Bank Of America
Credit Line Lowered After Bank Advised Missing Three Mortgage Payments

Well Bank of America did it again. I have had perfect credit for over 27 years. When I lost my good job, I was lucky 3 months later to find a new job, less money, but a job. I have never missed a payment with B of A and recently transferred a balance to my B of A card which had no balance for the last 3 years. At the same time, I was instructed by the bank that in order to qualify to modify my house loan to adjust to my current pay, I needed to be 90 days late. Even though I am capable of making the payment until the time they help, I must miss 3 payments. I missed 3 and made the fourth one.

B of A today, sent me a letter lowering my credit line, to what I transferred due to late payments. I called and explained the situation to them, since they were the ones who told me I had to be 90 days late, and they could care less and asked if I wanted to close my account out. This is not the bank I remember, this companies are so big and have people on the ground making decisions that I am sure do not fall under company policy. So I will not be using Bank of America in the future they are the bank of another country now and they used my tax dollars to bail them out, go figure.

Company: Bank Of America
Country: USA
State: Connecticut
Site: bofa.com

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