BoA Class Action Settlement Proposed

hannah · 07-13-2007, 02:16 PM

If between September 9, 1995 and May 31, 2007, you had (1) a Bank of America non-business checking or savings account, (2) a non-business loan with Bank of America secured by residential real estate (i.e., a mortgage loan); OR (3) a Bank of America branded consumer credit card and a California mailing address for purposes of communicating with Bank of America, you may get part of the proposed settlement.

Check this site for proposed settlement information.

stargazer0725 · 07-13-2007, 02:39 PM

Wow....these settlements really chap my @$%! You have to actually GIVE them business in order to get a benefit from the settlement....basically saying, "Ya, we sold your private info to make a buck, but let us make a bundle of money off your$200,000 mortgage loan, and we'll throw a couple Bennies your way and laugh all the way to the bank! (Oh wait...we ARE the bank!)"

Hedwig · 07-13-2007, 03:28 PM

I got a whole $5 credit from Verizon Wireless last year--but I had to use it to buy accessories.

So I have to spend $50 to get $5???

Class actions mainly make money for the attorneys.