Bank of America Complaint - Bank of America Credit Card Pratices
CALIFORNIA -- I have been sadly, a customer of BOA for over thirty years. Recently had a bit of hard luck and had to ask for a mortgage modification from them after they took over my mortgage from Countrywide. I always made my credit card payments on time and without fail even through the last tough few months. I had three credit cards with BOA after they took over MBNA.
Just recently, after our mortgage modification was complete I pulled money out of our retirement account to pay off my BOA credit cards. The very next day BOA cancelled all three cards without notice. The only payment we were ever late with was the ortage because you cannot get a modification if you are current. So we were forced to become deliquent in our mortgage payment to get them modification and once we did get the modification the bank closed all our credit down.
My advice is to stay away from banks that behave this badly. When I called the banks credit card folks and spoke to the credit department I was simply told that the banks did not want my business any longer.
OK, I'll find someone else that does for thirty more years.
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