As one of the nation's leaders in the banking industry, Bank of America is known and trusted among many Americans. For people in need of a debt consolidation loan, Bank of America offers a product called Clean Sweep Line of Credit. The loan has no annual fees and is an unsecured loan. Bank of America is a leading issuer of credit cards and debt instruments, and then also offers debt consolidation loans and mortgages for Bank of America consumers with debt.
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Bank of America's debt consolidation loan is a great option for those with good credit. With no annual fees and no collateral needed, you can secure a loan up to $25,000 with rates as low as 9.49%. If you don't have strong credit, however, rates can go as up as 25.49%. Be sure to review the terms of debt consolidation loan contract before signing.