CREDIT DEFAULT SWAPS CONTRACTS

john asked:


Do any have failed in their credit card BofA recently? If so how was your balance (if you don 't mind it says)? What if I sold it to a collection agency, how long after you had skipped them did sell? I 'm asking because I'm about to skip on my BofA credit card (over $ 30k) and I just got a letter saying that they consider selling to a collection agency soon after default. I would personally try to BofA 's collection department to place the debt instead of trying to put a collection agency. So I 'm wondering what the BofA has been doing lately with their accounts omitted large (or small). Any help would be appreciated … thanks

wittygee asked:


From 12.7% to 25.4%. I have not been behind in payments on l? Mite, etc.. Call? and said that I was "selected" for an increase in the rate. ? Qu? ? est l? trying to do? Or transferred to another card or omitted. Either way, they don 't make money on the interest? S.