Consumer Revolt-Irate Bank Customers Staging Online Revolt
When Bank of America raised her credit card interest rate from 13 percent to a whopping 30 percent, Ann went viral, reports CBS News correspondent Ben Tracy. "I could get a better rate from a loan shark," she said online. So she gave them her terms - lower the rate or she won't pay. "Stick that in your bailout pipe and smoke it," Minch said.
The video was viewed a quarter million times. Thousands responded complaining about their own banks. "Capital One, you can just kiss my a**," said one angry customer on an Internet video. American banks are easy targets. They got billions in bailout funds and are now raising rates and fees on those very same taxpayers.
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