.
writes as follows:

"Keeping an ACCURATE checkbook register would have avoided this whole thread!"

Please reconsider. You were correct 20 years ago.

"It makes ABSOLUTELY NO DIFFERENCE which order transactions are processed in as long as the funds are AVAILABLE before making the debit transaction or writing the check."

Wrong. The software used by our Trusted Banking Institutions posts deposits and withdrawals which optimize these actions to incur NSF charges, only to generate revenue. This is well known and indeed stated by our Banks under the guise of paying in full large payments to ensure a large payment is made first.

"This is not rocket science, but so many people cannot grasp this very basic, simple concept."

Wrong again! You are stupid, ignorant, or misinformed. As are most Americans who use our banking system. The software used by Banks is probably more sophisticated than "rocket science"!

"Likewise, MOST of the alleged 'complaints' you referenced are by those who cannot figure out how to keep a checkbook register, and/or to stop spending money when there is none posted in the account."

I have a MBA. I am unable to manage a "checkbook register" which correlates with the statements from BOA I print out in detail, in any way.

"So simple."

Your thinking is "so simple". Please, don't be stupid, ignorant, or misinformed.

Help yourself, and others, through education and discovering basic mathematics and the manipulation of deposits, payments, and NSF fees as practiced hourly by the software our banks employ.

Good Luck - I sincerely hope you are able to grasp the concept of how our banking system operates.

WHERE ARE THE PEOPLE WE ELECTED? WHAT ARE THEY DOING?

I have read this post in it's entirity and still do not understand what BOA did to the OP to provoke this post. Am I missing it? What did BOA do to the OP? All I am seeing is what the OP is alleging to be doing to BOA!

It makes ABSOLUTELY NO DIFFERENCE which order transactions are processed in as long as the funds are AVAILABLE before making the debit transaction or writing the check.

This is not rocket science, but so many people cannot grasp this very basic, simple concept.

Likewise, MOST of the alleged "complaints" you referenced are by those who cannot figure out how to keep a checkbook register, and/or to stop spending money when there is none posted in the account.

So simple.

When they had the opportunity to Stop the sub-prime lending that created our current economic crisis.

Our elected officials CHOSE to side with the banks and their lobbyests. OUR ELECTED OFFICIALS saw what was happening long before the worst hit and chose not to do anything. Now they are scrambling to fix what they should have stopped long ago.

Thank God for the Power of the INTERNET!

As I review the WWW I find many venues for Consumers to vent their frustrations.

It appears as if the American Banking System has surpassed even the notorious American Automobile Companies as the most evil organizations in America!

This accomplishment is truly incredible! I would suspect that when people purchase a new automobile, they only get ripped off once.

American Banks have most cleverly positioned themselves to steal from the American people on a daily basis!

It is indeed sad that these Banks have used their vast resources for evil!

Imagine how wonderful it would be if they focused their energy and skills to actually HELP PEOPLE! Their Market Value would soar, attract new investors and retain existing investors!

IN ANY EVENT - WHERE ARE OUR ELECTED REPRESENTATIVES?

Thank God for the Power of the INTERNET!

As I review the WWW I find many venues for Consumers to vent their frustrations.

It appears as if the American Banking System has surpassed even the notorious American Automobile Companies as the most evil organizations in America!

This accomplishment is truly incredible! I would suspect that when people purchase a new automobile, they only get ripped off once.

American Banks have most cleverly positioned themselves to steal from the American people on a daily basis!

It is indeed sad that these Banks have used their vast resources for evil!

Imagine how wonderful it would be if they focused their energy and skills to actually HELP PEOPLE! Their Market Value would soar, attract new investors and retain existing investors!

IN ANY EVENT - WHERE ARE OUR ELECTED REPRESENTATIVES?

Thank God for the Power of the INTERNET!

As I review the WWW I find many venues for Consumers to vent their frustrations.

It appears as if the American Banking System has surpassed even the notorious American Automobile Companies as the most evil organizations in America!

This accomplishment is truly incredible! I would suspect that when people purchase a new automobile, they only get ripped off once.

American Banks have most cleverly positioned themselves to steal from the American people on a daily basis!

It is indeed sad that these Banks have used their vast resources for evil!

Imagine how wonderful it would be if they focused their energy and skills to actually HELP PEOPLE! Their Market Value would soar, attract new investors and retain existing investors!

IN ANY EVENT - WHERE ARE OUR ELECTED REPRESENTATIVES?

Thank God for the Power of the INTERNET!

As I review the WWW I find many venues for Consumers to vent their frustrations.

It appears as if the American Banking System has surpassed even the notorious American Automobile Companies as the most evil organizations in America!

This accomplishment is truly incredible! I would suspect that when people purchase a new automobile, they only get ripped off once.

American Banks have most cleverly positioned themselves to steal from the American people on a daily basis!

It is indeed sad that these Banks have used their vast resources for evil!

Imagine how wonderful it would be if they focused their energy and skills to actually HELP PEOPLE! Their Market Value would soar, attract new investors and retain existing investors!

IN ANY EVENT - WHERE ARE OUR ELECTED REPRESENTATIVES?

As I stated before, in America we have the opportunity to act and live as we wish.

We can make stupid decisions or wise decisions - it is our choice! Educated decisions, which meet our personal needs, are completely up to each individual. Banks, as mandated and approved by our government, bleed people, many of which are struggling day to day, by enforcing indecipherable legal terminology. What does Buyer Beware insinuate?

Single mothers, veterans, the elderly, young people, and those who remain uninformed for many reasons, are the largest portion of Bank profits. This must stop. This troubles me and I hope to facilitate change, even if in a small way.

To our friend Mike, who exercised his Freedom of Speech, although misguided, are parts of what makes America great!

So, to Mike I will respond, and express my Freedom of Speech.

Mike, you state:

"You yourself admit that whatever wrong you perceive them to have done to you was because you didn't read or understand what you signed."

This is correct! I made a stupid decision and did not hire legal counsel to interpret the legal ramifications of what I agreed to. I was unable to digest the terminology utilized by Bank of America

"No lawsuit here."

I am unable to predict the intricacies of our legal system. Clearly you are much wiser than I am regarding the law.

"And no, I don't work for BOA, or any bank."

I congratulate you for a wise decision! Bank of America sales people should be ashamed of their association with this despicable organization.

"I'm just tired of people like you asking for a handout for something you didn't read or comprehend"

I'm not asking for anything. I only wish to assist fellow Americans who have been victimized by those Banks, who cleverly manipulate deposits and withdrawals.

I have more than I'll ever need. Did I make a stupid decision regarding my banking choices? For sure!

Handout? Do read the news? Who is looking for handouts? Banks? GM? Ford? - The list continues to grow. Indeed, their chickens have come home to roost!

"and responsible people like myself getting the shaft"

You are exactly correct! I hate it when I see highly educated and responsible people, like you, having to "handout" your hard earned money to irresponsible institutions!

Good luck, enjoy your success, and continue to feel free to offer your opinion!

Sincerely,

A fellow American

You yourself admit that whatever wrong you perceive them to have done to you was because you didn't read or understand what you signed. No lawsuit here. And no, I don't work for BOA, or any bank. I'm just tired of people like you asking for a handout for something you didn't read or comprehend, and responsible people like myself getting the shaft

Good news for the American people!

From another WWW site I have been contacted by a Serious trial attorney!

You have seen this guy on numerous Network and Cable News channels!

He was the force behind a recent successful Class Action litigation which paid many thousands of American Citizens damages and recovery from an International Corporation which had deceived and tricked their customers for many years.

He is wired deeply in to the Washington D.C. system and is well aware of the millions of people victimized by the American Banking System.

At this point I will say no more. Perhaps our Constitution will indeed punish the Banks who feed off of those of us who have been savaged by Bank of America, Chase, and numerous other primary lenders.

God Bless America!

Pass this on to everyone you know. Ask all of them to post their experiences on this site and the FTC site!

Speak the truth - you have nothing to fear - and we have the opportunity to bring justice to the American People!

Greed and exploitation of Americans have no place in our society!

What are you waiting for? How much more money do you want to contribute to those who would deceive us?

WE HAVE THE POWER TO ELIMINATE THOSE WHO WOULD HARM US!

My Bank of America Movement continues.........

Trust me...it does feel like a 'movement'.......... please pass the Ex Lax!

In any event, as reported previously, I purchased 100 shares of BAC (their alias) on the New York Stock Exchange. This purchase was made to learn the names of shareholders. These names are all in the public domain.

I will post them including any other public information. You would be shocked who calls the shots at Bank of America! I'm thinking the 'charity' groups who own Bank of America stock may rethink their position.

My 100 shares, purchased in November 2008 cost me $23.82 each. As of December 4th, 2008 my shares are now worth $12.83. Ouch! Yet, worth every penny!

Dividends were .32 cents in 12-08. Dividends were .56 cents in 9-06. All major banks report similar results.

