Viral: Ann Minch is back . . . and she won!

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 on-camera presence and accuracy).

Minch seems to have gotten the desired response, though.  Check out her latest video below.  BOA has apparently agreed to reduce the rate on her credit card after one of their executives got in touch with her last Friday.

A few more deets, after the jump . . . Minch spoke about her conversation with the bank exec on camera, who she said was very polite and didn’t raise the issue of her youtube video.

[The executive] tried to get me to agree to 16.99 percent and I said, ‘No, nope, I believe because you guys are getting your money from the Fed at zero percent interest . . . that 12.99 percent is more than [a] generous profit margin for you guys.’ –Ann Minch on her talks with BOA

Her first video has now been viewed nearly 250,000 times (despite the less than ideal production values — maybe that’s why it is so effective, because this is obviously a *real* person fighting back).

Ann says that the movement will move on at www.DebtorsRevoltNow.com (they’re still working on the site, but eventually they’ll have links, resources, and a “four-point action plan”).  Ann’s also working on an idea to revolt against taxes. (Careful, Ann, the courts have ruled decisively numerous times against tax protestors.  That 30% interest rate will not seem so bad if you’re behind bars on federal tax charges!)

More from HuffPost here.

Related posts:

  1. Viral: Bank of America, Ann Minch is not gonna take it any more!
  2. Good Eats: Veggie out at Ann Arbor’s Seva
  3. Good Eats: Zingerman’s Roadhouse, regional comfort food goes upscale in Ann Arbor

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