I am trying to buy my first home. I received pre-approval for a loan through Bank of America. I made my offer on a home. Put down ernest money, paid for a home inspection and $500 for the loan application. Jumped through many home mortgage hoops only to be denied the loan through Bank of America after I received pre-approval. Is this the new bank scam? Pre approve you then steal your application laon fee? Comsumer BEWARE of BANK of AMERICA mortgage pre-approval SCAM!

gov. baracked, misguided me in the forclosure, locked me out of my home, took possion of my property without an eviction notice, lied to me, gave me the run around. Will 1, 920, 000 hit on boa complaints with multiple pages og complaints that would total in the billions> why in the hell can we all not come together and file a class action suit againt one of the biggest crooks in business> Proof available

I have a checking and savings with this bank with direct deposit of my pay check. They received my pay and charges at the sametime resulting in a $1.04 deficit. They charged my account over $105.00 in overdraft fees!
I've seen other posts here and realize this is a very common occurance. They are absolutely correct in the this bank is a SCAM! I am closing my account immediately and recommend everyone else to do the same!!!

This is a personal account. My account was stolen on july 27, 2009 I reported this on July 27, 2009 to Bank of America, I ask can my account be closed they told me no". There reason is we don't have to close your account we can just send you a knew card, never recieve a card, so on July 31, 2009 I went into the branch in Silver spring and told them what was going on they told me to open a new account I did, first I ask them what ever I put into my new account will not interfer with the old account, they told me "no it will be ok trust us" so I did, now I am frustraed because I belive in them and there staff. My money was taking from my new account and put into my old account account which should have never happen. I was told by the bank itself and the staff on the phone that this would not happen, My account is negative due to fraud, also I have sent them the police claim # and they are telling me that my case is denied please explain that to me.I fill this is unfair to me and unexceptable behavier from BOA.

I am writing to complain about the practices of Bank of America. My husband had a stroke almost 4 years ago and during his recovery we accumulated some credit card debt. We were approached by Bank of America with the offer of a balance transfer for lower interest rate which we took. We both have good jobs and have not missed any payments. This July we did not received a bill and posted a late payments as soon as we realized we had missed the due date. Although we understand that we are ultimately responsible, we expected to pay a late fee and move on. Bank of America, however, had different intentions. They raised our rate from 8.9% to 29.9% and last month we paid over $400.00 in interest fees alone. We received a letter from Bank of America letting us know that they would be offering us 3 options:
1- Work with us to reduce our payment
2- Expand time of repayment
3- Debt consolidation
When we called them, they refused to lower our rate, and told us that the only option available was debt consolidation through their trusted debt consolidation agency. This would entail to close all our credit accounts, transfer our debt to their preferred debt consolidator and not be allowed to use any other credit.
In addition, Bank of America has reported us to Equifax – making it impossible for us to transfer our debt to another account.
Had we stayed at 8.9%, we would have continued to pay our account without any problems, however, Bank of America has put our family in a situation of great hardship. So far we are paying their required high interest monthly payment and yet they still won’t consider anything else. We refuse the debt consolidation because we consider transferring our debt to a company we no longer trust absurd - Bank of America is behaving like a loan shark and seeking monopoly over our situation. We have other credit cards and do not have any problems with them.
This happened a week before the new law was passed to protect consumers against such predatory behavior. Interesting enough, second time we called they had changed their greeting to: “If you did not received a bill, you still responsible for paying it on time”- by that I assume that we are not the only ones that did not receive a bill in the month of July. I truly believe we fell victims of a scam.