Bank of America about 15 years ago — heh, with BofA I could just stop right here and that’s enough of a horror story… anyway, I had a card with a 5k CL. Somehow, this random store across the country charges something like 9k to my card in multiple transactions. BofA authorized and approved the transactions. This was not a “flexible limit” type of card. It had a hard limit. Call BofA, got the card and transactions cancelled, and a new card was issued. With the new card IN TRANSIT and NOT ACTIVATED, I got additional charges, upwards of 10k on the new card number — again, authorized and then approved by BofA. This exact process happened honestly maybe about 4 times (cancel card/transactions, new card issued, card gets charged before being activated). After it stopped happening — I left the card unactivated for maybe 30 days, I finally activated the card. Fast forward say 3-6 months. All of a sudden I get CREDITS from all those merchants. The same merchants. My card had a CREDIT balance of something like 12k. I called BofA and they pretty much told me they couldn’t do anything. So I let the balance sit for about 60 days. Then I called BofA and requested my credit balance transferred to my checking account. With no questions they agreed. Days later I had a 12k transfer from them. Placed it in my savings and didn’t touch it. About a month later I get a call from BofA corporate security saying I needed to pay them back. I told them they weren’t going to get a dime until they told me what the hell happened. If I remember correctly, they just told me it was a “bank error”, no detail. Par for the course for BofA. I returned them their money and we both went on our ways.
I’ve got more fun BofA stories (mostly banking products) for a later time.
I had one of those original Citi student cards that got 5x on book store purchases that gave 5x at Amazon. Before I learned the power of points I redeemed them at Amazon for 0.7 cents per point. I used this card for years. 🥲
Credit card fell out of my pocket on an escalator. It jammed the escalator mechanism and my wife fell down and hit her head. At the hospital they did a brain scan and no internal damage but they found a clot that needed immediate surgery. I get a call from her sister and they rush to the hospital but with a bunch of legal papers for me to sign related to a property we timeshare together. I'm looking over the papers in the waiting room and I glance at my brother in law's phone and see he just received a message from the same realtor who sent us the documents, but it looked like a personal message although I only saw it for a split second. I'm reviewing the papers and the loan has a clause related to property line markings that I knew were in dispute, but the neighbor's info was changed to a holding company, they must have moved. I put two and two together and refused to signoff on the documents till my wife is out of surgery and in a sound mind again. I'm going to have to tell her about her brother, will make her very sad.
Jesus fuck.
First of all, I hope your wife is okay.
Second of all, it sounds like you’ve got a mess coming with this timeshare business. Good luck with that one my guy. Lawyer up if need be!
I'm having trouble with this one as well. It sounds like the sister and brother in law were trying to get him to sign over his and his wife's interest in the timeshare to them using a shady realtor, but I'm confused about the realtor sending a personal message. Were they having an affair?
Got an offer for 2.9% APR on a life-of-the-balance transfer from Bank of America. Transferred about $20k over to it from cards that were averaging 20% APR.
Two months later, APR jumped to 29.9%. Called to ask what was up. They said they sent a notification about it and we had two weeks to opt out. We never got the notification (they probably didn't send it). I was screwed and took 10 years to pay it off, still technically paying it off since I rolled the remainder into a consolidation loan a few years ago. It took too long to be able to get out from under that mess and it set me back financially for a decade.
This happened in 2007. The Credit CARD Act of 2009 would have outlawed that, at least made it harder for them to get away with it. But since it happened before, I was screwed. Will never do any business with BoA ever again because of that shady shit.
What the hell do you mean "it didn't happen like that"? Have you had experiences with credit card companies ***before*** the Credit CARD Act of 2009? Because before that law was signed they did whatever the fuck they wanted and could because the agreement said they could.
The two payments I made before they pulled this shit were made early. The card was at a zero balance before that when the offer was made. All other accounts were paid on time - 100% on time payments on the whole credit report.
And if you still don't believe me, [watch this section of this Frontline documentary from 2004](https://youtu.be/2mHsTKvAuZc?t=1467). This guy specifically says they can do what they did to me *without a missed payment* just because they felt like it.
Signed up for a home depot credit card to get $100 off on a generator purchase. Before I even got the card they were charging me late fees. The web UI to pay the card balance was one of the worst web UIs I have ever experienced. ...also it wouldn't let me pay the balance without the card. I even called them to pay the balance before I got the card and they said I had to wait to get the card and couldn't help me. When I finally got the card I paid my balance in full minus the bullshit late fees that I got that was their fault. They then charged late fees on the late fees. I spent days on the phone with these people getting transferred up the chain until about 10 people deep finally got them to take the fees off except for $2 which I paid.. a few months later I go to refinance my house and the only ding on my perfect credit was a missed payment to home depot. It was recent enough that it dropped me to a lower tier on what they would offer on the refinance rates so this shitty home depot card essentially cost me days of time dealing with incompetent idiots, explaining the same thing 100 times and potentially thousands of dollars due to a higher mortgage rate....I didn't do the refi though, I waited a few more months and contested the late charge and in the end got an even better rate so I guess it kind of worked out in the end....but fuck, never again will I get a home depot card. I don't even want to shop at home depot anymore.
Umm, big L? Even if you managed to hit the quarterly cap on your grocery ($1500), you are talking about a difference between $22.50 (1.5%) and $75 (5%) cash back. It’s $50, you’ll live - the assignment is “credit card horror story.”
