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Bank of America Burns Client Out of $33,000 when branch closes down + BofA's PPP Loan Forgiveness Apathy
Manage episode 319557326 series 2636706
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Thanks to all of you for making my social media pages thrive. 17,500 followers over TikTok and Twitter:
Today's topics:
- Nick Jonas started following my socials. How that makes me more motivated to create more big bank content.
- I discuss an ABC San Francisco story where a man deposited a $33,000 check at a BofA branch in Oakland only to find out it never posted, and the branch ended up shutting down, albeit temporarily. The story, which is located here, discusses the apathy in helping Mr. Leonard look for his huge cashiers check that was intended to be used to fix up his kitchen. I break down what went wrong from my own experience closing a branch down, the apathy from the other bank managers and how that should be fireable, the fibs I personally believe the client is telling, not that it matters with this case, and also what EXACTLY could have been done way better!
- Plus, I discuss an article from Bryce Covert of The Intercept, which focuses on PPP Loan Forgiveness, and how BofA is making it impossible to get full forgiveness with them. I discuss how the rules are being used in BofA's favor to screw these people over... The incredible stress the small business owners must be going through, and also I discuss how I spent 2020 helping people through the hoops of getting loans with the knowledge that this would likely happen in 2021 as they do crazy insane, and unethical practices in any type of loan they give out. It's complicated but definitely something that needs to be discussed
NB Has recovered nearly $2 Million from big banks back to consumers, with nearly $500k of it being Zelle fraud!
17,500 total followers on TikTok and Twitter!!!
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