Bank of America named to inform us they were shutting a merchant account that people had simply reduced to zero. We'd been clients for 9 years and had a borrowing limit of $32,000. We'd simply created an enormous cost for them because of the refinancing of our main house. Using the refinance, we settled of 2 charge cards along with a little second mortgage. The charge card amounts were because of unexpected medical costs. We'd hardly ever really transported a lot of a charge card balance before. All a quick, Lender of America states that people really are a credit risk! Your revenue didn't alter and our mortgage payment just went up by $300.00 in the prior cost. They'd not only reduce our borrowing limit... They'd to totally shut our consideration! Therefore today their steps may influence our credit ratings. We're punished for performing the best point! I'll never conduct business with them again and that I need everybody to prevent before they start any kind of consideration together. This isn't the proper way to deal with clients. There is really no cause this will have occurred. We're shocked and also to state minimal annoyed.
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