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Regular Contributor
natasjlp
Posts: 217
Registered: ‎03-24-2009
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Quick help with reactivating an account today!

I have a bofa CC that I closed myself so I could pay monthly without interest. I am on my final payment tomorrow - wahoo! I would now like to 'reactivate' the account and will be calling them today. Any advice on what to say who to talk to how to go about it etc...?

Regular Contributor
natasjlp
Posts: 217
Registered: ‎03-24-2009
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Re: Quick help with reactivating an account today!

alright - about to call - I'll still take advice even if I am on the phone - - - >
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natasjlp
Posts: 217
Registered: ‎03-24-2009
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Re: Quick help with reactivating an account today!

alright - so they are saying I cannot reactivate the account because I went into a payment program, but someone else there said I could before. Does anyone have any experience with this?
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natasjlp
Posts: 217
Registered: ‎03-24-2009
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Re: Quick help with reactivating an account today!

Arrgg..!!!! so - after several years of struggling to pay off the card through an internal payment program with the hope to reactivate the account after I get down to the last payment I am told I cannot not do that any more because of the new federal regulations that just went into effect in AUGUST! what!?!?!?!? what kind of luck is that! now I won't have the account history for an open account.

 

Thanks Feds - you really helped me out of this one......................................  biggest possible *sigh* with great great disappointment - litterally been waiting years to do this.... lots of things I want to say but can't via this forum because of decorum - frustration rising... ok must leave now.

Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
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Re: Quick help with reactivating an account today!

There is nothing in the "new federal regulations", translate: The Credit CARD Act that would bar the reopening of your account. That said - if you truly closed your account virtually no issuer would reopen it. Virtually no issuer reopens fully closed accounts. The require re-app. Try there soft INQ pre-app site and see if you get anything back:

 

https://preapproved.bankofamerica.com/cc/SelfInquiry.aspx

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haulingthescoreup
Posts: 28,098
Registered: ‎04-01-2007
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Re: Quick help with reactivating an account today!


natasjlp wrote:

Arrgg..!!!! so - after several years of struggling to pay off the card through an internal payment program with the hope to reactivate the account after I get down to the last payment I am told I cannot not do that any more because of the new federal regulations that just went into effect in AUGUST! what!?!?!?!? what kind of luck is that! now I won't have the account history for an open account.

 

Thanks Feds - you really helped me out of this one......................................  biggest possible *sigh* with great great disappointment - litterally been waiting years to do this.... lots of things I want to say but can't via this forum because of decorum - frustration rising... ok must leave now.



Do you have anything in writing about them re-opening when the repayment is done? If so, ask them specifically which part of the new regs would bar them from doing so. Sounds like complete hogwash to me.

Honestly, I don't know how some of these people look at themselves in the mirror in the mornings as they brush their teeth...
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Regular Contributor
natasjlp
Posts: 217
Registered: ‎03-24-2009
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Re: Quick help with reactivating an account today!

[ Edited ]

creditwherecreditisdue wrote:

There is nothing in the "new federal regulations", translate: The Credit CARD Act that would bar the reopening of your account. That said - if you truly closed your account virtually no issuer would reopen it. Virtually no issuer reopens fully closed accounts. The require re-app. Try there soft INQ pre-app site and see if you get anything back:

 

https://preapproved.bankofamerica.com/cc/SelfInquiry.aspx


 

I will fill this out, but may I ask why?
Message Edited by natasjlp on 10-01-2009 07:05 PM
Regular Contributor
natasjlp
Posts: 217
Registered: ‎03-24-2009
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Re: Quick help with reactivating an account today!


haulingthescoreup wrote:

natasjlp wrote:

Arrgg..!!!! so - after several years of struggling to pay off the card through an internal payment program with the hope to reactivate the account after I get down to the last payment I am told I cannot not do that any more because of the new federal regulations that just went into effect in AUGUST! what!?!?!?!? what kind of luck is that! now I won't have the account history for an open account.

 

Thanks Feds - you really helped me out of this one......................................  biggest possible *sigh* with great great disappointment - litterally been waiting years to do this.... lots of things I want to say but can't via this forum because of decorum - frustration rising... ok must leave now.



Do you have anything in writing about them re-opening when the repayment is done? If so, ask them specifically which part of the new regs would bar them from doing so. Sounds like complete hogwash to me.

Honestly, I don't know how some of these people look at themselves in the mirror in the mornings as they brush their teeth...

I have nothing in writing, did not figure I would need to. Plus feeling I was at their mercy I merely thanked them and started paying off the cc at an accelerated rate. I am here with 1 payment left in the next few days which I will make - it is just sucj a shame... I don't understadn why there seems to now be no possibility of reactivating the account. very disappointing... to say the least...

Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
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Re: Quick help with reactivating an account today!

If you are otherwise qualified for a card from BofA you will get a positive response there. If not you won't. Both HTSU and I believe they are shining you on. I would probably call them a few more times before I gave up on this.
Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
0

Re: Quick help with reactivating an account today!

The real question is was the account suspended or closed?

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