Bank of America
Switch and bait on CC interest rate

Business & Finance

I combined charge cards with Lender of America at 2.9% annually later that price leaped to 9.9% now they named and agreed to decrease it to 6.6% easily paid them $800. Once they named nevertheless, the named underneath the title of Charge Card Providers a customer aid company... I had been informed that I really could decrease my rate of interest from 9.9% to 6.9% for cost-free, I had been all for this. After I receivd the phone call back from MR. John Blake, after I asked him to make sure that there have been no extra fees, eg; software, move or different he explained no, no fees. I subsequently informed him okay lets get it done after which he explained, " There's an $800 cost! I expected him why and he explained, " that's simply the way in which it's" I had been surprised at this kind of answer and instantly did not trust this offer, I questioned him who had been carrying this out and he explained Lender of America. It had been subsequently that I recognized the lender I'd been coping with was today providing me a decrease in rate of interest easily settled them. This appears vicious, additionally, it appears like baitandswitch, the callers never recognized themselves as Lender of America workers, just like employees of the business which was workingto decrease credit debt for over-paying customers.

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