Bank of America Bank of America Credit Card Raised interest rate DRASTICALLY with NO warning! dallas, Internet

Just how did they submit the wrong number?  Every time I have had to set up an Electronic payment I have had to give them the account information.

Also, I have never seen a credit card give you 3 late payments, in a row, before you go to the default rate.  I have seen a few with 2, but most are "one strike".  Where with the promotional rates if you are late even by a day you get bumped to the default rate.  So was this 3 times something you thought or was it something in writing?

My finance charge goes from $0 to over $900.00 a month!!
- I don't know how you got that number, unless you are leaving something else out.  Because on $25,000 at 29% Interest the monthly Interest would have only been around $600 a month.
(25,000 * 0.29) / 365 = 19.86 a day in Interest.

As for "struggling with debt".  This happened in 2009, so even if there was something that could be done it is probably too late.  According to your post you would have paid $25,000 within the year.  Which even with the extra interest would have been a huge chunk of the debt.  So it is hard to see how much of your "Struggle" was caused by this two years later.

Talk with someone face to face about this issue. Talking over the phone simply is not good enough for a situation like this.

Go in with documentation that you had attempted to have them payed directly as well as proof that they submitted the wrong bank account and routing number.

You do not need a lawyer to fight this. Who is telling you that (name and position)?

Don't pay em SQUAT!

What are they gonna do?