Bank of America Drops Couple’s Credit Scores While Grabbing Their Money!
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“My credit check shows just how badly Bank of America has killed our credit scores! They don’t care how long we’ve been customers or how much money we make for them. They just don’t care….”
Banks do not care about you or me.
It’s all about profit…for them that is.
Below, check out Doug H’s anger toward Bank of America and American Express, showing just how far banks will go to protect their profits…regardless of your (and my) loss!
“I am 49 years old and have been employed since 1993, when I graduated from law school.
“My wife and I have lived in the same home since 2000. Neither my wife nor I have any late payments on any obligation we have had over the last 10 years or more.’
“We do, however, have a good deal of credit card debt, very nearly all of it at 4.99 percent interest or less. Our annual household income is over $90,000 and our total monthly debt payments, including my student loans, our credit cards and our mortgage, is about $2,400. My wife’s credit score was about 720 and mine about 690.“
“A few months ago, Bank of America advised rather abruptly that it was cutting our cards’ credit lines by a total of about $30,000. This increased our credit utilization ratio rather dramatically, and it has begun affecting our credit scores. “
“My wife’s score has dropped by more than 50 points and mine by an even greater amount. In turn, I believe other credit issuers will begin cutting our credit limits. We just received notice from American Express, for example, that my wife’s card limit through them will be cut by over $5,000. No doubt actions such as this will further depress our credit scores.”
“As a consequence of their actions, my wife and I are seriously considering severing our relationships with Bank of America and American Express.”
Although this sounds like the proverbial cutting off of one’s nose to spite one’s face, I don’t know what else to do to express my displeasure with these companies other than discontinuing their opportunities to profit from my patronage.
– Doug H.
Of course, Bank of America is the only bank trying to steal more of your money…right? Of course, there’s nothing you can do to prevent this theft or get your money back…right?
Click Read More below to stand up for yourself and get your money back.
Student Loan Debt Cripples Recent College Grad & Prompts Shocking Confession!
Student loan debt suffocates college grads before they even earn their first paycheck. Recent college grad Hernan Castillo confesses, ” Every day I wish I had never gone to college…it has been the biggest mistake of my life!”
MSNBC’s award-winning journalist Bob Sullivan does it again!
This time, Bob exposes the shocking reality facing many college graduates. The economy doesn’t care if they just graduated…or that they have massive student loans to pay…or that they bravely took on credit card debt to cover the last few semesters.
Bob’s article is a must read in order to grasp the shocking reality behind a national epidemic: the cost of a college education is CRAZY…about to be reserved only for the wealthy elite.
For just a moment, look at this chart to the right. This is what these few colleges are charging for a 4-year degree. $53,878 for a 4-year degree?
Are you kidding me?
Oh wait, that’s not all. If you want a 4-year degree from Hobbart and William Smith Colleges, you’re going to fork over $179,153. Un-frickin-be-liev-able.
This is more than what I paid for my first home in 1998.
Is it any wonder these kids are graduating–if they’re actually able to graduate today–with a MOUNTAIN of DEBT?
Is it any wonder?
And then Bob’s headline punched me in the face:
“COLLEGE GRAD: ‘I WISH I’D GONE TO PRISON INSTEAD’ “
Who in his right mind EVER would prefer jail over college?
In all my years receiving emails and phone calls from people confused and desperate about debt and bad credit, these are the worst of times….
Student loan debt cripples many college graduates who screw up their credit and financial lives before they earn their first paycheck!
According to Bob’s article, “Hernan Castillo is treading water, trying to survive under the weight of $5,200 in credit card debt and $30,000 in student loans.”
Apparently, Hernan is freaked out by this debt ($35,200). As bad as Hernan might feel, his debt is not even a drop in the bucket compared to the debt and job loss situations I hear daily.
…not even close!
“He’s making payments on time, but the Orange County, Calif., resident sees little hope for getting out of the warehouse job he holds and landing a job as an accountant, the field in which he earned his degree. And forget about saving money for a home or retirement. He now firmly believes the money he spent earning a college degree was a waste.”
