Bank of America Has Glitch, Credits People $$$ Without Passing GO + Article about OD Fees During the Pandemic
Bank of America Has Glitch, Credits People $$$ Without Passing GO + Article about OD Fees During the Pandemic

Bank of America Has Glitch, Credits People $$$ Without Passing GO + Article about OD Fees During the Pandemic

Rishi Cholera

54 min
Business & Finance
تشغيل

الوصف

<p><br> First Segment: I discuss the glitch that so many people reported on Twitter Last Thursday which credited thousands of dollars into their accounts without warning. I discuss how the majority of the posters were POC and how it ties to the thought that POC are the most impacted by OD fees, as the glitch was an overdraft refund from the stimmy deposits of a month prior. Instead of debiting any fees back, it just credited them multiple times over.</p> <p>I also talk about how Bank of America never mentioned there was a glitch on social media, in a press release or in phone calls to clients.<br> I also discuss the ramifications of spending that money that wasn't yours and how it could lead to permanent ban from banking along with potential criminal charges.</p> <p><br> Tweets from some of the hundreds impacted:</p> <p><a href="https://twitter.com/Quinnythefoo/status/1382797240469700614">1</a><br> <a href="https://twitter.com/callmeEDIDDY/status/1382754703314989063">2</a><br> <a href="https://twitter.com/BaeTheFrequency/status/1382759262003343369">3</a><br> <a href="https://twitter.com/Janwoodsii/status/1382760261572988931">4</a><br> <a href="https://twitter.com/ldbean/status/1382763002840113165">5</a><br> <a href="https://twitter.com/fe_yamor/status/1382668226384003073">6</a><br> <a href="https://twitter.com/extraiceplease/status/1382668257233141760">7</a><br> <a href="https://twitter.com/kadiaaaaa_/status/1382675275847233536">8</a><br> <a href="https://twitter.com/heart__rachel/status/1382675381455495169">9</a><br> <a href="https://twitter.com/chlomill_/status/1382676076900470791">10</a></p> <p><a href="https://twitter.com/BankBetterGuy/status/1383087552664457219">Tiktok I did that day</a></p> <p><br></p> <p><br></p> <p>Plus, I talk about Alex Sammon's<a href="https://prospect.org/economy/big-banks-charged-billions-in-overdraft-fees-during-pandemic/"> article in The American Prospect</a> about Overdraft Fees during the pandemic.</p> <p><a href="https://prospect.org/economy/big-banks-charged-billions-in-overdra

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Bank of America Has Glitch, Credits People $$ Without Passing GO + Article about OD Fees During the Pandemic - Listen Free | WowFM