In my mailbox today was a letter from BOA. It stated that I needed to call and make a payment of $247 today or pay them the entire balance of $12,990 by the 26th of June.

I called customer service and asked them how I was to pay almost 13K to them by the end of the week if I couldn't pay then $247 today.

What has this world come to? I am only one payment behind on this account and they are calling in the note. What recourse do we the consumer have? Who is protecting us from this sort of thing? Can I sue Bank of America? Sure, it will cost me about 13k, which I bet they would finance, at 27%.


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1. Written by angela, on 30-07-2009 21:45

Yes extortion, if handicapped people can get loans they still have to pay them back. Sorry but it isn't the bank's fault you are handicapped. Is your car paid off and if not do you not have to pay back your car loan because you are handicapped?

2. Written by extortion, on 30-06-2009 21:43

:( I am handicapped and could not pay on loan from BAC. BAC took me to court for a Judgement, which they got, now they have taken it to the courts and I am supposed to pay the courts. Can they do this to handicapped or disabled people? :? :( :( :(  

ps.. I don't own anything except a car.

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