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

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 Minch’s...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

This is a great video that explains what big banks are doing to hurt the average person in the USA. clipped from dont-pay-credit-cards.comThe fact that banks are not lending is a real problem. And they, as Mrs Minch said, screwed up with easy credit which was undone by the fact that investors are not going to be burned by banks selling them risky securitized bonds based on credit card accounts. Anyway here is the video. Enjoy!Actually I started this revolt but I love this debtor revolt video...Read Full Story

"Message to Bank of America: I've decided to it's time to take a stand against the banksters' usury and greed! If our founding fathers were willing to sacrifice their LIVES for our FREEDOM, then I can certainly sacrifice my credit score and be willing to be sued. I'm staging a DEBTOR'S REVOLT!"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...Read Full Story

A former Bank of America employee is one of many following in Ann Minch's footsteps by offering Bank of America a public video message. "We're pissed...you are not getting another penny from me..." Here's a small excerpt from the below video;"I was an assistant branch manager for Bank of America for two years. I represented the banks wishes and directives of selling financial products. Many of these products that were pushed by myself and other front line sale staff seemed very predatory and...Read Full Story

Below is her latest efforts and an update of what happened with her Bank of America bank account thus far.  For those who are tuned into this, understands the underlying importance, I think you’ll find this interesting.  Again, Ann Minch— you are really something else, lady!  You have “Why O’ Why’s” support!!  [NOTE: for those who are unaware of this, here's the original posting we made: Debtor’s Revolt: Woman Refuses To Pay Off Bank Of America Credit Card (VIDEO)]Read Full Story

Banks and creditors seem to share a common dislike with many consumers that are annoyed by rate increases, late fees, and dropped credit limits, amongst other gripes. Thus, it’s not too surprising that one woman’s call to arms against these companies has become a viral sensation on YouTube.Read Full Story