Warning when settling with BoA!

Date: Thu, 04/21/2011 - 19:38

Submitted by hadama
on Thu, 04/21/2011 - 19:38

Posts: 9 Credits: [Donate]

Total Replies: 5

Looks like I spoke too soon. I settled with BoA and got a confirmation letter and such but apparently made a mistake in allowing them to automatically withdraw from my account (NOT a BoA checking account). They not only withdrew the agreed-upon amount (I opted for a payment over time with them as opposed to the lump-sum that I did with others) for the first payment BUT I discovered that FIA Card Services, a BoA-owned company, authorized a check for THEMSELVES out of my account for $350! I am amazed at the audacity. Too late to do anything about it tonight but tomorrow is another story.

Beware.

Thank you for sharing your experience, about BOA settlement, in

Thank you for sharing your experience, about BOA settlement, in the forums.

lrhall41

Submitted by Anna Sweeting on Thu, 04/21/2011 - 21:57

( Posts: 1827 | Credits: )

Sorry to hear. When I was paying off a settlement, I would get

Sorry to hear. When I was paying off a settlement, I would get a call every month asking me to set up automatic withdrawal and every month I would say no. I never trusted that they would only take what they said.

lrhall41

Submitted by ahspeedy on Fri, 04/22/2011 - 04:12

( Posts: 12 | Credits: )

Wait, are you saying they took the agreed upon amount PLUS an ad

Wait, are you saying they took the agreed upon amount PLUS an additional $350?

lrhall41

Submitted by OhioGal1 on Fri, 04/22/2011 - 05:48

( Posts: 5253 | Credits: )

Similar thing happened to me when I was on their hardship plan a

Similar thing happened to me when I was on their hardship plan a couple years ago! I had a set amount coming out each month, then FIA decided to stick their grubby little paws into my account and double-dip. Man, I was LIVID!!!!!!!!!!

I immediately called them and let them HAVE IT! I then called my CU and put a block on FIA. That solved that issue right away.

Good luck!

lrhall41

Submitted by anonymous on Fri, 04/22/2011 - 13:15

( Posts: 202330 | Credits: )

Another note: I'm settling with them now. 4 payments over 3 mont

Another note: I'm settling with them now. 4 payments over 3 months. I told them I will pay with cashier's checks, and they had no problem with it.

lrhall41

Submitted by anonymous on Fri, 04/22/2011 - 13:17

( Posts: 202330 | Credits: )