“Regard your voice as capital in the bank. Sing on your interest and your voice will last.”
On the social circled most popular video site “YouTube”, a video by a girl against her bank for charging extra interest on her repayment, grab the attention to turn that video into a “Debtors Revolt” in united states.
Intangible Internet social community has got its power and recognition around the world as a serious contender and it s getting stronger and stronger day by day. Now you have no need to gather people on the roads to start a revolution, you can easily do it by using net at least if you are in states.
Ann Minch, a sufferer of Bank Of America who had been the victimized by the bank in a sense to increase her interest rate from 13 to 30 percent on her payback. She tried her best to convince the Bank personal to sit, talk and negotiate the rate of interest and she did her best to make them agree to decrease the interest rate. After using all the logical way, she turned her computer on and uploads her story about the bank and invites the people to begin a “Debtors Revolt”. It looks pretty odd but the reaction was awesome. Her video was viewed by thousands of people and they showed their support for her and a line of great anger created against the bank.
Finally, she has been called by the bank and settled her case by reducing the interest rate. But the bank has more worries to face as people have started using this tool against them.
My advice to the banks and bankers is to be very conscious and try to resolve the issue within your bank, if it gets uploaded, you would have to face the consequences as you did in a case of Ann.
Debtors Revolt
Comments