Usacomplaints.com » Business & Finance » Complaint / Review: Bank of America - Increased interest rate/decreased credit limit. #570241

Complaint / Review
Bank of America
Increased interest rate/decreased credit limit

Bank of "America"? Please! I've never handled a business more un american within their general company philosphy than Lender of "America". Their company slogan seems to be mess the customer every-which method they are able to, consider their tax dollars, and wreck credit ratings. It's my firm opinion this main business doesn't have understanding or regard due to their clients, also those individuals who have ideal credit using the organization. I spend my charge card statement promptly each month (NEVER overdue!), have NEVER reviewed my borrowing limit, more regularly than not spend significantly more than the minimal quantity due, and also havenot billed something in several, many weeks within an energy to obtain from debt. Sadly additionally they contain the mortgage on my house because they bought the initial mortgage business my house was funded by. Again, NEVER delayed on the mortgage cost, and frequently spend extra towards the total amount due. What is my incentive to be a great client with this specific organization for more than ten years? Our borrowing limit on my charge card continues to be decreased and my interest-rate elevated for no cause many times previously year or two, which increases my debt to accessible credit percentage, which reduces my credit rating, that could consequently avoid me from acquiring credit elsewhere to repay my debt with this particular organization. All while Bank of "America" owes "America" vast amounts of bucks as well as their corporate supervisors obtain significant bonuses? Is that this their supreme long range business-plan? May we are saying FRAUD? When I told a realtor with Lender of "America" nowadays, I'll spend the organization every cent I owe them, I'll make an effort to get my house refinanced and spend my tough-acquired cash to some more worthy monetary start, and when that's completed I'll NEVER conduct business with Lender of "America" again. I motivate others to complete exactly the same. Let us provide the corporation a flavor of the own disgusting medication

When it comes to current charge card change work, nicely, obviously it's, from my standpoint which of numerous others I understand, completed more damage than great. Most of the credit card issuers simply got their top weasels together to locate ways round the new regulation, and also have completed so peaceful effectively, all towards the detriment of customers. Hooray for all of US!


Offender: Bank of America

Country: USA   State: Tennessee   City: Nashville

Category: Business & Finance

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