Settling on FIA/BOA...BUT BOA has my mortgage too
I have one card with BOA and one with FIA. I know that they are basically one in the same. I am so stressed right now. I am struggling with the payments. I also have four others at other credit companies (two with Chase and one with Discover and one with HSBCC)
I can no longer make these payments. My highest rates are BOA and FIA and I owe them a total of 45k. I have to stop making the payments. I plan to continue paying the others as they are smaller and at this point managable with lower rates (4-14%).
My questions are these:
Since I have my mortgage with them (BOA) how will that affect any of their negotiations with me...are they more willing to settle with me so I dont get foreclosed on or are they gonna sue me and attach a lien??
Will they see I am still paying the other cards and say that if I can pay them, I should be able to pay these.