From: Joseph
State: Missouri
Posted: 09/25/2008
Subject: MBNA--Bank of America
Comment:
"Two former employees of credit card issuer MBNA, now owned by Bank of America, said on Wednesday they were forced to use aggressive and deceptive practices with customers in order to boost revenues. Cate Colombo, from Maine, said she signed up for a customer service job but was instead instructed to make insistent sales pitches aimed at getting MBNA customers deeper into debt." Link. We all know this happens but reading so plainly the practices of a major credit card company makes one sick. And then the credit card companies went to Congress who pass a bankruptcy bill making it much more difficult for consumers to get a fresh start after having been force fed gobs of credit beyond their means. Credit card companies have become the equivalent of drug pushes.
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