GMAC BANK says, SORRY, we don’t need your money…


SMART?  SIMPLE?  SAFE?  What the hell does that mean?

My 19 yr old son, in his 2nd semester of college, working tword an engineering degree, was just told by GMAC bank “you can’t open a Money Market account with us”.  He worked over the summer and saved up almost $1000. They called him and told him he didn’t have any credit so they would have to decline his request for an account with them.

They did offer him a “safe deposit” box to hold his cash.

As of today, we are pulling all our money out of GMAC bank.  Every last dime. HOW DOES THAT WORK FOR YOU GMAC BANK??


What a FARCE, seems GMAC BANK has all the money they need now, TAX PAYER’S MONEY!


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