Bank of America is the biggest rip-off bank. I had a credit limit of 8000.00 and my limit was around 7500.00. I have set up a payment on my web bill pay for an amount well over the min limit to pay on a certain date. Because of the way Bank of America changes the due dates I kept getting late charges. I did not know this because I turned off the paper statements. I knew my payments are well over the due amount. Once I looked and noticed what was going on I paid a payment of $5000.00 dollars. I did not pay the monthly payment that month because of the large payment. Well because of the changing date I was assessed a 30 day overdue charge and they lowered my credit limit to my actual ballance and then when Bank of America put the late charge on I was charged a over the limit charge. They are continually changing my limit to the ballance or very close. This in turn hurts my credit rating because I an now 95% of my credit ballance. I will pay this off and am warning all others not to due business with Bank of America. I have tried to talk to them and customer service to the supervisors due not care what they are doing to there customers. It is sad that I actually care about my credit and pay on time but they just ruined my credit rating by keep changing my credit limit.
0 comments