Bank of America
Unauthorized Home Warranty Charge Added to Mortgage Payment

Business & Finance

Today, Feb. 7 upon checking my bank statement, I discovered a new charge amount on my semi-monthly mortgage payment. A $20 increase for a total of $40 per month. I contacted Bank of America to find out what it was and how it happened. I had not authorized anything new. This mortgage has been in effect with Countrywide first and then taken over by BOA. In the process, BOA sent me to an insurance company that was managing the "home warranty" I had signed up for, which I had not. After 5 phone I have been called in March agreeing to the home warranty for $39.95 per month. Since I have not done so, I requested the recording of such a transaction. I was also told that I had basically received a letter telling me it was starting and if I did not want it I would have to cancel. The bottom line is I did not request nor agree to this charge. It is to take 14-21 days to get a letter that will tell me about my agreement to take. The attorney generals office in Texas is always open to investigating such fraudulent activity, which seems to be verified by other complaints on this site identical to mine. I will be following this and update my posting. The already tarnish reputation of Bank of America is getting even worse.


Company: Bank of America
Country: USA
State: California
City: Simi Valley
Address: P.O. Box 5170
Phone: 8006696607
  <     >  

RELATED COMPLAINTS

Countrywide / Bank Of America
Home Foreclosed By Countrywide Then Excluded From Texas Settlement

Bank of America
Line of Credit Removed Without Notice Causing Missed Mortgage Payment

Bank Of America
Forced Insurance Threatened Over Homeowners Association Policy

Bank of America
Mortgage Escrow Increase Agreement Not Honored

Bank of America
Mortgage Turned Down After 60 Days Following Switch From Quicken Loans

Home Savings Of America
Met Life Home Loans Breach of contact on 3.5%, 15 Year, fixed rate mortgage approval

Beazer Homes
Countrywide and Bank of America Property Tax deception

Bank of America
Refinance Took Over Three Months and Rate Lock Lapsed