I took out a loan with Bank of America in April to consolidate
Some debt. These loans are called GoldOption line of credit, and
They charged me 15.99% interest rate. I did not want to accept this
High rate, but felt at the time I had no choice. I have payed on this
Account for almost 1 year, and have asked them 2 different times
If they would reduce the interest rate on this loan. I have payed
Them more than the payment and early each month. I have a
Credit rating of over 700, which means I have paid all my bills
On time. I am a senior and I want to pay this bill off as soon as
I can, that interest is more than half of my payment, even when
Paying over $100 extra each month. How can I get these people
To lower my interest rate to at least 10%? I need your help in dealing
With these people, they have only their own business concern and
Care nothing about their customer's. I know I accepted this rate,
But it's very discouraging to see the interest rate more than the
Payment to the balance of the loan. Do I need to file a complaint
Anywhere else? I appreciate your help in this matter.
This bank takes Federal money, but refuses to give any consideration
To it's customers.
Sincerely,
Carol J. Oyler
916-897-8654
921- Big Horn Blvd. #213
Elk Grove, Ca. 95758
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