http://getoutofdebt.org/7348/i-signed-up-for-the-bank-of-america-debt-consolidation-loan-but-i-have-a-problem-roberta Free debt help and debt advice on how to get out of debt, getting out of debt consolidation scams, and inside information on the debt relief and debt help industry. Mon, 13 Feb 2012 01:25:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://getoutofdebt.org/7348/i-signed-up-for-the-bank-of-america-debt-consolidation-loan-but-i-have-a-problem-roberta#comment-12039 George Thu, 09 Jul 2009 01:20:51 +0000 http://getoutofdebt.org/?p=7348#comment-12039 Roberta, I would play more hard ball with them, when you call bypass the first person and make sure to ask for a manager. Claim poverty and tell them you can bairly make your payments and will soon not be able to fulfill that obligation , it may at least make htem budge a bit on the rate. This wont help with your minimum payment but will help in how much of your payment you loose to interest which long term will help. Here is something else you can do that will knock their socks off. Instead of paying the extra money with your payment , make that a payment that you make the first week after you statement posts , reducing your principal this way will drastically reduce your interest charges over time and help you with your pay off. If you wait to the end ofthe month you loose an entire thirty days at the full balance instead of paying 90 less interent for say 20 days, it will make a huge difference so give that shot. Good Luck. Roberta,
I would play more hard ball with them, when you call bypass the first person and make sure to ask for a manager. Claim poverty and tell them you can bairly make your payments and will soon not be able to fulfill that obligation , it may at least make htem budge a bit on the rate. This wont help with your minimum payment but will help in how much of your payment you loose to interest which long term will help. Here is something else you can do that will knock their socks off. Instead of paying the extra money with your payment , make that a payment that you make the first week after you statement posts , reducing your principal this way will drastically reduce your interest charges over time and help you with your pay off. If you wait to the end ofthe month you loose an entire thirty days at the full balance instead of paying 90 less interent for say 20 days, it will make a huge difference so give that shot.
Good Luck.

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