Originally Posted by
bocastephen
Bank of America was (maybe still is) known for abusing this, filing reports on customers for the most trivial of events without their knowledge, well below the legal thresholds - as well as turning over customer banking records in their entirety upon request from the Government without any attempt to protect the customer's interests or privacy. Besides their horrific customer service, Bank of America is a big
for this.
I left that bank for this reason-and because they were sued for selling private information. The moment I found out I cut up both my debit and credit card, closed my checking account, and got myself a Citibank account, not that they're any less sketchy. But at least they didn't get sued for aiding and abetting identity theft.
I'm not sure why credit card companies won't accept cash as a payment. Unlike checks it doesn't take several days to clear AND it's legal tender for all debts, public or
private. I guess we don't pay cash because they're known to lie about stuff like that.