Bank of America
Scammed by Gold Option Loan program - Bank of America Gold Option Loan

I have a Bank of America Gold Option LOAN account at 14.99% that I opened over 3.5 years ago. I wanted to consolidate a lot of credit cards, all varied interest rates (but all lower than 14.99%) after I got on my feet, financially. I was told by a BOA representative that although the rate was high, I could pay off my debt in 7 years, since it was a loan, not a revolving account. I never missed a payment, added any to the balance, and have incurred other debt because of this large payment. However, it will not be paid off in 7,8, or even 8.5 years because it is NOT A LOAN. It is still listed as the Gold Option LOAN and when I called to lower rates, I was told the program "no longer exists" and nothing can be done to change rates. As soon as I can get rid of this "fake loan" and get another company to pay off my debt, I WILL!

Company: Bank of America
Country: USA

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