These banks have been taking advantage of Bahamians for so long we almost think it's normal. How many have applied for mortgages, using property as collateral, only to have the banks give you $.50 on the dollar? Yes, your land evaluated by government licensed appraisers, is routinely devalued at application time to the benefit of the bank. Mr. Spicer ' s life and businesses appear in ruins because yet another bank wants to change the rules and contracts to their benefit. Errors in contracts...ignored cries for help, but prompt to collect the effects when the cries for help have subsided? Sickening. I pray the supreme court sends the right message that this wanton bullying of bahamian citizens and businesses must stop!
Abacodread says...
These banks have been taking advantage of Bahamians for so long we almost think it's normal. How many have applied for mortgages, using property as collateral, only to have the banks give you $.50 on the dollar? Yes, your land evaluated by government licensed appraisers, is routinely devalued at application time to the benefit of the bank. Mr. Spicer ' s life and businesses appear in ruins because yet another bank wants to change the rules and contracts to their benefit. Errors in contracts...ignored cries for help, but prompt to collect the effects when the cries for help have subsided? Sickening. I pray the supreme court sends the right message that this wanton bullying of bahamian citizens and businesses must stop!
On ‘Terrified’ of outcome in CIBC loan dispute
Posted 29 February 2016, 11:49 p.m. Suggest removal