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Are There Any “good” Banks To Bank With Not Jerking People Around With Their Charge Cards?

6 hours ago ago from FHA Mortgage Blog

We have credit, and bank, as well as have two credit cards with Bank of America in McLean, VA. Over the past month, we saw Bank of America, first, completely eliminate the available credit on our two charge cards, while reassuring us that our interest rates would not go up at all on our credit cards . Then today, we got a letter in the mail from Bank of America, saying that they now, are going to raise the interest rates on our cards up ...

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Should Greed Be Regulated?

22 hours ago ago from FHA Mortgage Blog

Today America faces a dire problem in the banking system, $1 trillion in adjustable interest rate mortgages are due to increase next year and many homer owners will default on these loans. This could lead to Americans across the nation losing their jobs as capital dries up and the USD loses more value. This happened because greedy bankers got together with greedy borrowers who wanted more than they could afford. The home loan industry is ...

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Thug Rule in Washington

5 hours ago ago from The Undercurrent

Search for: Go // you're reading... Blog Thug Rule in Washington By Rituparna Basu April 29, 2009 One comment Bank of America CEO Ken Lewis has sparked controversy in his recent testimony to regulators. Lewis has revealed that he was threatened, by then-Treasury Secretary Hank Paulson and Chairman of the Fed Ben Bernanke, to buy Merrill Lynch, a company drowning in financial losses of billions of dollars. ...

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BofA Undoubles Doubled Interest Rate

10 hours ago ago from Financial Tips and Tricks

Responding quickly to Wednesday's post of Julia's complaint that Bank of America doubled her credit card interest rate , then refused to reset it despite promising it would, the bank has promised that it will indeed undouble the rate for good. Got all that? Julia clarifies: I'm pleased to let you know that I received a phone call this morning from another representative from Bank of America. He informed me that he would indeed change my ...

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AMERICA´S MEGABANKS : GOODBYE, OR SEE YOU AGAIN ? / THE ECONOMIST ( VERY HIGHLY RECOMMENDED READING )

18 hours ago ago from Gonzalo Raffo InfoNews

America's megabanks Goodbye, or see you again? Dec 17th 2009 NEW YORK From The Economist print edition America’s big banks are repaying the state. Can they really walk alone? IT WAS less of a goodbye kiss and more of a farewell hand-off in the face . Thirteen months after getting government cash from the Troubled Asset Relief Programme , America’s megabanks have stampeded to repay it before the new year , desperate to escape the ...

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