01-08-2012 05:09 PM
01-08-2012 05:14 PM
01-08-2012 05:56 PM
Yeah, I asked about it once, they said they had to since the original terms would be changing. I think it is pretty harsh, but if the card grows long-term, I'll take that trade-off.
Hrm, guess will see where I'm at come August: was debating putting more money in to increase the CL for all of the usual FICO scoring reasons, and since I'm re-financing my car at that time anyway, might as well eat the inquiry damage if putting off condo shopping till the following year (which appears to be a forgone conclusion currently).
Thanks for the heads up, any idea if it changes their graduation policy?
01-08-2012 06:00 PM
01-08-2012 06:04 PM
Yeah well I've been graduated once before with a weaker credit report and score than I have now, I suspect it'll happen again for me .
Was mostly just an idiot for letting the card lapse when it came to renew. Ah well, if I didn't have issues I wouldn't have been here to gather all these nifty bits of information from you and others, thanks again!
03-11-2014 09:59 PM
I think that if you have approved acconts with Chase... Citi... Cap One.. Barkleys.. with HIGH credit limits.. approval for a BOA card with a SECURED limit of $300 to $10000 is really going to make the big dogs scratch their heads..... I applied for a BOA cash rewards card and recieved a letter that I was denied that card but... preseleceted for the secured card.... I trashed the letter ..and stood by Chase ($6K) Citi (7K) Barkley (3.5K) USBank (3.5K) AMEX ( 7.5K) .... BOA needs to take a walk....
08-15-2014 07:41 PM
Hi guys I'm new here. I had been doing a ton of reading b4 I went ahead an applied for the B of A secured credit card. Initially out the gate I was denied like most but thanks to the good info on here I was able to contact the back door an get approved. Thanks again guys an I'm looking forward to jumping on the road to credit rebuilding.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.