Industry Wide Collusion
Supporting Documentation - 4 - My BofA HELOC - It's a Derivative
(as are all others currently resetting and not being given renewals...)

Below is the first page of my agreement which has the crossed up vocabulary and the non-natural Line of Credit terms (a repayment term) that makes this a derivative product.  

When I originated this in 2005, I was aware of the vague renewal clause and what a deviant decision could do.  When the market crashed in 2008, I realized what I could be in for if a deviant banker wanted to play games, and I've lived with that stress for 7 years.  I have also paid out approximately 10,000 in excessive interest to hold funds outside of my HELOC for fear it might get frozen again as was the case in the 2008 crash.

When the reset came around and BofA would not renew, I had already had 6 years of thought put into this.  The reality of this faulty product and these faulty products was in plain sight to me in 2005, but without a bad experience, no one would have listened.  I know that for fact because others were screaming about the problems then and no one was listening.  

The US has become a society lost in it's own delusions.  The US has become a society of individuals which only reacts strongly when bad things befall animals (which is a good thing).    Very, very few individuals are looking out for each other (and thanks to those who are).   Our foresight and willingness to make hard decisions as a society for better things down the road is currently nil, and that is a huge problem for our coming generations and the planet that will be required to support them.