The Balanced Spreadsheet-Financial News, Budget Advice, Debt help, Financial Tips, and other advice

February 11, 2010

Customer’s disagreement with Bank of America

Filed under: Personal Finance, Real Example — Tags: , , , — thebalancedspreadsheet @ 1:22 pm

Ever been mistreated by a credit card company? You are not alone. A poster at Cash Commons recently posted their story of being totally mistreated from Bank of America’s credit card division. You can read the full post on the site 2DogCasa. Reading her story makes me really glad I do not have any credit cards. Treating a good paying customer like they did is really ridiculous. My advice was to close the account and get rid of BOA forever. It is simply not worth putting up with the garbage.

On a side note USA Today had a wonderful cover story in their Money section on Monday on the decline of credit card use in America. With stories like the one above it is a wonder why it has not happened sooner.

Has anybody else have horror stories dealing with credit card companies?


1 Comment »

  1. Credit cards are good for emergencies or when traveling….they should not be used as a source of funds to fund living expenses!!!

    Comment by steve — February 15, 2010 @ 11:20 am

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