Ann Minch

SOURCE: Huffingtonpost.com.   For years, Ann Minch of Red Bluff, Calif., has carried a balance of several thousand dollars on her Bank of America credit card, making minimum monthly payments of about $130, sometimes paying an extra $50 or $100. She says she’s never missed a payment.  Bank of America rewarded her loyalty this year by repeatedly raising her interest rate, which reached 30 percent in July. Fed up, the 46-year-old stepmother of two turned to YouTube.  “There comes a time when a...Read Full Story

Debtors Revolt–Credit Card Banks Are Like A Bad Boyfriend – Time to Break Up! Tube. Duration : 0.92 Mins. www.myhopeseries.com Attorney and Author Mark S. Hankins explains how credit card banks cheated on you with exotic hedging derivatives and executive bonuses and are turning into the nightmare boyfriend you need to break up with ASAP. Ann Minch endorses Mark’s Book, “Debt Hope Down and Dirty Survival Strategies” to help you manage the breakup without getting hassled by their creepy...Read Full Story

On the Suze Orman show this weekend I watched this video of Ann Minch who refused to pay her Bank of America credit card bill. This was the beginning of a debtor revolt and she encouraged others to join in the fight and stand up against inflated interest rates, declining credit card usuage and made a youtube video which received a positive outcome from the Bank of America executives. “There comes a time when a person must be willing to sacrifice in order to take a stand for what’s right...Read Full Story

I’m one of those weird people who pays my credit card off every month.  I’ve got a pretty good credit score.  Yet, last fall I received a letter from Citibank informing me that it would be raising the interest rate on my account because of “changing market conditions,” just weeks after the Bush Administration had convinced Congress to pass legislation bailing out the banks.  Chase sent a letter soon thereafter doing the same.  I was supremely annoyed and called and complained.  Chase did...Read Full Story

Last week we wrote to you about Ann Minch , who decided to launch a one-woman revolt against Bank of America , who she believed had unfairly raised the interest rate on her credit cards to 30% (see that post here ).  BOA was a recipient of funds from the government’s bank bailout and Minch claims that she was never late making her payments.  The post generated quite a few comments and strong opinions (including one by our friend Matt Dibble who was, shall we way, less than impressed by...Read Full Story