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Shameless Predatory Banks
orgone_bosco
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7-3-2008 2:50 AM
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orgone_bosco
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Empower Yourself! Read Kevin Truedeau's DEBT CURES THEY DON'T WANT YOU TO KNOW ABOUT
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/cd59cf96-b572-44c2-afd4-63f27dcb6e98/9B2EF036-3FBA-410E-B96E-9DCCE42DF714/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/" href="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/" style="font-size: 11px;">loanworkout.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/"><H2 class="post-title"><A title="Angry Consumers Flood Federal Reserve Board with Complaints" href="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/">Angry Consumers Flood Federal Reserve Board with Complaints</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/"><P>The message is out to struggling consumers and the Federal Reserve may be sorry they offered a helping hand to the millions of consumers who are drowning in credit card debt and in their homes.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/"><P>Here are some of the complaints from Federal Reserves <A target="_blank" href="http://www.federalreserve.gov/generalinfo/foia/index.cfm?Doc_ID=R%2D1314&doc_ver=1&StartRow=41">Freedom of Imformation Office</A>:</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/">“I get a form letter from Bank of America that says my interest rate is going to be raised from 7.9% to 21.99%. Why? Because I </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/">carry balances on a few other cards. Never mind that I’m not late, </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/"> There was a $39 late fee</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/">I knew that I paid on time </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/">called the rep stated that I ‘paid too early’ </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/"><EM>“Back when the President signed the new bankruptcy law, all my credit cards doubled the minimum payment and at least doubled my interest rates. What was a $100 minimum payment with a 9.99% interest rate went to $200 a month at 28%. I had to open more cards to transfer balances to help pay the other cards. Now I have to file for bankruptcy.”</EM></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/">tricks and traps</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://loanworkout.org/2008/07/angry-consumers-flood-federal-reserve-board-with-complaints/">egregious</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9B2EF036-3FBA-410E-B96E-9DCCE42DF714/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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