topic Re: BANK OF AMERICA in Credit Cards

BANK OF AMERICA

niquieg — Thu, 25 Nov 2010 21:16:58 GMT

i make a $1000.00 payment on the 23rd only to have my credit limit dropped to $900 from the original $2000.00 on the 24th, what a Happy Thanksgiving they have made this.

Re: BANK OF AMERICA

Anonymous — Thu, 25 Nov 2010 21:17:17 GMT

Sorry about the CLD.

While I have had no problems with BoA others have. I can not give a reason as to why they pick and choose who they CLD, but maybe you can help others by giving more information of your situation that brought about their decision.

Have you been carrying a higher balance?

Was the card almost maxed out before you made the $1000 payment?

Do you have other cards that you carry higher balances on?

Do you know what your UTIL % is on your CR's?

Have your CR scores changed?

Has a new negative information been reported to your CR's?

Re: BANK OF AMERICA

marty56 — Thu, 25 Nov 2010 21:17:42 GMT

BofA doing a CLD going into a holiday, who would of thought. You best option now would be to PIF the BofA card as soon as you can and never use it again, if possible. Based on your credit and income, I would look at a local CU. They usually don't play these type of games. Let the BofA card add to your AAoA and if you need to use it, always PIF. Don't let them make 1 cent of interest off of you but don't close the card either.

LOL if you are thinking of doing something medieval with a BofA CSR, you'll have to wait in line behind me, that goes for anyone else in this forum as well.

Re: BANK OF AMERICA

clocktick — Fri, 26 Nov 2010 03:14:49 GMT

Wow, sorry to hear that. Just curious, how high was your balance and how long were you carrying it? I have BOA issues too but they won't even give me a card.

Re: BANK OF AMERICA

jeffery581 — Sat, 27 Nov 2010 14:07:05 GMT

I wouldn't have a bank of america card if they wre the last ccc out there. God forbit you should bad mouth them on here too.

Re: BANK OF AMERICA

marty56 — Sat, 27 Nov 2010 14:37:53 GMT

@jeffery581 wrote:
I wouldn't have a bank of america card if they wre the last ccc out there. God forbit you should bad mouth them on here too.

I also like BofA CSRs. Dead ones.

Re: BANK OF AMERICA

score_building — Sat, 27 Nov 2010 14:45:19 GMT

What's with the cryptic edits, sans explanation?

UGH, this place just aint what it used to be, sad really

Re: BANK OF AMERICA

jeffery581 — Sat, 27 Nov 2010 18:02:21 GMT

Another thing. This post was edited by someone other than the original poster. The original post said "[edited] bank of america"... I come on here for other peoples experiences and opinions. I really dislike the editing and censorship. I really like this board but the editing is to much. I can understand editing spam, and VILE comments but a "[edited]"? Come on.

Hi jeffery581,

These forums are read by a wide range of folks. They are designed to allow forum members to share information, which can easily be done without using offensive language. Offensive language may be edited, as it is not in keeping with our policy of being friendly, supportive, and respectful. Certainly we can all share our opinions – whether positive or negative - without using potentially offensive language.

Thanks for your understanding and for your participation on these forums.

Re: BANK OF AMERICA

score_building — Sun, 28 Nov 2010 00:14:28 GMT

They left me alone through the peak of the recession but just a few weeks ago chopped 5k to 1k and 4k to 500 in response to me reminding them that they had a homework assignment (by pressing the luv button.) Even Amex has been playing nice-- CLI, approval for another card and have qualified for major lines 10k+ at fav CUs and other majors instantly. Low uti, no negs at all, no app sprees, only a few inq most will fall off by next year, etc.

Since the boa CLD have been stringing them along by making purchases the same as usual without missing a beat, more to show them what they will be missing out on when they take a break in the SD indefinitely (of course not that they care.)

Will need to do some serious culling in the years to follow and literally cannot think of one acct that I don't have good use for right now, so they actually did me a favor, no joke--it gives me two accts to summarily close. I have only been giving them the benefit of SERIOUS doubt all along and well, they reared their ugly heads, LOL

My strategy is to wait several months and then hopefully restore limits and when the restored limits report, close both cc... this way at least won't have 2 low limit accounts reporting closed.

Re: BANK OF AMERICA

ScarletFever — Mon, 29 Nov 2010 04:08:42 GMT

To the moderator: "respectful" to who? BOA? F-em'...

Re: BANK OF AMERICA

haulingthescoreup — Mon, 29 Nov 2010 04:17:58 GMT

@ScarletFever wrote:
To the moderator: "respectful" to who? BOA? F-em'...

Although I'm not particularly good at mind-reading, I think that the edit was to remove a word from the thread title that many people find offensive. It's not an issue of offending BofA; it's trying to keep the forums reasonably palatable to a wide variety of people. Thread titles tend to leap off the page, you know.

I think that anyone who functions in a community of people from varying backgrounds --at work, for instance --realizes that things that are OK among friends can be a bit too much for others. There are plenty of words that I use with my friends and peers that I wouldn't use in front of my mother. That's just a simple case of respect. And what used to be called manners.

Re: BANK OF AMERICA

jeffery581 — Mon, 29 Nov 2010 14:43:03 GMT

Thats what I was thinking too. I guess someone has BOof A stock or something.

Re: BANK OF AMERICA

jeffery581 — Mon, 29 Nov 2010 14:45:11 GMT

The oriiginal post was not negative in anyway. If you don't like someone saying something bad about a bank YOU HAVE A PROBLEM!

Re: BANK OF AMERICA

Anonymous — Mon, 29 Nov 2010 14:50:04 GMT

@jeffery581 wrote:
Thats what I was thinking too. I guess someone has BOof A stock or something.

hahaha - this is just too funny! MyFico board just isnt what it used to be... sigh!

Re: BANK OF AMERICA

jeffery581 — