Thomas
Anderson,#2Consumer Comment
Fri, February 02, 2007
Your PV (loan amount) = $25,500 Interest rate = 19.7% per year PAYMENT = $501.43 n (PERIODS) = 110.6 MONTHS or 9.2 YEARS You never listed your ORIGINAL MBNA terms and conditions, or whether BoA was somehow bound by those (presumably more favorable ?) MBNA terms and conditions. But then, MBNA never was exactly consumer friendly, either. I think the chap you had talked to gave you the best advice. Join a Credit Union and refinance the loan.
Thomas
Anderson,#3Consumer Comment
Fri, February 02, 2007
Your PV (loan amount) = $25,500 Interest rate = 19.7% per year PAYMENT = $501.43 n (PERIODS) = 110.6 MONTHS or 9.2 YEARS You never listed your ORIGINAL MBNA terms and conditions, or whether BoA was somehow bound by those (presumably more favorable ?) MBNA terms and conditions. But then, MBNA never was exactly consumer friendly, either. I think the chap you had talked to gave you the best advice. Join a Credit Union and refinance the loan.
Thomas
Anderson,#4Consumer Comment
Fri, February 02, 2007
Your PV (loan amount) = $25,500 Interest rate = 19.7% per year PAYMENT = $501.43 n (PERIODS) = 110.6 MONTHS or 9.2 YEARS You never listed your ORIGINAL MBNA terms and conditions, or whether BoA was somehow bound by those (presumably more favorable ?) MBNA terms and conditions. But then, MBNA never was exactly consumer friendly, either. I think the chap you had talked to gave you the best advice. Join a Credit Union and refinance the loan.