Bank of America
Freezing home equity account

The Financial Institution of America has frozen my home equity consideration. They preserve the cost of homes within this are may be the reason behind the change.

The initial credit line sum was on the basis of the worth of my house in 2004. While you may properly envision, the worthiness of my house improved more for the reason that period than it's rejected throughout the current housing situation. Clearly the given reason behind the freeze is phony.

Actually, my whole borough was reassessed and that I obtained the brand new evaluation from my city today. Actually that's more than the foundation employed for my house equity credit line in 2004.

And Also To add insult to damage, there have been two additional messages from BA. One, I obtained a notice from BA saying I'd been pre-accepted to get a mortgage as much as $30,000. I also received notice of my next HE cost and incorporated with which was a "check" to utilize for moving a higher-interest amounts.

Company: Bank of America
Country: USA
State: New Jersey

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