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  1. #1
    Join Date
    Oct 2009
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    where no man has boldy gone
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    3,642

    Bank of America dropping overdraft fee!

    Bank of America is taking a big step in dropping their $35 overdraft fee. Please see story below

    msnbc.com Video Player
    Last edited by KateB; 06-13-2015 at 01:12 PM. Reason: repair url tag.
    It's almost been a year since we did our last show.Jay Bush my partner has been auditioning for the show Shark Tank and so this has put the show on hold. If he gets on Shark Tank, we will be terribly delayed. Good luck Jay. Either way we will one day continue the show and have the coolest global independent radio station out there. This is just a small video we did with one of our artists.Waiting for One and their tune 35 years. Check it out.
    http://www.youtube.com/watch?v=W7Go80y20fA
    We hope to be doing a radio show with all our artists real soon. Hope you can join in the fun. Please bare with us while we improve the show especially the sound.
    Laserdog Enterprises would like to bring you our version of a Tribute to the Angels of Newtown. Another school shooting in Georgia thankfully no children were hurt.
    http://www.youtube.com/watch?v=axOGOBT77Xs

    Please take a few moments and visit the missing children site. We really need you.
    Click on the link to find a missing child,teen or adult.

    http://www.missingkids.com/missingki...eCountry=en_US

  2. #2
    Join Date
    Oct 2005
    Location
    The Burbs
    Posts
    1,074
    Here's to hoping other banks follow suit!!
    The above post is as always MY OPINION ONLY!

  3. #3
    Join Date
    Aug 2005
    Location
    The South, USA
    Posts
    2,405
    People can't use their debit card if there isn't enough money to cover. I personally think this is a great idea. When I was in college I was introduced to credit cards and didn't really understand what that meant. I got into a lot of money trouble that way early on; now I feel like I'm much smarter about my money (no credit cards, which can be a pain sometimes), but I see my high schoolers with debit cards, and it seems like "plastic" equals "money" to them.

  4. #4
    Join Date
    Oct 2006
    Posts
    787
    The overdraft fees were a huge source of income for BOA and I have no doubt they will be looking for ways to make up for the lost revenue......out of their customers pockets!!!

  5. #5
    Join Date
    Nov 2008
    Location
    connecticut
    Posts
    127
    Quote Originally Posted by Melly53 View Post
    The overdraft fees were a huge source of income for BOA and I have no doubt they will be looking for ways to make up for the lost revenue......out of their customers pockets!!!
    They already have. Two days ago I got a bill for almost $500, for charges and late fees from 2008 mortgage payments. Never was brought to my attention before this, always paid my late fees. I asked them to print out my payment history and send it to me so I can check it out. THe girl I spoke to on the phone said my account was current and had no problems. Apparently another department has been hard at work trying to find money.

  6. #6
    Join Date
    Nov 2008
    Posts
    4,973
    Something doesn't seem right about being charged 2 years later, do you think this is on the level?

  7. #7
    Join Date
    Oct 2009
    Location
    where no man has boldy gone
    Posts
    3,642
    I remember them when they were NBNC once they became in my opinion Skank of America, I quit them. I'm glad they are doing this because what they did to that soldier who is risking his life for this country was a very greedy move. I remember everyone complaining a couple of years ago that they were doing something to make peoples accounts bounce. I just hope this isn't a move to make people join them and then they pull some hidden charges as one poster has stated. I hope all these banks learn greed gets you no where.
    It's almost been a year since we did our last show.Jay Bush my partner has been auditioning for the show Shark Tank and so this has put the show on hold. If he gets on Shark Tank, we will be terribly delayed. Good luck Jay. Either way we will one day continue the show and have the coolest global independent radio station out there. This is just a small video we did with one of our artists.Waiting for One and their tune 35 years. Check it out.
    http://www.youtube.com/watch?v=W7Go80y20fA
    We hope to be doing a radio show with all our artists real soon. Hope you can join in the fun. Please bare with us while we improve the show especially the sound.
    Laserdog Enterprises would like to bring you our version of a Tribute to the Angels of Newtown. Another school shooting in Georgia thankfully no children were hurt.
    http://www.youtube.com/watch?v=axOGOBT77Xs

    Please take a few moments and visit the missing children site. We really need you.
    Click on the link to find a missing child,teen or adult.

    http://www.missingkids.com/missingki...eCountry=en_US

  8. #8
    Join Date
    Mar 2009
    Posts
    829
    Did anyone see the story on HLN yesterday about the woman in Pittsburgh whose house was foreclosed on? The people who worked for the mortgage department of BOA went to her property to secure it the way it is done during foreclosure - locks are changed, pipes are winterized, water is shut off, etc. etc. In the process over 15k worth of damage was done - mostly to the carpet and walls. The woman's first name was Angela, last name started with an I. Her exotic bird was taken also. Now for the punchline - her mortgage payments were up to date - were never late, and she was not in foreclosure. BOA states it is investigating what happened, the exotic bird was returned to the homeowner, and the homeowner is suing for the damages that occurred to her property! I will try to find a link and will post it. Another guffaw from the banking industry!

  9. #9
    Join Date
    Mar 2009
    Posts
    829
    http://chattahbox.com/business/2010/...rot-snatching/

    Above is an article about the woman whose house was damaged and bird taken in Pittsburgh, PA. I had stated 15k, but it is 50k for which she is suing in damages.



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