Obama Town Hall in NM on Credit Cards
It looks like President Obama is coming back to New Mexico, and the topic of conversation:
You might remember that not long ago I put up a post regarding what I thought was a rather questionable practice by Bank of America:
What did I get for my trouble? I got an email response that said:
Gov. Bill Richardson says President Barack Obama is planning to visit Albuquerque next week to hold a town hall meeting on credit card debt.Here is the thing. There has been an awful lot of talk on this front. Yet, if you want to file a complaint against what appears to be abusive practices, the federal government makes you jump through unnecessary hoops.
You might remember that not long ago I put up a post regarding what I thought was a rather questionable practice by Bank of America:
So, the question is raised, "Why would Bank of America intentionally set a Sunday due date if making payment on this date is going to cause the consumer to be considered late?" When I spoke to the customer service representative, I was told that when I logged online to pay my bill, there was a disclaimer that it would not be processed on time. Of course, by that point in time there is absolutely no way to make a timely payment on the account - because Bank of America purposely set the due date to fall on a SUNDAY. In fact, he told me, even if I had paid the bill on Saturday, the day before it was due according to my statement, it still would not have been processed in time.In that post I indicated that I didn't take all of this sitting down. Instead, I spent some time researching which was the appropriate federal agency with which to file a complaint, and submitted a very detailed online complaint with the Comptroller of Currency.
What did I get for my trouble? I got an email response that said:
We handle a large volume of Emails. Since you have been assigned a case number, we request that you communicate with us through phone (800-613-6743), fax (713-336-4301), or regular mail as we do not process complaints by Email.This is absurd. I'm not asking them to act on my behalf as much as I'm asking them to look into a situation which is no doubt impacting millions of Americans. Since I doubt I'll receive an invitation to ask questions at the President's town hall in New Mexico, maybe one of the Democrats reading this can ask the question I raised in that previous post.
Labels: Bailouts, Bank of America, Fraud

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