I have a Gold Option Line of Credit, as well as a credit card, with Bank of America. A few weeks ago, I received a notice in the mail that, if I wanted to take money off my line of credit, I should do so prior to June 1st. The letter stated that, after 6/1/09, they were going to recalculate payments based on a shorter repayment schedule, which could in turn make minimum monthly payments much higher. Based on this information, and anticipating an upcoming financial situation, I made a quick decision and decided to request a withdrawal from my... read full review »