WOW! …a waste of money!”
Click READ MORE below to discover the “poor” decision many college graduates are making about college debt. More importantly, what is the real point I’d like to make about Hernan’s story?
WHAT’S WORSE THAN STUDENT LOAN DEBT?
“Debt Management Programs Suck!”
“Debt management programs suck!” Jasmine Carter of Boise, Idaho, tried debt management after seeing repeated pitch ads on TV. “I got suckered by their ads. Everything sounded so good…until I got involved with them,” says Carter.
Jasmine did not get the help she expected.
When she received a summons to appear in court, the debt management company showed its true colors. As a “benefit” of enrollment in the debt management program, Jasmine had access to an attorney.
The attorney (through the debt management program) recommended Jasmine appear in court and tell the judge she could not afford to pay the monthly payment.
Strangely, that did not make sense to Jasmine.
If she couldn’t afford to be in a debt management program, why did her “credit counselor” take her money?
Jasmine had no idea what she should do.
I am NOT an attorney and I’m not trying to dispense legal advice. I hear these same complaints every day from people in all parts of the country, not just in Idaho and not just about debt management programs.
Consumer credit counseling also is not what people think.
Click READ MORE below to get the rest of Jasmine’s debt management experience.
HOW JASMINE GETS ‘SUCKER PUNCHED’ BY DEBT MANAGEMENT PROGRAM!
Stop Debt Collection Phone Calls With One Simple, Free Letter!
Stop debt collection harassing phone calls with just one simple, free letter…or so THEY claim! Instead, these credit repair “experts pushing their free “STOP Debt Collection” letters forget something kind of important.
Car dealers fill your TV screen with small print when advertising that super-hot killer deal available only to you and for a limited time….
So do credit (dis)repair “experts”– they’re no different.
These “experts” get you all excited about the “magic pill” letter that only requires a $.42 cent stamp and you’re good to go.
Today, a lady named Jayne, who’s on my Credit-Success list, emailed me.
Apparently, Jayne is on a different credit repair list and the list owner sent her an email with a FREE letter for “stopping debt collection calls”.
Jayne thought it sounded too good to be true.
What I told Jayne is what I’m about to tell you: the letter is real…that’s simply Fair Debt Collection Practices ACT (FDCPA).
The problem with this LETTER and EMAIL (see above) is more serious than a letter that seems too good to be true.
Click the READ MORE link below for the part these credit repair “experts” either do not know or “forget” to tell you…shame on them!
THE SMALL PRINT SAYS IT ALL!
Avoid Foreclosure ‘Miracle’ Saves Orlando Family’s Home!
Avoid foreclosure now and save your family’s home with a REAL loan modification. John & Sally S. of Orlando, FL, just knew they had lost their home. Months behind on payments and too scared to answer their phone or call their lender, they packed and waited for the moving truck.
Sally made one last phone call to Sarasota Realtor Mike Payne.
It was clear, John & Sally desperately wanted to save their home!
Yet, they believed time had run out on them.
John & Sally believed they missed their opportunity to fight.
When Sally called me, she called about renting to own at Rent To Own Florida. She told me they didn’t want to lose their home but that their house was boxed up.
Sally admitted they were months behind in payments, and they did not want to come home one day to their possessions thrown onto the front yard.
Would you believe, Sally didn’t even know how many months behind they were (they were 5 months behind).
She also didn’t know if they had been served foreclosure papers (they had been served).
When Sally told me they didn’t want to lose their home, I shifted gears to try to help this family save their home.
They wanted to save their home. No short sale…just yet. No rent to own…just yet.
To Sally, I made no promises other than to assure her I would put her in touch with a mortgage professional who has helped many other families save their homes.
Without getting her hopes up, I left her with a homework assignment before talking with the mortgage professional. Over and over, Sally kept thanking me and apologizing for not facing their problems.
Once more, I explained to Sally that I might know a little about “not facing all my problems.” I told Sally about a couple investment properties destroyed by selfish people who moved out in the middle of the night.
