Credit Cards

[cobaltnv]

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voidman wrote: 

I have a theory, if a person lets his util see-saw from <10% to 25% will he have maximum fico rise? I heard that Fico formula loves balance going down, but do they hate equally on balances going up

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The FICO algorithm has no memory of past balances. 

[SoccerFan]

Lyythine, I had the same thing happen to me with my debit/visa card a few weeks ago. Called BofA and they said that Visa had a security breech with a block of acct #'s that included mine. Their Fraud Dept. actually left me a message on the home answering machine (did not check B-4 calling). Maybe why your card was shutdown.

[cabana7]

My employer just asked to pull my credit for a promotion...told me it was the best credit they had seen in a long time

but wasn't good enough for a credit line increase from B of A...I'm really getting tired of it all...Banks really just don't

want to lend right now....my neighbor was just turned down by BofA for a small loan his credit score was 820 with

no derog...so its not personal its just hitting everyone...credit markets are still not functioning correctly...

[KingAdrock]

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DI wrote:
Always call the the 800 number or check online when attempting to use a card you had dormant. Save yourself the embarrassment.

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OP said they hadn't used it in 1 month. That's not really dormant.

[smallfry]

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cabana7 wrote:

My employer just asked to pull my credit for a promotion...told me it was the best credit they had seen in a long time

but wasn't good enough for a credit line increase from B of A...I'm really getting tired of it all...Banks really just don't

want to lend right now....my neighbor was just turned down by BofA for a small loan his credit score was 820 with

no derog...so its not personal its just hitting everyone...credit markets are still not functioning correctly...

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Citi keeps granting CLI with soft pulls. YMMV.

[iDShaDoW]

Have you had any missed calls or anything from BofA lately?

Makes me wonder, I've had maybe 2 incidents where I purchased gas from near another campus where I never really travel otherwise and one where I purchased books for classes.

Both times, I've received some sort of e-mail or automated call from BofA in order for them to have me verify if I made those purchases.

Seems like maybe they might've done the same for you (they said you made purchases even when you didn't) and when you don't contact them back or verify they assume the cards been stolen and re-issue it?

[bakalao2k]

This story reminds me of what happened in that movie with Ben Affleck and Samuel L. Jackson, "Changing Lanes"

From Wikipedia:

Unfortunately for Banek, he dropped the crucial power of appointment file at the scene of the accident, and the judge gives him until the end of the day to re-obtain the papers and present them. Gipson, who took the papers, has no intention of returning them, and in desperation, Banek goes to someone skilled with computers and gets him to switch off Gipson's credit. Gipson needed credit for a loan so he could buy a house for his family, and he becomes further enraged, determined to make life difficult for Banek.

[Karatz]

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smallfry wrote:

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cabana7 wrote:

My employer just asked to pull my credit for a promotion...told me it was the best credit they had seen in a long time

but wasn't good enough for a credit line increase from B of A...I'm really getting tired of it all...Banks really just don't

want to lend right now....my neighbor was just turned down by BofA for a small loan his credit score was 820 with

no derog...so its not personal its just hitting everyone...credit markets are still not functioning correctly...

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Citi keeps granting CLI with soft pulls. YMMV.

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Today is my 120 day aniversary since my last one...crossing my fingers it comes around again.