Problem with Your Bank? Take it to YouTube

By: Ben Tracy
Topics: Sneak Preview

(You Tube)

Have you ever felt like David when going up against the Goliath that is most major banks?

Well, some customers fed up with high banking fees and interest rate hikes are taking to the internet to rail against their banks.

See Ben Tracy's story

Ann Minch of California posted this YouTube video after Bank of American raised the interest rate on her credit card from 13 percent to 30 percent.

She vowed not to pay them one more cent until they changed her rate back.

More than 250,000 people viewed her video and many posted their own complaints against their banks.

Bank of America called her and changed her rate back.

How's that for results? Watch the CBS Evening News tonight and we will show you how consumers are being heard and how two major banks are lowering fees because of it.

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by Bofalawsuit July 4, 2010 6:56 AM EDT: I will be posting this video at piggybankblog com which was created for all those who were abused by Bank of Destroying America's potentially irregular, fraudulent and simply abusive loan modification program.; Reply to this comment


by taco1997 November 21, 2009 1:18 AM EST: I am doing a protest against Bank of America; because nobody had listened to me I walk on the street with a letter writing on a ghost costume showing my story.
I have faced discrimination and retaliation at Bank of America that I can no longer put up with. I spent 21 years of my life working for this Bank. I performed exceptionally as teller accruing various awards, merits, recognitions, bonuses, and certifications throughout the years.
On October 04, 2008 I had an Arthroscopic medial Meniscectomy on my
Knee due to I had fell. I wake up with pain and go through the day in pain.
The manager at the bank didn?t understood or related to what it is like to
work stand up. I was not permitted to be seated while working.
I tried to give the manager all doctor?s notes but she refused to see it. It has been unlawful the way I was treated for a reason related to my disability which has leading me unfair dismissal I AM CURRENTLY LIVING THE TURMOIL AND STRUGGLES OF A PERSON COLLECTING UNEMPLOYMENT. I?M ON THE LAST EXTENSION; Reply to this comment


by DebtGazette October 1, 2009 1:51 PM EDT: Some might say that Bank of America didn?t really have any choice when faced with so much negative publicity. The problem is that now this is going to set off a whole mess of copycats that are going to try and do the same thing. Bank of America might have just set a very bad precedent. I?m glad that Minch got what she wanted. I do also agree that, from the way she recalls the facts, she was treated unfairly. However, from Bank of America?s standpoint I think they should have played hardball with her. They had to the opportunity to set a precedent that they would not cave into these sort of tactics. They didn?t take that opportunity. So anytime your bank does something that you don?t agree with, try and create a viral video. If you can make it a success, you should get what you want.

The situation doesn't even have to really be true. Who knows if the facts of the case are how Minch presents them. That's the beauty of this format, you get to present the "facts" anyway you like.

Check out my blog on Minch's rant and its effects at.... http://www.thedebtgazette.com/2009/10/rant-on-youtube-gets-interest-rate-cut/; Reply to this comment


by Fmylife September 25, 2009 7:58 PM EDT: **** ALL BANKS; Reply to this comment


by bebu701 September 24, 2009 1:59 PM EDT: bank of america call me two days ago, and they decide to cut the limit on both of my credit card with them. with four years of perfect credit and paying of time, this is what i got, they cut one card from 10k to 3k and the other from 8k to 2k leaving me with $100 limit on each, they said that my debt to income ratio is too high which is at around 12% and that i was paying too large of a payment. i got so frustrtaed that i cut both card up and will use my US bank card. so bank of america cardhoder, be careful or else they will screw you so hard that you dont know what hit you. just take you business elsewhere...; Reply to this comment


by JayAdlerMusic September 23, 2009 9:59 PM EDT: Take it from me, I have been there. Instead of going into a bigger abyss of debt by lowering your interest rate or getting your avatar on your MasterCard, take a big scissors and cut them all up. Even if you have one, you are in trouble. All my family has is green money and debit cards but we sleep great, do not get tons of mail and have hundreds of extra loot in the bank that we would have given the slick ones. Another thing, Obama forgot to get the rates lower, you would need 8% to amortize, you still have 20% and up. If they start with my debit cards, I will withdraw my money in a wheelbarrow and pay with cash, cash talks best.; Reply to this comment


by devilfly1 September 23, 2009 8:50 PM EDT: Hi, I would like to have an opportunity to congratulate to the woman for being so courageous to make a vlog about banks.

Well, When I was in Texas. Every time, I go to the bank to make some withdrawals. The Bank charged me two dollars for every time I withdraw.

Well, I declined that bank's charging their own customers too much fee.

Anyway, I closed my account permanently and began a fresh day after that.

I'm sure there are more victims like the woman.

Thumbs up!; Reply to this comment


by surfrdylan September 23, 2009 7:10 PM EDT: WHEN IS WASHINGTON GOING TO LISTEN TO THE COMPLAINTS ABOUT BANK OF AMERICA. I applaud Ann. They upped my interest to 25% and I had a 4 year perfect payment record. They are worse than loan sharks. You know what you are getting from a loan shark.; Reply to this comment