BOA Line of Credit

[*shandi*]

Does anyone have one of these? I got a pre approval in the mail and I'm thinking about condolidating a few things to get them paid off.

Pros...cons?

Thanks!

 

[JoiseyMom]

Yes, we have had one for a number of years. We have the HECL. We just applied to have it raised. With this economy it can't hurt.

I do all my banking with BOA, and I have had no issues with them.

 

[dward1961]

Check rates in your area, you may be able to get a HECL rate below prime.

We have had one for years, although we may not always use it, they are great to have in place as long as you have no fees to pay.