I have been banking with BofA for 15 years. Recently the grossly overpriced fees have been getting to me financially. A few months back I was late on two payments to a credit card held by BofA. About two months later the bank closed the account and raised the minimum payments from about $700/ month to $1900/month. Well, now I am unemployed with no way to pay them off. Now they are sending me to a collection agency after "trying to help". If they had not closed the * account in the first place, I would have been ok. Do not bank with this company, when times get rough they send their henchmen to get their money with no regard for the consumer.
My wife and I would have been doing well, except for this housing crisis caused in part by the * banks giving everyone in the world credit and mortgages. Now they are getting the * credit card holders with only minor blemishes.
Soon, I will be closing my other credit and bank accounts with bank of America. Adios to you BofA. Thanks for cleaning my family and many others out of their hard earned cash.
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