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Bank of America Complaints - exorbitant interest rate on line of credit

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Bank of America

Posted: 2008-05-08 by Robert Kane [send email]
exorbitant interest rate on line of credit
Complaint Rating:  0 % with 0 votes
Company information:
bank of america
Stoneham, Massachusetts
United States

the interest rate on my line of credit overdraft is around 18 or 19%. I find this exorbitant! will BOA ever lower this rate or should I get an introductory credit card with very low introductory rates and pay off my balance. I've been a customer of BOA for over ten years and believe I warrant some courtesy.
Comments United States Banks
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Comments

99 days ago by Carol [send email]
You're lucky, I went from promotional rate of 1.99% to 20.24%. They seem to be pushing their Clean Sweep loan or bankruptcy services, not sure which. I am convinced that they are the most ethically challenged lender out there.

Good Luck!
99 days ago by Carol [send email]
You're lucky, I went from promotional rate of 1.99% to 20.24%. They seem to be pushing their Clean Sweep loan or bankruptcy services, not sure which. I am convinced that they are the most ethically challenged lender out there.

Good Luck!

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