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Established Contributor
Uncle_Money
Posts: 530
Registered: ‎07-28-2008
0

BOA Luv Button: Am I Ready?

Today is a good day that I've been looking forward to. Finally, I paid off the full balance on my BOA Platinum Visa. It feels good to have a $0 balance.
 
Question is, how long should I wait to hit that button we all know is staring us in the face? About 2 weeks ago I was carrying almost a $3,000 balance and was declined for an increase. Current CL is $7,200. Is it too soon to try again? Majority rules on this!!
Equifax Fico 785 as of 01/18/2012
Established Contributor
contractor
Posts: 697
Registered: ‎03-09-2008
0

Re: BOA Luv Button: Am I Ready?

I vote - Call them.
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"No good deed goes unpunished"




There is nothing more simple, nothing more complex than the relationship between Country Boy and Dog.
Moderator Emeritus
cheddar
Posts: 6,794
Registered: ‎09-29-2007
0

Re: BOA Luv Button: Am I Ready?

I vote go for it.
 
Actually, don't hit the button.  Call a credit analyst instead.  Better chance to get what you want that way.
 
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App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. :smileysurprised: )
Senior Contributor
UpUpUp
Posts: 3,017
Registered: ‎06-03-2008
0

Re: BOA Luv Button: Am I Ready?

If you get a guy that feels the need to tell you he's a "senior" credit analyst within the first 2 minutes, hang-up and call back..just pretend you got disconnected. :smileyvery-happy: 
 
Seriously, good luck. I think you'd stand a good chance now!
Established Contributor
Uncle_Money
Posts: 530
Registered: ‎07-28-2008
0

Re: BOA Luv Button: Am I Ready?

Majority rules! Thanks for the input, guys. I'm going for it tomorrow.
 
I will post the results!
Equifax Fico 785 as of 01/18/2012
Frequent Contributor
lurknomore
Posts: 356
Registered: ‎10-10-2007
0

Re: BOA Luv Button: Am I Ready?

So, Unc, have you called yet to get a CLI?  Inquiring minds want to know!  :smileyvery-happy:
FICO: 8/08 - TU 718; EQ 702; EX 733 (Bonafide 700 club member!)
Next goal: 750s across the board!!
Senior Contributor
FretlessMayhem
Posts: 3,279
Registered: ‎08-03-2007
0

Re: BOA Luv Button: Am I Ready?

Better late than never! I agree with cheddar and the others. Call the back door number.

Sometimes a man just needs to get what he wants.
Here we go again...
Established Contributor
Uncle_Money
Posts: 530
Registered: ‎07-28-2008
0

Re: BOA Luv Button: Am I Ready?

Hey Guys,
 
They are calling me back! The last decline showed up in the system, the analyst told me. I told her I had a balance at the time of the request but a 0 balance today!
 
I'll post the end result later today.
Equifax Fico 785 as of 01/18/2012
Established Contributor
Uncle_Money
Posts: 530
Registered: ‎07-28-2008
0

Re: BOA Luv Button: Am I Ready?

Hey Guys,
 
Here's the update!! First, I spoke with a CSR. She told me I was preapproved for a 50K line of credit! I wasn't going to take this but for curiousity sake I asked if they still had to do a credit check. She said, "Nope! I can send this right out to you!" I declined but it's certainly nice to know those funds are available.
 
Next, I spoke with an analyst using the backdoor #. First, I told him my APR was way too high, especially for how I treat the card. Then, I asked if I can convert to the BOA/Amex Acclerated Reward card. He said yes! I've had my eyes on that card. Next, here's the part we've all been waiting for. I asked for the increase on my $7,200 CL. He asked how much I wanted. I told him whatever they want to give. He came back with $15,500!!! Now that's a whopping increase! Loving Bank of America. What do you guys think of this card? They have me 1.9% for 12 months.
 
Finally, a HUGE thanks to everyone in this forum and for advising me to call. I was going to hit the button until you guys told me otherwise. This forum is a very valuable place! Thanks again guys.
Equifax Fico 785 as of 01/18/2012
Established Contributor
jaxstraw
Posts: 570
Registered: ‎03-29-2008
0

Re: BOA Luv Button: Am I Ready?

Big time Congrats Uncle Money !! I thought they did me great two weeks ago when I went from 7500 to 12000 but you did wayyyyyyyyyyyy better. Good for you. Jax
Jax

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