Debtors Revolt Now
Recently, I have had the privilege of speaking with Ann Minch from California who has put together a website known as www.debtorsrevoltnow.com and is making some serious noise with her efforts! How serious? Here is Ann’s story and it is one I think you will enjoy hearing!
Recently, Ann’s interest rate on her Bank of America card was raised from 13% up to 30%! This is the same Bank of America that received huge amounts of tax payer money for a bailout. Ann tried to reach customer service at Bank of America and explain how she had never been late in her payments, had paid more than the minimum and had this account for many years in good standing.
It was all to no avail as she tried to reach them on numerous occasions to get her rate back to where she felt it should be, 13%.
Enter social media by the name of youtube and Ann really hit a home run as well as a nerve among many others who have felt they have been taken advantage of by the credit card companies. When Ann could not get any satisfaction with the customer “no” service, she posted her dilemma on youtube and, within a short period of time, it went viral! How viral did it go? Try 476,000 hits as of this writing! Lo and behold, Ann finally got someone from Bank of America to speak with her and reduce her rate back to where it was.
Ann was not finished yet as this action inspired her to set up her site at www.debtorsrevoltnow.com which is an effort to encourage others to boycott the big banks and additional Wall Street firms that have been in bed with the government and has led to many challenges for the American public. One of which is the sub-prime issue that was directly caused by government forcing banks to loan money to unqualified people (reports of this allegedly going to illegal aliens as well) that allowed the housing industry to go into a free fall along with property values.
One of the reasons for Ann’s work is to work together to reduce taxes and “starve” our tax and spend bureaucrats of the money they are literally throwing away with many of their programs. Government only consumes and truly produces very little. We need to take back our nation and stop the intergenerational theft that is taking place!
March 5th, 2010 at 3:23 am
I like the layout of your blog and I’m going to do the same thing for mine. Do you have any tips? Please PM ME on yahoo @ AmandaLovesYou702
July 10th, 2010 at 3:03 pm
Thank you for your response. I apologize for taking this long to get back to you. I may be reached at the above email and would be more than happy to respond to your comment and could call you.
All the best!
Tim Law