Bank of America Complaint - Tired of being ripped off by Bank of America
I have had a business line of credit with Bank of America since 1996 each year they make thousands of dollars off me in finance charges, which I'm not complaining about and they charge me $100.00 to renew the line of credit each year. I just received a notice in the mail that this year they are not going to charge me the $100.00 renewal fee THEY ARE GOING TO CHARGE ME $435.00!!!!! This fee is not based on what I owe the, but rather on the amount of the line of credit. I asked if I would still have to pay the fee is I closed the line of credit and I was told that if I close the line of credit they would excelarate the loan and the full balance would be due immediately. I AM SO SICK AND TIRED OF BANK OF AMERICA ripping me off. I think I am just going to get another line of credit from another bank and tell Bank of America exactly what they can do with themselves.
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