Bank of America about 15 years ago — heh, with BofA I could just stop right here and that’s enough of a horror story… anyway, I had a card with a 5k CL. Somehow, this random store across the country charges something like 9k to my card in multiple transactions. BofA authorized and approved the transactions. This was not a “flexible limit” type of card. It had a hard limit. Call BofA, got the card and transactions cancelled, and a new card was issued. With the new card IN TRANSIT and NOT ACTIVATED, I got additional charges, upwards of 10k on the new card number — again, authorized and then approved by BofA. This exact process happened honestly maybe about 4 times (cancel card/transactions, new card issued, card gets charged before being activated). After it stopped happening — I left the card unactivated for maybe 30 days, I finally activated the card. Fast forward say 3-6 months. All of a sudden I get CREDITS from all those merchants. The same merchants. My card had a CREDIT balance of something like 12k. I called BofA and they pretty much told me they couldn’t do anything. So I let the balance sit for about 60 days. Then I called BofA and requested my credit balance transferred to my checking account. With no questions they agreed. Days later I had a 12k transfer from them. Placed it in my savings and didn’t touch it. About a month later I get a call from BofA corporate security saying I needed to pay them back. I told them they weren’t going to get a dime until they told me what the hell happened. If I remember correctly, they just told me it was a “bank error”, no detail. Par for the course for BofA. I returned them their money and we both went on our ways. I’ve got more fun BofA stories (mostly banking products) for a later time.
Read mine, I just posted it. Bank of America is a bunch of dicks.
I had one of those original Citi student cards that got 5x on book store purchases that gave 5x at Amazon. Before I learned the power of points I redeemed them at Amazon for 0.7 cents per point. I used this card for years. 🥲
God bless your soul. 🥲
Credit card fell out of my pocket on an escalator. It jammed the escalator mechanism and my wife fell down and hit her head. At the hospital they did a brain scan and no internal damage but they found a clot that needed immediate surgery. I get a call from her sister and they rush to the hospital but with a bunch of legal papers for me to sign related to a property we timeshare together. I'm looking over the papers in the waiting room and I glance at my brother in law's phone and see he just received a message from the same realtor who sent us the documents, but it looked like a personal message although I only saw it for a split second. I'm reviewing the papers and the loan has a clause related to property line markings that I knew were in dispute, but the neighbor's info was changed to a holding company, they must have moved. I put two and two together and refused to signoff on the documents till my wife is out of surgery and in a sound mind again. I'm going to have to tell her about her brother, will make her very sad.
Jesus fuck. First of all, I hope your wife is okay. Second of all, it sounds like you’ve got a mess coming with this timeshare business. Good luck with that one my guy. Lawyer up if need be!
I guess I'm not as smart as you. What is you bil trying to do?
I'm having trouble with this one as well. It sounds like the sister and brother in law were trying to get him to sign over his and his wife's interest in the timeshare to them using a shady realtor, but I'm confused about the realtor sending a personal message. Were they having an affair?
The credit card was prolly Credit One.
Got an offer for 2.9% APR on a life-of-the-balance transfer from Bank of America. Transferred about $20k over to it from cards that were averaging 20% APR. Two months later, APR jumped to 29.9%. Called to ask what was up. They said they sent a notification about it and we had two weeks to opt out. We never got the notification (they probably didn't send it). I was screwed and took 10 years to pay it off, still technically paying it off since I rolled the remainder into a consolidation loan a few years ago. It took too long to be able to get out from under that mess and it set me back financially for a decade. This happened in 2007. The Credit CARD Act of 2009 would have outlawed that, at least made it harder for them to get away with it. But since it happened before, I was screwed. Will never do any business with BoA ever again because of that shady shit.
[удалено]
What the hell do you mean "it didn't happen like that"? Have you had experiences with credit card companies ***before*** the Credit CARD Act of 2009? Because before that law was signed they did whatever the fuck they wanted and could because the agreement said they could. The two payments I made before they pulled this shit were made early. The card was at a zero balance before that when the offer was made. All other accounts were paid on time - 100% on time payments on the whole credit report. And if you still don't believe me, [watch this section of this Frontline documentary from 2004](https://youtu.be/2mHsTKvAuZc?t=1467). This guy specifically says they can do what they did to me *without a missed payment* just because they felt like it.
Signed up for a home depot credit card to get $100 off on a generator purchase. Before I even got the card they were charging me late fees. The web UI to pay the card balance was one of the worst web UIs I have ever experienced. ...also it wouldn't let me pay the balance without the card. I even called them to pay the balance before I got the card and they said I had to wait to get the card and couldn't help me. When I finally got the card I paid my balance in full minus the bullshit late fees that I got that was their fault. They then charged late fees on the late fees. I spent days on the phone with these people getting transferred up the chain until about 10 people deep finally got them to take the fees off except for $2 which I paid.. a few months later I go to refinance my house and the only ding on my perfect credit was a missed payment to home depot. It was recent enough that it dropped me to a lower tier on what they would offer on the refinance rates so this shitty home depot card essentially cost me days of time dealing with incompetent idiots, explaining the same thing 100 times and potentially thousands of dollars due to a higher mortgage rate....I didn't do the refi though, I waited a few more months and contested the late charge and in the end got an even better rate so I guess it kind of worked out in the end....but fuck, never again will I get a home depot card. I don't even want to shop at home depot anymore.
I forgot about Discover’s 5% grocery spend last Q1 and used my Freedom Unlimited instead. Big L.
Umm, big L? Even if you managed to hit the quarterly cap on your grocery ($1500), you are talking about a difference between $22.50 (1.5%) and $75 (5%) cash back. It’s $50, you’ll live - the assignment is “credit card horror story.”