…right in the middle of the real estate crash in Florida.
For months, I got hammered with the phone calls and knocks at the front door. I got to the point I didn’t even answer the door or phone. I knew who was knocking and calling.
…and I didn’t want to deal with it.
Suddenly, Sally took a deep breath, probably the first deep breath she had taken in months. It was then that she realized I wasn’t judging John and her and that I wanted to help them.
Click Read More below the rest of Sally & John’s attempt to save their home from foreclosure.
THE REAL SECRET IS….
Sarasota Realtor Reveals $8,000 Secret For Buying Your Home!
Sarasota Realtor Mike Payne spills the beans on how to get a check for $8,000 simply for buying your new home. Plus, just how difficult is it to get a home loan today?
The Housing and Economic Recovery Act of 2008 established a tax credit for first-time home buyers and the American Recovery and Reinvestment Act of 2009 expanded the first-time homebuyer gift.
This is a special $8,000 dollar gift for you. Buy your new home in 2009 and get a check for $8,000 provided:
- Your home is your primary residence — in other words, you’re going to live in the house.
- You will live in and own the home for 36 months.
- The credit is claimed using Form 5405.
The next BIG question I get involves credit score requirements and down payment.
Newsflash: It’s not difficult to get financed today!
Click Read More below to discover the secret about credit & down payment requirements for buying your home today.
Debt Consolidation “Happy Talk” Did Not Give David Miller That Happy Feeling!
Debt Consolidation was supposed to free David from debt and debt collectors in 12 months. What David Miller of Atlanta, GA, got was far more than he expected, causing him to wonder what just happened.
David never believed his credit could get any worse or that debt consolidation would not benefit him.
The debt consolidators promised to negotiate his debt with his creditors. They told him they would:
>> consolidate his payments into one payment,
>>lower his monthly payments,
>> reduce his interest rates,
>> waive late fees,
>>eliminate collection calls,
>> help him avoid bankruptcy,
>>provide him with only one monthly payment and
>>help him become debt-free in 12-36 months.
Sounds great so far, right? David thought so…until after he signed up.
Immediately, David’s debt consolidator made calls on his behalf, getting his creditors to (agree to) accept payoff at 50% of debt . He had agreements in place and was prepared to make monthly payments to the debt consolidation company.
David’s DC counselor assured David he’d be debt free in 12 months.
Unfortunately, the DC counselor did not tell David that she would destroy his credit in the process of saving him a “couple bucks.”
Click “Read More” below to learn from David’s HUGE mistake…he’s trying to rebuild his credit and wondering how he only saved a couple bucks.
DEBT CONSOLIDATION “MISTAKE” HAUNTS DAVID….
Credit Repair Fast “Experts” Spill The Beans On Removing Bad Credit!
Credit repair fast “experts” pretend only THEY possess the knowledge and ability to help you fix your credit and regain your good credit life. Ironically, most credit (dis)repair companies LOWER your credit scores and help you get SUED!
That’s right, credit (dis)repair companies’ monthly fee includes firing off “rounds” of dispute letters…on your behalf.
They try to overwhelm the BIG 3 with paper, trying to slip in a dispute letter for a bad credit account not verified within 30 days.
Jimmy Skoles could not believe how bad credit accounts DELETED from his credit reports would lower his scores.
It didn’t make sense to him.
Susie Reynolds could not understand how bad credit accounts deleted from her reports one month would return the next month.
Jimmy and Susie have something in common: EACH paid a credit (dis)repair company $100s of dollars for credit “repair”.
The other day, a person named “damastarmind3″ asked a question in my forums about disputing…about how easy it is to dispute… …according to some credit repair “specialist (that is).
So what do you expect to hear from a credit repair “specialist?” It must be easy, right? Check this out below:
For the rest of my response, click READ MORE below.
CREDIT REPAIR ‘SPECIALIST’ KNOWS BEST…RIGHT?
