Mailbag

Check out all the great letters everybody is sending to their new friends in the 1%. If you haven’t gotten yourself a pen pal yet, what are you waiting for? It’s lonely at the top. Choose a pen pal and help a banker feel just a little closer to the rest of us!

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  • My fellow American | 11  

    To: Joe L Price, Bank of America
    Mr. Joe L Price,
    My name is Michael. I am a long time customer of Bank of America. i am also a Marine Corps vet. i served my country over in the middle east in the name of America. 
    When I was discharged the U.S. military paid me to walk away from me. I used my money for hospital bills for my son who was in the hospital for 4 months straight. 30k (gi bill) is not enough to cover a 4 month hospital stay. You can assume that I am in debt. So much debt I can not get a cell phone because of my credit. 
    Since opening an account with Bofa two thing have happened. 
    1. Monthly maintenance Fee's when this started i was charged a little under $5 a month. In the past 4 years it has almost doubled.
    2.last month I received a letter stating to use my debit card Bofa will charge me to use my debit card. 
    
    This total is $18 dollars a month from bofa
    
    I lost my job in July. i worked for a company the cleans up the city I lived, we did recycling picked up trash on the streets and built parks. The city ran out of money and I was without a job. 
    
    I am in debt and broke. In fact I am so broke Bank of America is charging me money for not having any money. I received a phone call stating I have no money in my account and i have insufficient funds. 
    On the other end of the phone is a lady who is being paid to tell me I have no money and I owe bofa for not having any money in my account, not overdraft just insufficient funds due to the monthly fees that have occurred since I lost my job.
    
    I'm not broke on purpose, I had no agenda to sabotage my relationship with my bank, I just don't have money. i have paid fee's since they started and now i'm negative in my account. I'm sure those fees i did pay for all those months could definitely cover the ones that I haven't. It's like going to a movie and buying a movie ticket then trying to get in and them telling me I only purchased the ticket, that's what i bought not the entrance. 
    
    I don't even have no money now, because I am negative in my account. I have less than nothing and having nothing sounds good right about now. I feel even if something is free I still can not afford it due to my insufficient funds. 
    
    This is just a glance at one of hundreds of financial problems I am facing in America. I pay taxes, I served my country, I became a member of the poverty community. While you continue to make money off of my misfortunes. 
    
    What is even worse is people that have a large amount of money in their bank account do not have to pay these fees in fact you pay them with the money you take from me for them having an account. 
    
    you may think that this is ok but it is not ok. The way this country is ran is the same way bofa is ran. as a patriot of the original founding fathers beliefs, you are unpatriotic and I was willing to lay my life down for people such as yourself. Tell me, what sacrifice are you willing to make for me? 
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