Thank you in advance for your assistance. I have roughly $50K in credit debt. I have been a customer with BofA for 20+ years and recently thought that I should approach them. Obviously, your article made me re-think that. In general, I am looking to consolidate and just give myself some sort of peace of mind. What would you recommend?
I’m always in favor of people communicating directly with their creditors to see what might be available. It won’t hurt to ask them. But there are really three basic ways to dig your way out of debt as long as you can afford your currently monthly minimum payments.
The downside here is that as long as you hold a balance on a Bank of America card they can play with your terms, close your card, or basically do whatever they want to.
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.
P.S. Be sure to read ‘The Secret of Surviving Through Difficult Economic Times. What I Learned On My Journey‘.Big Hug!