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1
MisdemeanorRebel
2012 Jan 4, 6:06am
MisdemeanorRebel
2012 Jan 4, 6:06am
So glad we bailed out Bank of America so they could lend to small business and help with unemployment.
2
futuresmc
2012 Jan 4, 7:12am
Well, if they can't get it out of $2.00 fees on bill payment or a return to checking fees, they figure they'll take it out of small businesses instead. Banksters behaving badly as usual
>>>Bank of America Corp., under pressure to raise capital and cut risks, is severing lines of credit to some small-business owners who have used them to stay afloat.
>>>The Charlotte, N.C., bank is demanding that these customers pay off their credit line balances all at once instead of making monthly payments. If they can't pay in full, they are being offered new repayment plans for as long as five years, but with far higher interest rates than their original credit lines had.
From the LA Times
http://www.latimes.com/business/la-fi-credit-cutoff-20120103,0,3538902.story