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Failed recon for higher initial CL w/ BoA

Frequent Contributor

Failed recon for higher initial CL w/ BoA

They said that b/c of my settled Honda Repo from 6 years ago that they were only able to initially approve me for $1k.  I said that my DTI is 8% & I don't have anything else since that 6 years ago, not even a 30 day late, but he didn't care.  Seems a bit stingy to me.  He wouldn't consider that or my decent income.  I asked if they had an auto CLI after 6 months and he said no.  He said I could call back later at any time but it's a HP always.  I really don't feel like using this card at all.

Starting FICOs @ 590 October 2013
Current FICO EQ: 680 TU: 704 EX: 751 04/25/2015

Venture $15k, NASA $10k, Freedom $7.5k, Discover $5.4k, AMEX BCE $5k, QS $5k, BOA Cash $3.9k, QS1 $3.5k, SM $2.5k, AMEX PRG
Message 1 of 9
8 REPLIES
Moderator

Re: Failed recon for higher initial CL w/ BoA


TARHEEL81NC wrote:

They said that b/c of my settled Honda Repo from 6 years ago that they were only able to initially approve me for $1k.  I said that my DTI is 8% & I don't have anything else since that 6 years ago, not even a 30 day late, but he didn't care.  Seems a bit stingy to me.  He wouldn't consider that or my decent income.  I asked if they had an auto CLI after 6 months and he said no.  He said I could call back later at any time but it's a HP always.  I really don't feel like using this card at all.


Is this your first BoA card?  Don't dismiss it, show them 6 months of dependable use and request CLI to $10k

Message 2 of 9
Frequent Contributor

Re: Failed recon for higher initial CL w/ BoA

Yes it's my first.  OK I'll try to give them my money.  I just feel like I'd rather give my 4 other higher CL cards my money since they weren't so stingy with me.

Starting FICOs @ 590 October 2013
Current FICO EQ: 680 TU: 704 EX: 751 04/25/2015

Venture $15k, NASA $10k, Freedom $7.5k, Discover $5.4k, AMEX BCE $5k, QS $5k, BOA Cash $3.9k, QS1 $3.5k, SM $2.5k, AMEX PRG
Message 3 of 9
Moderator

Re: Failed recon for higher initial CL w/ BoA


TARHEEL81NC wrote:

Yes it's my first.  OK I'll try to give them my money.  I just feel like I'd rather give my 4 other higher CL cards my money since they weren't so stingy with me.


I felt the same way back when Discover gave me $5k and BoA wouldn't budge from $2.5k.  Three years later, Discover is still $5k and I have over $40k available from BoA.  I'm glad I stuck with them.

Message 4 of 9
Valued Contributor

Re: Failed recon for higher initial CL w/ BoA


B335is wrote:

TARHEEL81NC wrote:

They said that b/c of my settled Honda Repo from 6 years ago that they were only able to initially approve me for $1k.  I said that my DTI is 8% & I don't have anything else since that 6 years ago, not even a 30 day late, but he didn't care.  Seems a bit stingy to me.  He wouldn't consider that or my decent income.  I asked if they had an auto CLI after 6 months and he said no.  He said I could call back later at any time but it's a HP always.  I really don't feel like using this card at all.


Is this your first BoA card?  Don't dismiss it, show them 6 months of dependable use and request CLI to $10k


+1

FICO 08-EX: 746 TU: 752 EQ: 750 AAoA: 4yrs TLs: 40 Neg: 0

Credit Limits: $300,000+
Miles: 400,000+
MRPs: 200,000+
Cash Back: $2,000+
Message 5 of 9
Valued Contributor

Re: Failed recon for higher initial CL w/ BoA

went from 10k-18k in 3 months of have a boa card
CHASE FREEDOM | AMEX BCE | | BOFA REWARDS | CITI TYP | Quicksilver | DISCOVER IT | Sallie Mae | CHASE CSP
--------$32,000-------------$30,000-----------$30,000-----------$30,000-----$13,000---------$18,200----------$15,000---------$6,500----

FICO - TU: 780 EX: 784 EQ: 781
Message 6 of 9
Valued Contributor

Re: Failed recon for higher initial CL w/ BoA

I feel your pain. Though did get a booby prize for recon
Message 7 of 9
Established Contributor

Re: Failed recon for higher initial CL w/ BoA


Luscher wrote:
went from 10k-18k in 3 months of have a boa card

What was your UTIL at the time of cli request to go from 10K to 18K?  

 

 

 

Discover IT $19,000 == 12/2013
AMEX 12/2013 ---BCP $12,000 === BC $23,000 ----- 04/2014
CHASE SLATE $5,700 === 12/2013
BoA 123 $6000 === 12/2013
Barclay Rewards $1500 == 12/2013
Message 8 of 9
Highlighted
Frequent Contributor

Re: Failed recon for higher initial CL w/ BoA


TARHEEL81NC wrote:

They said that b/c of my settled Honda Repo from 6 years ago that they were only able to initially approve me for $1k.  I said that my DTI is 8% & I don't have anything else since that 6 years ago, not even a 30 day late, but he didn't care.  Seems a bit stingy to me.  He wouldn't consider that or my decent income.  I asked if they had an auto CLI after 6 months and he said no.  He said I could call back later at any time but it's a HP always.  I really don't feel like using this card at all.



BOA or rather FIA uses the same HP for 30 days, I would wait a week or two and try a different rep, they will use the same HP and you can try your case with someone else, I have learned on this forum that it sure doesnt hurt to try and even when they still say no, try again! BOA after having only 9 months with them went from $5000 to $14000! I would stick with them.




Message 9 of 9