The Secret Captures Susan Boyle Blowing The Socks Off TV’s Simon Cowell…And Millions Of Shocked Viewers!
The secret to success flashes before me on a YouTube video in the form of a 47-year-old unemployed and unassuming Susan Boyle. What possibly could happen when one lady tells herself she has nothing to lose while standing before MILLIONS of people including world-renowned skeptic Simon Cowell?
What you are about to see on this YouTube video is nothing short of stunning…beyond belief. This short 7 minute video inspires hope…at a time many of us need to regain hope.
Unemployed 47-year-old Susan Boyle from Northern England casually strolls onto the stage of “Britain’s Got Talent” amidst Simon Cowell’s scowling face and does something unthinkable.
After you check out this video, please share your thoughts below. Tell me you didn’t get goosebumps cheering (silently at work) for Susan.
Tell me you didn’t get a bit upset by all the cynical looks from audience members and judges who appear to pre-judge Susan’s look, age & demeanor.
Truth time: I thought my friend sent me a “gong” show video when I first saw Susan…if truth be told. Yep, I’m guilty as charged. I sure as hell pre-judged:
All around us, our family and friends are losing their jobs, their homes, their hope…everybody appears to be losing more than stuff.
Lo and behold, a friend sent me a little hope by email in the form of a YouTube video.
Simon Cowell is scowling and rolling his eyes. The camera pans the audience, catching rolling eyes and raised noses.
Whatever is going through Susan’s mind, she attempts humor when trying to answer a couple questions before breaking loose.
What do you do when faced with nothing to lose, facing an HR person for an interview…for the umpteenth time? Whatever the challenge, Susan reaffirmed the need to face fear and trust ourselves.
Honestly, I cannot imagine being good enough at anything that I could stand on stage in front a studio audience and millions of TV viewers, many of whom are expecting to get a big laugh from my crashing & burning.
What do you do if you’re in Susan Boyle’s shoes?
What do you do? Well, if you’re unassuming Susan Boyle, you wrap your two hands around the microphone, focus and…
…you sing your song to the rafters. You lift your voice to the heavens. You give a life-defining performance, and you sing an audience of millions into tears.
You hit your high note and bring a lump to the throat of the judges.
You bring the audience to their feet and watch as they realize they can’t possibly reach their hands high enough in the sky to applaud you.
You inspire a planet (that’s right…check out the number of hits for this YouTube video…numbering into the millions by the time you see it).
Apparently, Susan realized she has the “right stuff.” She doesn’t “look” like a musical sensation. She doesn’t “act” like a musical sensation.
Dream your dream, no matter what it is or what you have to do to achieve.
The secret to success reaffirms in a short YouTube video featuring Britain’s newest musical sensation, Susan Boyle. Lord knows I need a “faith recharge” in these troubled times. Thanks be to Susan Boyle who steps forward against overwhelming odds and WINS!
Work From Home Scams Snag Smart But Desperate People Too!
Work from home job offers filling your email box are SCAMS…all of them! I scream, “S-C-A-M” but I can’t even get my own friends to hear me. It’s desperate people experiencing desperate times that call for desperate (and dangerous) measures.
Disclaimer: Okay, maybe not every work-from-home email solicitation is a scam. After 7 years of monitoring the “work-at-home” email solicitations, I’ve not found one to be legit and my friend Mark’s opportunity definitely was not legit.
I was 100% certain of that.
Mark Sweeterman emailed me what I thought was a joke.
Oops, Mark wasn’t smiling….
Oops, it was not a joke….
Mark really believed he had stumbled upon a money-making opportunity, and he was excited to share it with me.
Mark didn’t contact me to “put the sniff test” to the offer. He already had bought in…he simply wanted me to join him.
What the #%$^!!!!!!!!!!!!!!!!!!!!
Dude, THIS offer is a S-C-A-M!
Get the H-E-L-L away from these clowns.
Click Read More below to find out who the real bad guy is…and it’s not whom you think it is.
WILL THE REAL ‘BAD’ GUY PLEASE STAND UP?
