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Frequent Contributor
charliebrown1370
Posts: 313
Registered: ‎06-26-2009

BofA to charge an AF if you PIF

I was reading an article on MSNBC and they are reporting that BofA announced they will begin charging an AF of $29 to $99 per year to their customers who PIF each month. I guess they are going to get you one way or another.

 

CB


Starting Score: EQ 618 TU 585
Current Score: EQ 680 TU 698 EX 681 (lender pull 04/2010)
Goal Score: EQ 720 TU 720


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Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009

Re: BofA to charge an AF if you PIF


charliebrown1370 wrote:

I was reading an article on MSNBC and they are reporting that BofA announced they will begin charging an AF of $29 to $99 per year to their customers who PIF each month. I guess they are going to get you one way or another.

 

CB


 

This is old news and will only apply to some accounts. It is not across the board. Same can be said about Citi AF stated in the article. Many of Chase's actions were rolled back. The article reports second and third hand information and is not very accurate. The devil is in the details, and the details can usually be found here and CB. For some reason these articles and blogger's websites never quite seem to get those details right.
Frequent Contributor
charliebrown1370
Posts: 313
Registered: ‎06-26-2009

Re: BofA to charge an AF if you PIF


creditwherecreditisdue wrote:

charliebrown1370 wrote:

I was reading an article on MSNBC and they are reporting that BofA announced they will begin charging an AF of $29 to $99 per year to their customers who PIF each month. I guess they are going to get you one way or another.

 

CB


 

This is old news and will only apply to some accounts. It is not across the board. Same can be said about Citi AF stated in the article. Many of Chase's actions were rolled back. The article reports second and third hand information and is not very accurate. The devil is in the details, and the details can usually be found here and CB. For some reason these articles and blogger's websites never quite seem to get those details right.

CWCD,

 

Thanks for the input.

 

CB


Starting Score: EQ 618 TU 585
Current Score: EQ 680 TU 698 EX 681 (lender pull 04/2010)
Goal Score: EQ 720 TU 720


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