Incredibly, the massive year end bonanza for the Elite Bank of America decision makers will be many hundreds of millions of $DOLLARS$!

Good god! I will run Bank of America for the next year for $1.00! Simply pay me 1% of the stock increase from 2008 thru 2009! Please include a Lear Jet so I can visit my daughters in Chicago once a month!

I promise to contain costs and grow the value, in an ethical, moral, and investor attractive method!

Just trimming the MBA fat will save billions! Too easy to pass on this, even for the BOA luminaries!

Banks are crashing all over America, costing innocent investors $BILLIONS$!

As this Bank train wreck continues, Credit Unions continue to grow at a healthy pace. WHY? They only do business with members. People and companies they know and respect. No stupid decisions. Simple.

Forecast - Banks in America will follow the American Automotive Industry. Americans are flocking to buy imports. The gross mismanagement of the Detroit group of idiots is clear.

The junk they have glued together for years has alienated generations of American buyers! I'm thinking the only way they can save themselves is to offer refunds, apologize, and prove to America they are serious about their technology.

How much fun is it to buy a car today? Not much. The adversarial seller/buyer relationship is sickening. This alone can be changed in one week. Yet, the Elite Detroit MBA's allow this to continue. Hell, these goofs don't even live in Detroit. They have abandoned the very cesspool they created and moved to the suburbs. Disgusting. Go visit Detroit for a weekend - if you survive - without getting mugged or shot, call it a success.

GM-FORD-and whatever the other guy is, is completely responsible. No one else to blame - frankly, no one really cares.

Why are these concepts so difficult to grasp?

More to follow..........

Welcome to the American Banking System! Another Mafia style of business allowed by our legislators!

Bank of America continues to send me New! over-draft charges - even though my account was closed weeks prior to these so called charges.

Now, they are attempting to extort these unfounded charges from me by threatening to report me to CHEXSYSTEMS, which, they tell me, will eliminate any possibility of my opening any new Checking Account in America!

The entertainment value here is, as they say, PRICELESS!

Bank of America, so I read, does not even subscribe to CHEXSYSTEMS! Yet, I have received a NOTICE that BOA will indeed report me to CHEXSYSTEMS.

Does CHEXSYSTEMS, located in Woodbury, MN know BOA is using them as a collection device? I'm thinking CHEXSYSTEMS provides a quality and needed service. There are bad risks out there.

I'm interested to learn if they know they are being used as a 'junk yard dog".

Regarding Credit Unions - check out MSN Money - Personal Finance. There you will find a well written article titled "Ditch your Bank for a Credit Union."

Do your homework - check out the NCUA - a Federal Agency. Find a Credit Union near you and do five minutes of research.

Make the decision which best suits your needs! YOU DO HAVE A CHOICE!

For those of you who 'cleverly' wish to continue using BOA, Chase, etc., please, you are free to stupid!

THIS IS AMERICA - YOU CAN BE AS STUPID AS YOU WISH! Stupidity is one of our Freedoms! Frankly, stupidity knows no limits. Stupid people, unfortunately, are too stupid to realize they are indeed - STUPID!

Please, those of you who wish to realize the benefits of BANKING with a CREDIT UNION, spend five minutes, research, and do what is best for you!

The choice is up to you!

Help others - forward this WWW site to everyone you know! By working together, we CAN facilitate change in America!

More excitement to follow.........

I could not possibly agree more with you.It is time victims of this embezzlement come together and expose the perpetrators.Such a policy of blatant theft could only come from the top down,ie. the boardroom,that den of iniquity inhabited by a CEO,Chairman,President,Directors etc.,the sort of people we've been seeing in the news lately for all the wrong reasons.

One would think that an institution like BoA,that has come through the recent economic scandals relatively unscathed and unnoticed,would have the collective intellect to keep their head below the parapet and help their clients through what is a fiscally terrifying period for 'small guys' like myself.That way we,their clients could invest our faith and our hard earned dollars in a company that promised so much.

Clearly,corporate greed wildly outstrips whatever modicum ,if any,of common sense or foresight that may exist in it's executive levels.This point has been more than amply illustrated by the likes of Ford ,GM,Lehmans et al.And now it seems BoA wish to rub our noses in it and want to charge us for the 'privelege'

BoA have lit the fuse and this time it is a very very short one.I am inspired by your own personal plan of action BoALover and have decided to adopt it.Most of my friends bank with BoA,and most have out of either solidarity or common experience given me their commitment to terminate their dealings with this bank as soon as is feasible.

