Dec 29, 2010

Bank of America Debt Consolidation Loan

Bank of America offers a debt consolidation loan called the Clean Sweep line of credit. This Bank of America debt consolidation program is specially designed for those borrowers who are eagerly in need of debt consolidation. Clean Sweep line of credit has a variable interest rate that can rise to as high as 25.49% based on the credit rating of the borrowers. The bank charges the borrowers a 3% transaction fee every time they need an advance. One of the most important facts o this debt consolidation loan is that with every request for an advance, the bank restarts the payment term of the borrower. The repayments terms of Clean Sweep can extend to as long as 72 months.

Bank of America offers a number of assistance programs including debt consolidation loan for eligible borrowers. Check the Clean Sweep Line of Credit program provided by the bank.

Website: https://www.bankofamerica.com/index.jsp

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