Unsecured Personal Line of Credit - Bank of America's GoldOption® Line of Credit is perfect for major expenses such as home improvements.GoldOption® Line of Credit Features: Credit Lines up to $30,000 - Re-accessible line of credit - Predictable monthly payments - Re-payment terms from 12 to 60 months - No Payments for 90 Days - Rates as low as 6.99%. Customer Benefits: Fast, paperless application with no signature required - No equity required - Re-accessibility provides for future/on-going financing needs without reapplying - No Annual Fee, No Application Fee, as well as no pre-payment penalty. Service Differentiation Fast Application Process Funding the Loan Performance Pricing Activation The application process takes as little as 10 minutes when applying over the phone. Once the application process is complete, the customer may be transferred to a Bank of America credit analyst who will complete the decision process. Bank of America can deposit funds directly into the customer checking account within 7-10 days of approval. In addition, checks are also provided for the customer in their Welcome Package. Bank of America uses performance based pricing strategies to expand the population of customers being approved. This enables us to ensure customers receive fair pricing based on their credit history. This account offers a three month payment deferral feature if you use the account within the first four months. During the deferral period, no payment will be due. Finance charges will accrue. Your repayment term will start after the deferral period. You may prepay at any time without penalty. $293.00 monthly payment for the room enclosure and $41 monthly payment for the patio cover are estimates, based on a total purchase price of $14,000.00 for the room enclosure and $1,950.00 for the patio cover, respectively (not including shipping/handling and taxes), a 60 month repayment term, and a 6.99% APR. Your APR may be higher. We will set your initial APR between 6.99% and 21.99% based on creditworthiness. We reserve the right to change your APR, fees or other credit terms at our discretion. Additionally, if you fail to pay any minimum monthly payment by its Payment Due Date on any two occasions within 12 consecutive months, we may increase your APR up to a Default APR of 27.99%. Repayment term and payment amount are estimates which may change if, for example: we change your APR, you make late or partial payments, we assess fees, you enroll in Credit Protection, or you take additional advances. 3% transaction fee on each advance (minimum fee $5; there is no maximum). Transaction fee is added to balance and accrues finance charges. Other fees may apply. +Upon approval, we will establish your credit line based on creditworthiness. Your actual credit line could be lower than $30,000. We may prohibit use of this account to pay off or pay down any account issued by FIA Card Services, N.A. pon approval, we will establish your credit line based on creditworthiness. Your actual credit line could be lower than $30,000. We may prohibit use of this account to pay off or pay down any account issued by FIA Card Services, N.A. You may request additional advances on this account. For each additional advance, we will restart your monthly repayment term and recalculate your monthly payment amount. Borrowing the full amount of your available credit may result in an over limit fee because fees and finance charges may cause your balance to exceed your credit limit. This account is issued and administered by FIA Card Services, N.A. Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. 2009 Bank of America Corporation. Terms subject to changes.
|