Simply running away like a scalded cat is not in my nature however,and I like many other victims of BoA's perculatory crusade,demand a Class Action Lawsuit against them.

My knowledge of credit unions is poor and any light you can shed on the subject would be greatly appreciated.However,I have not yet turned my back on all banks.
I am willing to cooperate as fully as the legal framework will allow with whichever bank considers itself to be BoA's greatest rival.Opportunity knocks for any ethical institutions who have been sitting in the shadow of this nefarious beast of a bank,if any such financial institution exists.

I look forward to reading your next post.Hopefully you can expose some of their dark secrets for us and you can rest assured that I will exhaust every legal avenue open to me in laying bare to the world who is behind this operation and how they have violated not merely our bank balances,but our sense of trust and security.

>>"I am now told that these banks utilize very clever accounting software. This software automatically posts deposits, debits, and related charges in such a way which best allows these banks to charge overdraft fees!"
Let me guess, that information was secured at great cost and many Bothans died bringing it to you.

Generally speaking, banks process transactions from largest to smallest when they arrive. That depends on when merchants submit the charges. It's possible that you can put $65 on your debit card on Friday night and give your daughter a $300 check the next Monday. When the two transactions arrive at the bank on Tuesday the check will be processed first because it is the larger of the two.

This process in itself will not cause overdraft fees. If I have $1,000 in my account and $885 in debits, it doesn't matter what order the debits are processed. It is only a problem when the account owner doesn't properly manage their account balance.

>>"I am now told that these banks utilize very clever accounting software. This software automatically posts deposits, debits, and related charges in such a way which best allows these banks to charge overdraft fees!"
Let me guess, that information was secured at great cost and many Bothans died bringing it to you.

Generally speaking, banks process transactions from largest to smallest when they arrive. That depends on when merchants submit the charges. It's possible that you can put $65 on your debit card on Friday night and give your daughter a $300 check the next Monday. When the two transactions arrive at the bank on Tuesday the check will be processed first because it is the larger of the two.

This process in itself will not cause overdraft fees. If I have $1,000 in my account and $885 in debits, it doesn't matter what order the debits are processed. It is only a problem when the account owner doesn't properly manage their account balance.

>>"I am now told that these banks utilize very clever accounting software. This software automatically posts deposits, debits, and related charges in such a way which best allows these banks to charge overdraft fees!"
Let me guess, that information was secured at great cost and many Bothans died bringing it to you.

Generally speaking, banks process transactions from largest to smallest when they arrive. That depends on when merchants submit the charges. It's possible that you can put $65 on your debit card on Friday night and give your daughter a $300 check the next Monday. When the two transactions arrive at the bank on Tuesday the check will be processed first because it is the larger of the two.

This process in itself will not cause overdraft fees. If I have $1,000 in my account and $885 in debits, it doesn't matter what order the debits are processed. It is only a problem when the account owner doesn't properly manage their account balance.

I am now told that these banks utilize very clever accounting software. This software automatically posts deposits, debits, and related charges in such a way which best allows these banks to charge overdraft fees!

After printing out my online statements and comparing them with reality the picture becomes clear!

The deck is stacked - against consumers - only in the banks favor.

Whoever wrote this software should be ashamed of themselves. The banks who implement these programs should be the target of Class Action litigation!

READ THIS - WHY DO WE TOLERATE THE ACTIONS OF OUR BANKING SYSTEM?

Banking law is based on a contractual analysis of the relationship between the bank and the customer. The definition of bank is given above, and the definition of customer is any person for whom the bank agrees to conduct an account.

The law implies rights and obligations into this relationship as follows:

1. The bank account balance is the financial position between the bank and the customer, when the account is in credit, the bank owes the balance to the customer, when the account is overdrawn, the customer owes the balance to the bank.
2. The bank engages to pay the customer's cheques up to the amount standing to the credit of the customer's account, plus any agreed overdraft limit.
3. The bank may not pay from the customer's account without a mandate from the customer, e.g. a cheque drawn by the customer.
4. The bank engages to promptly collect the cheques deposited to the customer's account as the customer's agent, and to credit the proceeds to the customer's account.
5. The bank has a right to combine the customer's accounts, since each account is just an aspect of the same credit relationship.
6. The bank has a lien on cheques deposited to the customer's account, to the extent that the customer is indebted to the bank.
7. The bank must not disclose the details of the transactions going through the customer's account unless the customer consents, there is a public duty to disclose, the bank's interests require it, or under compulsion of law.
8. The bank must not close a customer's account without reasonable notice to the customer, because cheques are outstanding in the ordinary course of business for several days.

