06-06-2009 07:59 PM
06-06-2009 08:35 PM
Just be cool champ...keep an eye on the mail. In about a week to 10 days it will show up. World Points rewards card. No need to get all bent out of shape about it. As long as you have no baddies on your credit reports that card will be in the mail. Thank me later...
06-07-2009 08:27 AM
06-07-2009 09:28 AM
06-07-2009 11:09 AM
06-07-2009 11:18 AM
I have around a 670 and I have nothing that bad on my credit report.
BofA usually pulls EX. Did they pull EX with you? You can only guess on your EX FICO, but we we could get that score, I was initially turned down for an unsecured CC with an EX FICO of 664.
06-07-2009 01:40 PM - edited 06-07-2009 01:41 PM
What do you mean? They sent me another denial letter after I sent them a reconsideration letter. I don't see how they'd still send me a card. It's bull**bleep**. Now I'm pissed off but trying to forget about it.
They did my wife the same way...got the denial letters and all, but that card showed up in about 10 days. Doesn't mean they will give it to you, it's just the same thing happened to my wife, so you gotta keep hope alive.
06-08-2009 04:45 AM
I'm really sorry that it didn't work out with BoA right now. But, don't be discouraged-- it's always darkest before the dawn. Before you know it, credit frustration will turn to credit fruition!
Do you still have the denial letter? What reasons, exactly (can you reprint them?) did BoA give in your denial letter. You mentioned 'not having enough revolving credit' and "etc...", but that's a little vague. You also mentioned having a paid collection-- was that, by chance, paid recently (within the last 12 months)? How old are your other accounts? What BoA card did you apply for? I'm not trying to overly pry, but it's easier to give some thought to 'what next' if we have a little better understanding of what *exactly* went wrong with this app. You might get more 'been there/done that' perspective on what to & what *not* to do next.
Do you know what your Equifax FICO score is? You might want to consider establishing a relationship with a credit union and applying for credit products with them. You may find, as many of us have, that the overal financial stability of credit unions are stronger than that of most banks right now-- they're still lending, generously.
And, if it's BoA, specifically, that you really want to establish a relationship with, you can go the fully secured route. I understand, however, that you now have to go into a bank branch directly to apply for the fully secured card. The nice thing about this option is that you can determine whatever credit line you like. AND, in 9-12 months, it'll unsecure the same as the partially secured card.
Friendly, Supportive & Respectful
"However gradual may be the growth of confidence, that of credit requires still more time to arrive at maturity” ~ Benjamin Disraeli
06-08-2009 07:50 PM