Is this the beginning of an uprising? Popular YouTube “debtor’s revolt’ video not just one lady’s angry challenge to Bank of America. Her video hit a nerve, already viewed 247,099 times in LESS than a week…and exploding!
Today, a Credit-Success member challenged me to check out a YouTube video about some alleged “debtor’s revolt”.
…attacking Bank of America!
What prompted me to stop what I was doing and click to this video was the title, “Debtors Revolt Begins Now!”
Yeah, that caught my attention.
Okay, so what’s going on here. What’s the “to-do” about some debtor’s revolt? Turns out, Bank of America has p*ssed off a BUNCH of people and their ringleader is threatening dangerous retaliation.
…dangerous retaliation?
Click now to watch the video & see what I mean. Has “Joe Q. Public” said “Enough is enough!” to big banks?
Click READ MORE for my open You Tube CHALLENGE to this lady and why her “rant” is necessary BUT dangerous.
YOU TUBE VIDEO BOTH DANGEROUS AND NECESSARY….
Ann (the “debtor”) is mostly right and deserves praise for standing up.
When banks “universally default” every one of your cards, jacking up your interest rate from 12.99% to 30%, that UNIVERSALLY should be condemned!
When banks (for the hell of it) cut your credit limit & cause your credit scores to PLUMMET, that should be revolting. 30% of your credit scores are tied to how much “credit card” debt you carry. When banks cut your credit limits they EXPLODE your credit utilization! This is B-A-D!
Overnight, I’ve heard 100s of horror stories of shocked people wondering what just happened. People with 800 credit scores are reporting limits SLASHED on their cards, despite on-time payments each and every month and no sign of delinquency.
When banks CLOSE your credit card accounts, citing you for not using them “enough,” that’s inexcusable.
Without doubt, Ann’s YouTube video punctuates exploding anger shared by millions…and so far viewed by 247,099 people…in just ONE week! WOW….
However, Ann might not be clear of the consequences of her dangerous, accusatory attack of Bank of America.
For that reason, I have attempted to reach Ann with an open invitation to HELP her get what she wants:
Let me be clear: If Ann’s interested, I have offered to help her free. Suggesting she can stand up to a big bank or any big business on YouTube (without a legal or moral leg) is not wise.
Most people are not standing up & taking action…as Ann is.
However, Ann’s game plan (if it’s genuine and not a “viral” stunt) is dangerous, short-sighted & threatening.
Check out my short video below--it’s my open invitation to help Ann (IF) she’s really interested in help….
…or maybe all she wants is YouTube publicity by filling people’s heads with a dangerous, short-sighted & threatening rant. Let me know what you think. Please go down this page and type your comments.
Naturally, you don’t have to agree with me. Here’s what Ann (must) not understand…or she wouldn’t do what she’s done.
Dangerous?
You don’t run up a credit card and then make a YouTube video telling Bank of America you’re not going to pay off the card. C’mon, forget this crap about “civil disobedience.” This is irresponsibility. BoA did not twist your arm to take the card. Did you not understand all the banks’ credit card contracts gives them the right to jack up your rate whenever they want?
Ann, you apparently do not understand the consequences of your words (and actions). Choosing not to pay is beyond dangerous. Bank of America (and all other banks) setting people like you up for failure certainly shoulder enough blame to go around. However, you can get your intended result without a YouTube video.
Not yet anyway…and I want to prove it to you.
Short-Sighted?
Ann, you can run but you can’t hide. You claim you don’t care about debt collectors calling you many times a day. Do you care if debt collectors call your family, neighbors & employer (when you get a job?).
You claim BofA needs to wade through the backed-up courts to take legal action against you…or to pursue garnishment (when you get a job).
You claim you don’t care about bad credit.
You don’t have assets and nothing to lose.
HOWEVER, do you believe 2, 3 or even 7 years from now you will have something to lose?
Do you know a judgment can be renewed by the judgment creditor? Do you know a judgment can haunt you for years?
Do you know if you try to use credit years from now with a judgment sitting on your reports that you MUST satisfy the judgment before a potential creditor will consider your application?
Do you know many employers today are pulling credit before hiring or promoting?
Forget overpaying for everything credit related. You claim to know the consequences of your actions.
Do you?
Do you really understand the consequences of your actions? Not paying for the reasons given in your video is flat-out DANGEROUS!
If you JUST take a couple minutes to get AROUND customer (dis)service you will get the resolution you need to continue paying. Yes, you can. I help people do this all the time. It’s not difficult to get to decision-makers at any sized corporation. You do NOT need a YouTube rant to get your rate returned to ~13%. Take my invitation to help you. I’ll prove it to you.
Do you REALLY think your 1-person crusade will impact Bank of America?
Crystal Ball: My guess is that Bank of America will contact you and return your interest rate…not because of your video (I assure you) but because they’d rather you pay than not pay.
Do you really think getting a bunch of “me-too” responses to your video on YouTube will convince Bank of America to back down? Big banks are writing down millions in bad loans. Credit card debt is very different “debt” — beyond the scope of this article.
Look at a few of these “brain-dead” comments to this video on YouTube:

Threatening!
Most of all, you do NOT threaten a big bank to go after you. If you want help, I’ve offered to help you…it’s an open invitation.
You don’t make a YouTube video attacking BofA for your debt. That’s the bottom line, Ann: Bank of America did NOT twist your arm to take a credit card, charge it up to $5,000 & pay only the minimum.
Jacking your (and MANY other people’s) interest rate for absolutely no reason is corporate greed and stupidity. They know they have “bent you over (as you said) and that you can’t just pay off a $5,000 debt.
You’ve been a BofA customer for 14 years. That should (and my guess DOES) count for something.
However, you don’t just make a couple phone calls to customer (dis) service hoping to resolve an issue. Don’t you know by now, Ann, these front-line employees are trained to brush you off?
You call this a debtor’s revolt? This is not a debtor’s revolt. This is a dangerous toss of the dart, further exacerbated by attempting to intimidate Bank of America into complying with her demands. Okay, it’s your turn. What do you think of this lady Ann’s ” revolt”? Is the lady “geared up” for a 1-person fight against Bank of America? Please scroll down this page just a bit more to the comment box to tell me what you think. Go ahead, disagree with me. It’s okay. Ask a question.
Bank of America will resolve this lady’s issue. If you have a similar issue, first try to resolve it with customer service. But don’t spend much time with them getting angry. Once you do not get satisfaction (and you probably will not), get to the executive level. Email me if you want to know how I recommend. On my free CD (get it by entering your email address in the box at the top right of this page), Secret #4 explains how to resolve this kind of issue without a YouTube video.
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