These implied contractual terms may be modified by express agreement between the customer and the bank. The statutes and regulations in force in the jurisdiction may also modify the above terms and/or create new rights, obligations or limitations relevant to the bank-customer relationship.

WE ARE LIKE SHEEP BEING LED TO THE POOR HOUSE!

My personal experiences with BOA and Chase parallel those of many who have posted on this site and others. Google these banks - there are literally 100,000's of thousands of complaints.

I'm certain this is just the proverbial 'tip of the iceberg. Too many people simply, for whatever reason, pay the obscene fees and move on thinking they have no other choice.

In fact we do have a choice: Credit Unions. My new Credit Union appreciates my business. By default, my CHECKING account pays me over 5% APR on my average daily balance! When I do make an error and write an overdraft, the fee is $10.00. BUT, I have 30 days to make amends and have the fee removed.

This is America. Bank where you wish. Just know there are choices. In my opinion, anyone who does not join a Credit Union is in need of psychological evaluation. But, this is just my opinion. You are free to make your own choices.

Stay tuned for more entertainment!

Everyone has a right to express themselves - just do so with some intelligence behind it. I would HIGHLY encourage you to do some research just on this web site and you'll find out one thing: ALL BANKS ARE THE SAME!! You'll save yourself additional money knowing this upfront. Picking on this bank is no different than Chase, Wells, or any of the others.

If you want to know where your elected representatives are, I would think they're with the lobbyists for the banking industry. How else does an entire industry get a bailout like the one they got? And who gave it to them? Your elected rep's.

And the guy who used to work for BofA - you just figured out the Bank Manager position was a Sales job? You didn't think they promoted people who are only good with numbers? How do those people keep working without the Sales guy?

Meanwhile, learn to keep a check register, stop using debit cards, and you will survive even a bank like this one.

And people wonder why I read Ripoffreport.com.

Hilarious posts like this make it all worthwhile.

We have no idea what this person is complaining about and he is apparently not going to tell us. We're just supposed to assume he was wronged in some way and be mad at the bank.

And people wonder why I read Ripoffreport.com.

Hilarious posts like this make it all worthwhile.

We have no idea what this person is complaining about and he is apparently not going to tell us. We're just supposed to assume he was wronged in some way and be mad at the bank.

And people wonder why I read Ripoffreport.com.

Hilarious posts like this make it all worthwhile.

We have no idea what this person is complaining about and he is apparently not going to tell us. We're just supposed to assume he was wronged in some way and be mad at the bank.

In regards to this:

"It seems the first three individuals who commented were obviously naive Bank of America employees. Their grammar and spelling confirms this."

I do not work for Bank of America. In fact, I have never worked for them and do not see myself working for them in the future.

If you have to attack others on spelling and grammar, you probably do not have a substantive argument. You are also inviting a critique of your own grammar errors.

Now, would you care to specifically state how Bank of America ripped you off?

To follow up on my recent posts I offer the following information:

Go to the Federal Trade Commission web site. Click on the "Consumers" button. Find the large brown box entitled "FTC Complaint Assistant" and follow the directions.

It's quick and easy. Enter your complaint. Feel free to post your experiences regarding Bank of America as well as any other disgusting banking institution.

DO NOT BE INTIMIDATED! POST YOUR EXPERIENCES AND EXPRESS YOUR ANGER AND FRUSTRATION!

My Web site is coming along. My IT dude is configuring it's placement so when anyone uses Google, Yahoo, etc., to look up Bank of America, Chase, and other disgusting banks, our web site will appear as one of the top five selections!

I am digesting the prospectus and other garbage I received as a result of my purchase of Bank of America stock. It is amazing information! I am convinced that if many of the share holders really knew how Bank of America conducts its mafia style business they would unload their shares immediately!

In fact, anyone with a sense of integrity or decency would dump their shares. Who would want to profit from any company which feeds off of single parent families and others, particularly in these difficult times?

God Bless America! Use your Rights as granted by our Constitution.

Send links of this WWW site to all of your friends. We have the power to change that which is wrong!

Please reference my first report #389293 and read the comments.

It seems the first three individuals who commented were obviously naive Bank of America employees. Their grammar and spelling confirms this.

To the Former BOA Employee - thank you for the courage and sense of fairness by contributing your BOA experiences. People like you are what makes America great! Know that your experience working at BOA is not what business in America is all about. There are great companies to work for. It is not your fault you got sucked into the BOA sewer! With your banking experience I'm certain any Credit Union would love to employ you!

