Should I Get a Bank of America Debt Consolidation Loan? – Erica

Erica

“Dear Steve,

If I wanted to roll my vehicle, credit cards and a dental bill all totalling about $40,000 which debt consolidation lender would be the best? I was considering BOA as I bank with them but have heard that the loans are a tad bit shady.

Erica”

The Answer:

 

Dear Erica,

You should read the review I did of the Bank of America CleanSweep debt consolidation product. Read the comments submitted by others as well.

A better place to look for a debt consolidation loan is probably LendingClub.com. LendingClub is a peer-to-peer lending network of individuals that pool their money to help people in trouble. I happen to be a lender with them. Who knows, if you go the LendingClub.com route I might even be one of those lenders that helps you out.

Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.

Big Hug!

Should I Get a Bank of America Debt Consolidation Loan? Erica peer to peer lendingclub.com lendingclub debt consolidation loan cleansweep ask the get out of debt expert
@GetOutOfDebtGuy

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  • http://iambelievinggod.wordpress.com Jill

    Erica, No, No, No do not use Bank of America….whether you are late or not they will hound you for two weeks of the month for their payment. They will call you, email you and use any form of communication. They will never leave you alone. Please don’t put yourself through this torment. It’s not worth it.

    • http://GetOutOfDebt.org Steve Rhode

      Jill,

      LOL, no need to sugarcoat it. Tell it like it is.

      Spoken like someone that has lived through the situation.

      Steve

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