Bank of America Complaint - Bank of America Lies
Last Sept. I paid off all my credit card debt including nearly $10,000 to Bank of America Platinum Business simply because they've been my bank since I was 11 yrs. old and I knew they were hurting financialy. One month later I received a letter stating my card was cancelled. Had I known they would cancell me I would have only paid half and continued to pay the balance monthly. My business has been strong and growing, however it is (like all small businesses) dependent on cash flow. I am able to pay creditors (like last year)45% of my GROSS. How many businesses can say or prove this? I am now fearful that without these previously available funds I will not be able to flurish or hire help in the near future.
When the banking industry went to congress for our tax money as a bail out they told congress they would keep loaning money. If they cut my credit in half I could possibly understand but by stopping it altogether it shows me that their greed has not only caused this depression but will continue it.
How many times have you been lied to by the person on the other end of the line at their toll free number? I have received an e-mail and letter of apology for previous failures, however this time is too much. Even employees at my local Bank of America are ashamed of their bosses behavior.
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