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Bofa visa dig reports as a cfa?

New Contributor

Bofa visa dig reports as a cfa?

My new bofa travel rewards visa sig is reporting as a consumer finance account on eq, is this right? I've read in some cases this hurts your score and looks bad however in my case I got a 5 point bump. Anyone know if its supposed to report like this?
BCE 12800, bofa travel rewards 8k, Barclays apple 6200, Macy's 2000, Macy's Amex 3200, merrick bank 300 , Victoria secret 1350, jcrew 1350
4 REPLIES
Valued Contributor

Re: Bofa visa dig reports as a cfa?


slg wrote:
My new bofa travel rewards visa sig is reporting as a consumer finance account on eq, is this right? I've read in some cases this hurts your score and looks bad however in my case I got a 5 point bump. Anyone know if its supposed to report like this?

They generally report as "credit card" or "flexible spending card".  Might want to call and ask them about this.

EX = 849 EQ = 850 TU = 850 as of 07/2017
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Blogger

Re: Bofa visa dig reports as a cfa?

That doesn't sound right. +1 to calling BofA to straighten it out.

Senior Contributor

Re: Bofa visa dig reports as a cfa?

can you pls post the result? I am about to pc over my oldest account and losing that card in the AAoA would be drastic....thks
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New Contributor

Re: Bofa visa dig reports as a cfa?

Yes, I plan on calling Monday. I'll update then Smiley Happy
BCE 12800, bofa travel rewards 8k, Barclays apple 6200, Macy's 2000, Macy's Amex 3200, merrick bank 300 , Victoria secret 1350, jcrew 1350