Tag Archives: bank of america
- Bank of America – Consumer Complaint – 1-13-2012
Date You Feel You Were Scammed: April 13, 2010 State You Live in: New Jersey Race/Ethnicity: White Age Range: 51-65 Total Amount of Fee Paid: Company Name: Bank of America Company Address: Company Telephone Number: Website of Company: bankofamerica.com Consumer Statement: Bank of America in may 2010 started a loan modification! Only to lower interest [...]
- Is Bank Of America Taking Advantage Of The Unemployed With Debit Card Fees?
The state of South Carolina and Bank of America have teamed up together to administer unemployment benefits to South Carolina residents. Unemployment benefits used to come in the form of a check but are now being issued in the form of a Bank of America prepaid debit card. Bank of America claims that it’s good [...]
- Bank Of America Backs Off $5 Debit Card Fees After Anti-Fee Petition Skyrockets
Just one month ago I wrote about the implementation of debit card fees coming into play for big banks such as Chase, Wells Fargo and most notably Bank of America. Due to the change in a new government regulation that caps what banks can charge merchants for debit transactions they announced plans to implement a [...]
- Bank of America Was Going to Foreclose and Then Changed Their Mind. – Nancy
“Dear Steve, We own a house in Urbandale,IA. My husband and I lost our jobs and our house was foreclosed on. Due to lack of legal advice (we used vastly case over-loaded IA. Legal Aid and a state funded mediation service) and lack of foreclosure knowledge we moved out of the house after the foreclosure. [...]
- “TeaseMePeter”: The Nigerian E-mail Scam Hits Dating Websites
Scammers are some of the dumbest and smartest people in the world. They know where, when and how to find people when they’re down and vulnerable. They also keep up with the times; evolving at every change in our world. That’s how they’re smart. They’re dumb because they’re scammers. And scammers are dumb. Period. Recently, [...]
- Bank of America To Charge Monthly $5 Fee For Using Debit Cards
I’m not sure if I’ve mentioned this before but I, Amanda Miller, am a Bank of America customer. Although, not a thrilled and loyal customer, I’m a customer nevertheless. In fact, this bank has done some things over the years I’m not very happy about but I continue to bank with them because I love [...]
- Tommy Edison And The Blind Vs. Money
The video featured in this article shows Tommy Edison, otherwise known as the BlindFilmCritic, using an ATM. Edison shows the world what it’s like using this Bank of America ATM for the first time. When those with sight see the brail on an ATM we often don’t think about what it’s actually like for a [...]
- New Sweepstakes Scam Using Bank Of America And BBB Logos
The Better Business Bureau (BBB) is warning of another sweepstakes scam now circulating. Apparently phone calls are being made stating you’ve won $3.5 million but in order to receive your money you have to wire them $25,000 to cover the insurance of your winnings. Luckily some consumers found this call to be somewhat odd and [...]
- Is a Bank of America Bankruptcy in the Future?
In an interesting twist, Chris Whalen of Institutional Risk Analytics is making the case that Bank of America is better off at this point to pursue bankruptcy to restructure their mortgage liability problem. It is yet another case of bankruptcy being used appropriately to restructure debt so the person or business can move forward. Bank [...]
- Nevada Bitch Slaps Bank of America Over Mortgage Mess
by Paul Kiel, ProPublica The state of Nevada dramatically expanded its lawsuit against Bank of America today, turning the narrow case it filed late last year into a broadside that targets virtually all aspects of the bank’s mortgage operations. Bank of America has previously denied wrongdoing. The sweeping new suit could have repercussions far beyond [...]
- Should I Do a Deed in Lieu of Foreclosure or Short Sale With Bank of America? – Pat
“Dear Andy, We originally had Countrywide Mortgage provider 2005 ( a fannie mae loan), we were then one day just notified that our new mortgage holder was Bank of America. We have been paying a PMI of around $220.00. In September of last year we filed for a short sale and were approvedin Feb, three [...]
- Banks Still Foreclosing on Wrong People
by Paul Kiel, ProPublica Four years into the foreclosure crisis, banks say they’ve made major improvements in how they handle struggling homeowners. They’ve promised, for example, not to foreclose on homeowners who are being considered for mortgage modifications. But that’s still happening. Consider the cases of Laurie Pinkerton and Lisa Peterson. The two women, both [...]
- How Do I Get Bank of America to Lower My Interest Rates When They Say I Paid Late? – Kathy
“Dear Steve, I took out a “consolidation loan” with BOA. The statements are like credit card statements instead of loan statements. I send my payments thru my bank. A while back that were recording my payments one day late and adding fees and uped the interest rate. How do I prove this and get them [...]
- Government to Bank of America, Wells Fargo, JPMorgan Chase – “You Suck at Loan Modifications.”
by Paul Kiel ProPublica The Obama administration’s mortgage modification program is more than two years old. From the beginning, it’s been apparent that the participating banks and mortgage servicers were breaking the program’s rules. The administration has long argued it has little power to do anything about it. But now, after millions of homeowners have [...]
- Can I Settle My Bank of America Credit Cards for Half of What I Owe? – Renato
“Dear Michael, I have 5 credit cards from bank of America I have been up to date but my job reduce my hours to 32 a week in I stop sending money on April can I settle I have 30000 on all of the 5 cards Can I settle for maybe 50 per cent? Renato” [...]