Wednesday, September 23, 2009

Woman declares "debtor's revolt" on Bank of America; they respond by reducing her credit rate

Ann Minch, a Bank of America customer in California, wasn't happy when BOA upped her interest rate from 13 to 30 percent. So of course, she went to YouTube and declared a debtor's revolt. After over 250,000 views, the bank changed her rate back (no word on whether the video influenced their decision).

Learn more from CBS News, and check out her passionate video here:

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