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corporatebully
Att: RBC President Gordon Nixon - Salary - 11.73 Million!! ranting2.gif

$100,000 MISTAKE - (FISHERMEN'S LOAN)

I'm a commercial fisherman fighting the Royal Bank of Canada, (RBC Centura) over a $100,000 loan mistake. I lost my home, fishing vessel and equipment. Help me fight this corporate bully by closing your Royal Bank account.


Website http://www.corporatebully.ca YouTube http://www.youtube.com/CORPORATEBULLY
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Phone or e-mail:

RBC President, Gordon Nixon, Toronto (416)974-6415
RBC Vice President, Sales, Anne Lockie, Toronto (416)974-6821
RBC President, Atlantic Provinces, Greg Grice (902)421-8112 mailto:greg.grice@rbc.com
RBC Manager, Cape Breton/Eastern Nova Scotia, Jerry Rankin (902)567-8600
RBC Vice President, Atlantic Provinces, Brian Conway (902)491-4302 mailto:brian.conway@rbc.com
RBC Vice President, Halifax Region, Tammy Holland (902)421-8112 mailto:tammy.holland@rbc.com
RBC Senior Manager, Media & Public Relations, Beja Rodeck (416)974-5506 mailto:beja.rodeck@rbc.com
RBC Ombudsman, Wendy Knight, Toronto, Ontario 1-800-769-2542 mailto:ombudsman@rbc.com
Ombudsman for Banking Services & Investments, JoAnne Olafson, Toronto, 1-888-451-4519 mailto:ombudsman@obsi.ca
WillHanns
what was the loan mistake?
corporatebully
QUOTE (WillHanns @ May 10 2008, 01:44 PM) *
what was the loan mistake?


The Royal Bank demand loan contract didn't specify the amount of monthly interest payment or date of payment.

The Royal Bank said that I signed for a loan with interest payments per month with the principal payable once yearly.

I signed a loan for one lump sum payment due 1 year from the date of me signing this loan contract. I'm a seasonal fisherman, how would I pay monthly interest during the off-season.
The banks lend money based on debt/ratio. I wouldn't have qualified for this loan if it was based on my income during the winter when I'm not working.

The loans manager at the Royal Bank of Canada screwed up, period.
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