Valued Contributor
oracles
Posts: 1,699
Registered: ‎08-18-2007
Re: When does boa secured 99/500
[ Edited ]

Shnapple wrote:
Does BOA prefer you to PIF monthly or carry a balance? My sister went unsecure about 6 months ago but is almost maxed out now. I told her to PIF then call BOA and ask for an increase. Is this wise? Is this what they want to see? She has no lates.

 

Hey Shnapple

 

This is a good plan. Have her PIF and then ask for a cli. BofA is very good with cli's.

 

I would also suggest she does a product change so she would have a better card. This will give her better advantages with lower apr's and cli's.

 

hope this helps and keep us updated

Message Edited by oracles on 01-31-2009 12:12 AM
Established Contributor
Shnapple
Posts: 837
Registered: ‎02-27-2008
Re: When does boa secured 99/500

Great idea! Thanks!


oracles wrote:

 

Hey Shnapple

 

This is a good plan. Have here PIF and then ask for a cli. BofA is very good with cli's.

 

I would also suggest she does a product change so she would have a better card. This will give her better advantages with lower apr's and cli's.

 

hope this helps and keep us updated


 

FEB '08 FAKOs: TU 628 | EX 650 | EQ 584
JAN'09 FAKOs TU 686 | EX 705 | EQ 664
EQ FICO: FEB '08 646 | APR '08 678 | SEP '08 679
Regular Contributor
lawskool09
Posts: 171
Registered: ‎03-04-2008
Re: When does boa secured 99/500
Does anyone know what BOA is looking for when they decide to unsecure?
4/23/08 EX-614 EQ-624 TU-635
5/6/08 EX-660 EQ-628 TU-685
5/12/08 EX-660 EQ-652 TU-685
12/08/08 EX-670 EQ-670 TU-674
Valued Contributor
oracles
Posts: 1,699
Registered: ‎08-18-2007
Re: When does boa secured 99/500

They look for good history. Always pay on time.

 

Always try to PIF, if not try to pay more than the minimum.

 

Use it so they know you can handle credit.

Regular Contributor
lawskool09
Posts: 171
Registered: ‎03-04-2008
Re: When does boa secured 99/500
I've done that, so hopefully it's good enough.  Thanks!
4/23/08 EX-614 EQ-624 TU-635
5/6/08 EX-660 EQ-628 TU-685
5/12/08 EX-660 EQ-652 TU-685
12/08/08 EX-670 EQ-670 TU-674
Valued Contributor
oracles
Posts: 1,699
Registered: ‎08-18-2007
Re: When does boa secured 99/500
No problem, keep us updated
Senior Contributor
UpUpUp
Posts: 3,017
Registered: ‎06-03-2008
Re: When does boa secured 99/500
Mine was actually at a year. I had perfect history so I wasn't being punished for anything. Not sure why it was 1 year if others had it at 9 months. :smileyindifferent:
Valued Contributor
oracles
Posts: 1,699
Registered: ‎08-18-2007
Re: When does boa secured 99/500

Did you call them upupup after 9 months.

 

I have read people getting it unsecured once they called.

 

YMMV

Senior Contributor
UpUpUp
Posts: 3,017
Registered: ‎06-03-2008
Re: When does boa secured 99/500
Oh and YES do a product change whenever can. They wouldn't give me a cent for like 1-2 years after my card unsecured. The second I did a product change, they stopped treating me like gum stuck on the bottom of their shoes. The card must still indicate that it was/is a leftover remnant from a secured card and they continued to treat my account as such until I did a product change.
Senior Contributor
UpUpUp
Posts: 3,017
Registered: ‎06-03-2008
Re: When does boa secured 99/500
Yep, I called them because they initially told me the same thing. But when I called they said they couldn't do it at that time and to call back at 12 months. I was pretty peeved, but didn't know about backdoor, etc. at that time.

oracles wrote:

Did you call them upupup after 9 months.

 

I have read people getting it unsecured once they called.

 

YMMV