03 Jun Steve Boland, chairman of Merchandising from the Financial out-of America
Financial away from The usa today introduced Balance Assist™, a revolutionary new solution that provides a low-cost way for clients to manage their short-term liquidity needs, borrowing only the amount they need, up to $500. Balance Assist is the latest offering in a comprehensive gang of monetary selection and services designed to help clients bank confidently and improve their financial lives.
“Equilibrium Let is the most recent when you look at the an effective band of clear, easy-to-have fun with remedies for assist our customers budget, save your self, purchase and you will borrow carefully and you can with full confidence,” said D. “Anybody wanted the power to reach monetary liberty and you may stability, consequently they are seeking to simple, clear options and you may suggestions to assist them in the process.”
Financial out of America customers increases the financial physical fitness by the creating an economy punishment, working to make their borrowing, and you may improving their budgeting event partly through this set of of good use choices. Delivered through the company's honor-successful digital channels and you can educated financial experts, that it band of safe banking choice facilitate see clients' relaxed banking, discounts and you may credit requires, and you can has:
These choice and you will features come from the prize-profitable Bank away from The united states Mobile Banking application and are backed by Erica, our very own electronic secretary
- Balance Assist – With this new short-term, low-cost loan, Bank of America clients can now borrow up to $500 (in increments of $100) for a $5 flat fee regardless of the amount advanced to their account. Repayments would be made in three equal monthly installments over a 90-day period. To learn more, review these additional device information and eligibility criteria. Borrowers must have been a Bank of America checking account client for at least one year.