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Quick question... Does Bank of America own Discover Card? Looking forward for any comment. Second question.. He also said he will sue BOA if they try to ruin his credit for doing this.. |
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You betcha! although you might want to make sure and wait for another commenter to confirm this as I am not sure. Better yet, why don't you call the Discover Card guys because they can assist you better...
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He should've just opted out. BOA won't close anyone's account if they opt out...
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What exactly will be the basis of his lawsuit when they mark his credit report late?..
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Best I can tell from reading: Breach of contract (by altering his terms in an "anticipatory fashion"), therefore rendering the entire contract void...
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Well because they executed upon his phone request for a CLI, he is complaining he was robbed of having that opportunity..
A faint light bulb actually went off over my head when I read this part, is there a contestable difference to being slashed & jacked without option to opt out to being sent a letter doing the same with the time sensitive option to opt out? Do they cover this in their Terms & Conditions? I do not have a BoA card as I closed them immediately after they gave notice of adding an AF, shredding all docs in the process.. Hmmmmm lets explore... |
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Ann Minch can qualify as a "least sophisticated consumer" - or at least an unsophisticated consumer - but an attorney knows what a contract is and what's involved. I do not think BOA will budge and I think the judge will laugh in this lawyer's face, even in crazy California...
ETA: but I know how he feels... |
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I just think, in this situation, that he is cutting off his nose to spite his face. He is going to do himself so much damage by doing this. And even if he wins his suit years down the road he still has a ruined credit report so was it all worth it?.
I said earlier that he could opt out of the increase because that way his credit report remains intact, and his account remains open, but when BOA sees this they may close his account out of spite... |
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I agree, Ann garnered sympathy from the masses, but him? Not so much I wouldn't think...
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"For the record, I have a perfect payment history and I have a.
Nearly. Perfect payment record on my credit," Pavone's letter continued". Nearly?.. |
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Same "nearly" as Ann Minch, I'm guessing..
Insert Paul Harvey line or Greg House line here ..... |
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That's like telling my grandmother I was nearly a virgin when I was pregnant...
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As Maxwell Smart would say: "only missed it by.
That. Much".. |
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Sort of like some who claim they use credit 100% of the time, EXCEPT for €!!!..
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Too bad he's a idiot and It's most likely in his user agreement, I guess he didn't take all his lawyer classes...
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No, it definitely sounds like he exercised the perogative to take Arrogance 302. It is on what you might call the elective list.
Unfortunately, it appears that one also took the lab for Stupid 101. The two do not mix well..... |
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Is he taking up after that youtube chick who decided to quit paying (with Discover card) BOA? Because IIRC BOA caved and dropped the APR increase in the end..
Deadbeat syndrome is contagious... |