I will be posting on the Federal Trade Commission web site. I will also post a WWW email address. This will enable anyone who wishes to communicate with myself and others via the WWW. My IT dude is setting up a web site. This will offer others to voice their opinions and provide mutual support.

I purchased 10 shares of BOA on 11-10-08. These shares will enable me to learn the who is who at BOA.

The unregulated greed and behavior of BOA, Chase, etc. is not illegal. This is the problem. Our government allows this activity. The only thing that will reform this mess is a committed and focused organized group of citizens. The only thing these banks understand is profit and power. It sickens me when I read where BOA unfairly penalizes people - particularly those living day to day on a fixed income. Old people, poor people, our disabled veterans, and people unable to work are the focus of BOA's target customer base. This needs to stop.

Where the hell are our so called elected Representatives?

We have the power. It's only a matter of getting organized.

Stay tuned - more to follow!

I resigned in August 2008 from Bank of America because I could not stand any longer their unscroupulous practices with both their employees and their (common) customers. I also have incurred hundreds of dollars in overdraft fees, yes accidents happen (though at times BofA is the reason some of those accidents happen) and before you know it those excessive $35.00 fees s****.> Every day I had customers coming in requesting a refund. I was authorized to use a computer tool call "Refund Request Tool." This software would entitle the customer to a very small portion of a refund only if it was their first time being overdraft. As Managers we could over-ride the tool but we were to stay within a very small margin and it had to be explained as to why the over-ride took place. This was time consuming and frustrating. I was threatened by my Consumer Executive Manager (CME) numerous times because (now heres a shock) sometimes these fees were actual bank errors! Therefore, I would refund, exceeding what I was allowed, then would be harrassed by my CME by email- I was in a no-win situation.
Futhermore, BofA is ALL about Sales- each branch has sales goals to meet everyday and the Manager's and Assistant Manager's are rode hard on a continous basis to make sure they make and exceed their daily goals.
The turnover in our Market was huge, in fact I went from part-time Teller of 4.5 months straight to Banking Center Manager. The problem was there was nobody in the branch who was experienced or knew what they were doing, and I was NEVER sent any help- I was told to "reach out" to other Managers by phone or also they have a system titled "One Call." When (in the beginning) I wasn't sure what to do (and that was everything) I was instructed to say "I have a team of experts I can contact to resolve this matter" then I would make a call and hopefully the person on the other end had enough training to help me. Think about it, somebody walks in the bank and wants to open an account, send a wire, discuss their parents acct. that just passed...I had a lot to learn fast including Federal Laws, Rules, and Regulations. BofA teaches classes on HOW to sell, but they do not teach you what to do once you make the sale. Nonetheless, I brought our branch from last in the market up 7 ranks in that one year and our branch "funded" for the first time in almost 3 years (without selling anyone anything they couldn't legitimately use though most personnel do not practice this way because they are financially rewarded according to their sales) so if you are ever wondering why your Teller is trying to get you tosign up for overdraft protection or to open a 2nd and 3rd account (yes, they want three checking accounts per customer, the more you have the more the Bank makes and the less likely you are going to go through the hassle of closing all your accts. and taking your business elsewhere).
Every person who walks in a branch is a potential sale, there is often a "greeter" this person is not interested in you as a customer, the greeter is instructed to "re-set your inner clock" that way if you are listening and speaking to someone you will now think you have only been waiting 5 minutes vs. the actual time you had been waiting for service from their understaffed crew. I resigned when they were once again setting me up for failure, I would receive a raise but only if I got rid of our slowest preformer- an 82 year old woman who had been working for BofA for years. Theres much more but I'm running out of space here.

Well over 90% of complaints on this website relating to banks are not rip offs; they are the fault of the account holder and theor inability to comprehend "English". In the case of the account holder, he/she was out money, doesn't understand, and therefore thinks there's a lawsuit. All banks are the same friend - just make certain to take your lawyer to the next one - that way you'll be out his fees and more of your money out the door for nothing.

You weren't specific at all. What was in the fine print that you didn't read or understand? Why did the fact that the manager didn't speak English have anything to do with it? Was there a communication barrier? I mean..you do a lot of talking, but there's no story told.

What happened?

You didn't include specifics. If you want to spread the word about how evil the bank is, you should provide details as to how they ripped you off.

I'm going to guess that this has something to do with overdraft and/or NSF fees. If that is the case, a class action lawsuit won't do anything.