About the CompanyBank of America is the largest bank in the United States, by assets, and second largest by market capatalization. |
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Also known as:
Bank of America, Inc.
Bank of America, mbna
In 2008, Bank of America acquired Merrill Lynch, making it a major player in the investment banking industry and the world's largest manager of wealth. Its collections division assures that all afforts will be reached to obtain its assets.
Contact Info:
Physical Address:
1100 N. King Street
Wilmington, DE 19884
Corporate Offices
Tel: (800) 622-5070
Website URL: http://www.bankofamerica.com/
BBB Accredited: 7/15/1987
BBB Rating: A+
BBB Report: Click here
Post complaints here: Bank of America Listings Complaints
You Can Remove Bank of America From Your Credit ReportFederal laws give you the right to challenge any item on your credit report that you find is questionable. |
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You can remove any unfair collection by disputing it with the credit bureau where it is listed.
In 1970, Congress passed the Fair Credit Reporting Act that allowed consumers to challenge items on their credit reports they felt were innacurate, misleading, biased, or just unverifiable.
When a dispute letter is sent to the bureaus, it is put through their review process. If the bureaus open an investigation with the creditors, the creditors have 30 days to send proof that the item is accurate and worthy of being on the credit report of the consumer. If they cannot (or will not) provide incontestable proof, then the bureaus are obligated to remove the item.
A "deletion letter" is what you want to get in the mail:
Most consumers who dispute on their own play a guessing game that the bureaus eventually win.
Unfortunately, a great number of dispute letter requests are deemed "frivolous" - which means the bureau will not open up an investigation with the creditor, and a stall letter is sent back to the consumer.
What are my chances of removing a Bank of America listing from my credit report if I dispute it myself?
There are no real good studies to give accurate numbers of what the results are for people disputing their own credit. It's a guessing game. One statistic to keep in mind is provide by Lexington Law: Over 40% of the people who sign up with Lexington's services have tried to to repair their credit on their own and have turned to the trusted leaders in credit report repair for help.
15,272 Bank of America Removals Last Year!A record year for the #1 rated credit restoration service |
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Screenshot from Lexington's 2009 Q4 results
Imagine your Bank of America listing here. |
Lexington Law clients have removed more Bank of America credit report listings than anyone.
Since 1991, Lexington has been perfecting the practice of challenging unfair listings with the bureaus and creditors. They've removed millions of negative items and can now put all that expertise into helping you restore your credit.
Do you know how many total collections Lexington Law removed last year? Click here to see >
What are your chances of removal success?
Lexington's average Concord-level participating client removed over 84% of their presenting negative items from all three credit reports.
If you're serious about removing your Bank of America Listing, do yourself a favor and check out Lexington Law. Over 15,000 people are glad they did.
