A California woman who says she kept paying her credit card bill even after she lost her job has had enough: She's pledging not to pay down her Bank of America account until the creditor lowers her interest rate, the Huffington Post reports.. It’s “the proverbial first shot fired in an American debtors' revolution against the usury and plunder perpetrated by the banking elite,” Ann Minch says in a YouTube video that's quickly going viral. “Stick that in your bailout pipe and smoke it.”
Minch demands BofA CEO Ken Lewis watch her video before the "evil, thieving bastards" at the bank have a hope of collecting the $5,943.34 she owes. Minch’s interest rate jumped from 12.99% to 25.49% at the same time BofA received its federal bailout, even though she paid on time. A USPIRG exec says “realtime viral outrage” could work and force “big business to start treating consumers more fairly or pay the price.” (More Ann Minch stories.)
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