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Does the bank of America offer a ploc? (Personal line of credit)

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Anonymous
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Does the bank of America offer a ploc? (Personal line of credit)

Hey people, was just wondering if bank of America offers a personal line of credit. This is a Cash loan and not a credit card by the way. It's an approved amount say $10k that I could pull from over and over again. (Just in case you thought I meant credit) and if so, what are their rates? They won't let you call them on the phone unless your a member.
2 REPLIES 2
AlmostNJ
Regular Contributor

Re: Does the bank of America offer a ploc? (Personal line of credit)

They do. I guess rates depend on credit score.
Message 2 of 3
Anonymous
Not applicable

Re: Does the bank of America offer a ploc? (Personal line of credit)

@Anonymous I searched high and low at Bank of America and came up dry on a line of credit. What I did find is they permit linking a savings or second checking account or credit card to serve as overdraft protection. Could NOT find an actual separate "line of credit" like some banks do offer. You may want to further research this topic and if you find a "line of protection" please report it.
Message 3 of 3
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