08-23-2007 05:37 PM
08-23-2007 06:57 PM - edited 08-23-2007 06:58 PM
Maximus wrote:Bank of America has reviewed by account, since it is due to expire and decieded that based on information obtained from Trans Union they were canceling my account. My credit score last month was a 665, I had an account removed by equifax. I dont know what the other reporting agency has as my score. What I want to know is what can I do? Is this going to lower my score? This year I have worked hard to pay everything on time. The Bank of America account I opened 2 years ago, and I am 100% sure that my credit score was not as high as it is now. . .I have no Idea what to do...
08-23-2007 10:02 PM
08-23-2007 10:05 PM
Confusing as he!!... keep us posted as to what happens. Just dosen't seem right.
BOA is cancelling accounts of law-abiding customers... and opening up new accounts for illegal aliens? Is this insane or what?
08-23-2007 10:24 PM
08-24-2007 07:40 AM
The TL and Hx will not go away... It will just say "Closed by Grantor" Not the best scenario, but as long as it has been current and you cann pay the balance within the terms of your cardholder agreement the FICO impact will likely be mute.Rob
08-24-2007 08:28 AM
08-24-2007 08:40 AM - edited 08-24-2007 08:41 AM
Redamagon wrote:So, good and old prejudice.......Nice!!!I love it!!It is not a normal thing for a bank to close a account in good stander, so it must be something wrong with your account or a mistake from there part. You don't need to send a letter to the CEO. All you need to do is to go to a branch and explain to them the situation.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.