Bank of America Credit Card

bank of america most likely will not adhere to a verbal agreement.get it in writing.then make payments.they are a bear to deal with period.

Never EVER EVER trust BOA, their right hand doesn't know what their left hand is doing!

I had a similar thing happen to me. The b of a reps like to offer you some kind of deal, and to get this so called deal, you have to make a payment by phone. Beware, whether you are trying to get your rates reduced or arrange some kind of settlement with them, you need to get a statement from them in writing before making any type of payment. Also for those who have made a settlement deal with them, once you have paid the settlement and the balance is forgiven, don't be surprised if you are served with court papers from some junk debt buyer to go to court over the balance that was forgiven. You should prepare yourself to answer a summons and show up in court with your settlement paperwork and prove they have no right to collect on the forgiven balance of the debt. Peace

also here's few links that talks about dealings with Bank of america
http://www.debtconsolidationcare.com/settlement/bofa-creditcard.html

http://www.debtconsolidationcare.com/settlement/bofa-creditcard.html

http://www.debtconsolidationcare.com/collection-agencies/negotiating-with-boa.html

Thanks for the tip about the settlement documentation. I didn't know bofa was that bad. Or that I might be sued even after settling.