Bank of America offers a small-dollar loan, but borrowers seeking large personal loans have options with other lenders. Bank of America — like some other large U.S. banks — does not offer large unsecured personal loans.
What happens to my check if I do not pay on my due date? If your state requires a personal check as collateral, we will not cash your check or debit your account unless we do not receive payment for your loan. If you are unable to pay your loan on time, please contact your local store or call us at 844-562-6480.
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. Clients can make payments with a debit card or digitally when enrolled in Zelle®, mobile or online banking.Oct 8, 2020
How much money can I get with a payday loan? The amount of money you can get with a Payday Loan varies depending on your state, but payday loans typically range from $50 - $1,000. Once you enter your zip code or city, state, you can learn the Payday Loan amounts available in your area.