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Valued Member
niquieg
Posts: 43
Registered: ‎03-03-2009

BANK OF AMERICA

[ Edited ]

i make a $1000.00 payment on the 23rd only to have my credit limit dropped to $900 from the original $2000.00 on the 24th, what a Happy Thanksgiving they have made this.

Valued Contributor
JM-AM
Posts: 3,303
Registered: ‎06-09-2010

Re: BANK OF AMERICA

[ Edited ]

Sorry about the CLD.

 

 

While I have had no problems with BoA others have. I can not give a reason as to why they pick and choose who they CLD, but maybe you can help others by giving more information of your situation that brought about their decision.

 

Have you been carrying a higher balance?

 

Was the card almost maxed out before you made the $1000 payment?

 

Do you have other cards that you carry higher balances on?

 

Do you know what your UTIL % is on your CR's?

 

Have your CR scores changed?

 

Has a new negative information been reported to your CR's?

 

 

 

Good Luck
May all your dreams and wishes become a reality!
Super Contributor
marty56
Posts: 5,679
Registered: ‎10-06-2007

Re: BANK OF AMERICA

[ Edited ]

BofA doing a CLD going into a holiday, who would of thought.  You best option now would be to PIF the BofA card as soon as you can and never use it again, if possible.  Based on your credit and income,  I would look at a local CU.  They usually don't play these type of games.  Let the BofA card add to your AAoA and if you need to use it, always PIF.  Don't let them make 1 cent of interest off of you but don't close the card either.

 

LOL if you are thinking of  doing something medieval with a BofA CSR, you'll have to wait in line behind me,  that goes for anyone else in this forum as well.

09/12/2013 FICO: EQ: 772 EX:813 TU:752
Valued Contributor
clocktick
Posts: 1,578
Registered: ‎12-07-2008

Re: BANK OF AMERICA

Wow, sorry to hear that.  Just curious, how high was your balance and how long were you carrying it?  I have BOA issues too but they won't even give me a card.

11/30/08 TU 648 EX 672 EQ 656 MARCH 2014 TU 763 EX 740 EQ 721
Amex BCP $24.1K/Clear $8.5- Barclays LLBean $15k/Sallie Mae $12.5 -Cap One QS $4 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800




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Current Score: 736
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Frequent Contributor
jeffery581
Posts: 369
Registered: ‎03-26-2010

Re: BANK OF AMERICA

I wouldn't have a bank of america card if they wre the last ccc out there. God forbit you should bad mouth them on here too. :smileyhappy:

Capital One QuicksilverOne MC| MTV Visa | Sony Visa | NFL Visa | ebay MC | Best Buy MC | Credit One Visa | JCP | Kohl's| Conoco | Bloomingdale's | Lowe's | CareCredit | Firestone | Walmart | Academy Sports Visa | Macy's | Target | Amazon | Gap |
Super Contributor
marty56
Posts: 5,679
Registered: ‎10-06-2007

Re: BANK OF AMERICA


jeffery581 wrote:

I wouldn't have a bank of america card if they wre the last ccc out there. God forbit you should bad mouth them on here too. :smileyhappy:


I also like BofA CSRs.  Dead ones.

09/12/2013 FICO: EQ: 772 EX:813 TU:752
Senior Contributor
score_building
Posts: 3,468
Registered: ‎01-10-2008

Re: BANK OF AMERICA

What's with the cryptic edits, sans explanation?  

 

UGH, this place just aint what it used to be, sad really :smileysad:

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (WALMART)
Frequent Contributor
jeffery581
Posts: 369
Registered: ‎03-26-2010

Re: BANK OF AMERICA

[ Edited ]

Another thing. This post was edited by someone other than the original poster. The original post said "[edited] bank of america"... I come on here for other peoples experiences and opinions. I really dislike the editing and censorship. I really like this board but the editing is to much. I can understand editing spam, and VILE comments but a "[edited]"? Come on.

 

 

 

Hi jeffery581,

These forums are read by a wide range of folks.  They are designed to allow forum members to share information, which can easily be done without using offensive language.  Offensive language may be edited, as it is not in keeping with our policy of being friendly, supportive, and respectful.  Certainly we can all share our opinions – whether positive or negative - without using potentially offensive language.


Thanks for your understanding and for your participation on these forums.

Capital One QuicksilverOne MC| MTV Visa | Sony Visa | NFL Visa | ebay MC | Best Buy MC | Credit One Visa | JCP | Kohl's| Conoco | Bloomingdale's | Lowe's | CareCredit | Firestone | Walmart | Academy Sports Visa | Macy's | Target | Amazon | Gap |
Senior Contributor
score_building
Posts: 3,468
Registered: ‎01-10-2008

Re: BANK OF AMERICA

[ Edited ]

They left me alone through the peak of the recession but just a few weeks ago chopped 5k to 1k and 4k to 500 in response to me reminding them that they had a homework assignment (by pressing the luv button.)  Even Amex has been playing nice-- CLI, approval for another card and have qualified for major lines 10k+ at fav CUs and other majors instantly.  Low uti, no negs at all, no app sprees, only a few inq most will fall off by next year, etc. 

 

Since the boa CLD have been stringing them along by making purchases the same as usual without missing a beat, more to show them what they will be missing out on when they take a break in the SD indefinitely (of course not that they care.)  

 

Will need to do some serious culling in the years to follow and literally cannot think of one acct that I don't have good use for right now, so they actually did me a favor, no joke--it gives me two accts to summarily close.  I have only been giving them the benefit of SERIOUS doubt all along and well, they reared their ugly heads, LOL

 

My strategy is to wait several months and then hopefully restore limits and when the restored limits report, close both cc... this way at least  won't have 2 low limit accounts reporting closed.

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (WALMART)
Regular Contributor
ScarletFever
Posts: 235
Registered: ‎02-11-2008

Re: BANK OF AMERICA

To the moderator: "respectful" to who? BOA? F-em'...

Equifax-734 Experian-731 Trans Union-714: Nov 29, 2013: Credit Karma-760, Credit Sesame-740, Jan 18th, 2014.

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