05-08-2013 11:02 AM
05-08-2013 07:00 PM
I applied for a BoA secured card 4/26, a little more than a week later they took the $1000 deposit out of my account, but I haven't gotten anything saying I've been approved and when I check my application status on their website it says its still under review.... Anyone know what's goin on here???
Your approved congrats
Use the card wisely and it will graduate in about a year
05-08-2013 07:13 PM - edited 05-08-2013 07:13 PM
Yep, if they've pulled the funds for your deposit, then you're all good. Enjoy the new card, it's an excellent secured product!
05-08-2013 07:59 PM
05-08-2013 10:21 PM
05-09-2013 04:33 AM
Well I called today and that's what they said, unfortunately they over drafted my account an my bank pulled it back, so when I get paid on Friday I have to call them again and tell them to pull the deposit once more. Think this will be an issue???
Let me just clarify this.... Are you saying that when BOA went to draft out your deposit there wasn't enough money in your bank, so the deposit caused you to be overdrawn? Maybe I'm just missunderstanding, but if that's correct, then why would you of allowed that to happen when you knew the app was pending and it could possibly be drawn out? I'm not trying to sound harsh here, I ask this with the best intentions. You didn't have to allow for such a big security deposit.
Please slap me if I missunderstood this post...
05-09-2013 12:16 PM
05-09-2013 12:21 PM
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO