Loan Consolidation Bank Of America

Thinking about getting a credit card consolidation?

I am thinking about getting one of those loans that pays off my credit cards for me, and then I have to pay them. I know Bank of America offers this, has anyone had a good experience with one of these companies that they would like to share?

Be very wary of the companies that promise credit card debt consolidation loans. Read all of the fine print on anything that you sign. As a long time member of the Better Business Bureau, I frequently saw warnings about this consolidation company or that one and their business practices. If you are serious about this kind of loan, stick with the federally regulated banks. Bank of America is a good bank.