After having a credit card for years. My husband lost his job.
He called and tried to get them to work with him. We only owe $1000.00 and we have been sending in $50 a month for 3 months. The balance is now $1250. It is growing instead of getting smaller.
We are sending what we can afford, no brainer feed family or send BofA money. They are horrible. They call our house everyday at least 8 times a day. The solution they say is 400 now and pay off over 5 years.
How rediculous is that. Why can't they just take the $50 each month account is closed and apply to the balance and let us go?
Bank of America right the name does not fit the company. You do nothing for you customers who are Americans struggling in these hard times.
Product or Service Mentioned: Bank Of America Credit Card.
Monetary Loss: $1350.