The reason for this is that properly qualified people still took the length of time for approval and turned down many times, so even if it wasn't just a few years ago. When they need not end in sight to the economic situation, where one goes for the extra funds? For citizens, the unexpected comes in the form of extra cash online payday loans for expenses
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Class action suit filed against Bank of America for abuse - The American Genius
I think you (WE the People) need to create a Petition SITE, so people can sign and demand Bank of America to change its current sleazy practices and also get our state congressperson and senators get involved and make them to stop what they are doing. Even my own sister, also a real estate agent had 11, yes eleven offers on her home over the course of 2 years to which NONE, thats correct, none, were even responded to by BofA
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We are selling to Americans, the bank flags their acct for big purchases, BUT, it always just takes one phone call for the bank to verify they are who they say they are and the card was not stolen, and they almost ALWAYS will up the limit. chiefray71 says: February 28, 2008 at 6:34 pm @nevergod: I am finding hard to find places that would accept a check for any amount let alone this large purchase
This required pervasive documentation fraud." So what happened when institutional investors realized that the loans they had bought from Countrywide were nothing but shams? Instead of buying back the bad loans as promised, and as required by its own contracts, the bank simply refused to answer its phone. This, in essence, is the business model underlying Too Big to Fail: massive growth based on huge volumes of high-risk loans, coupled with lots of fraud and cutting corners, followed by huge payouts to executives
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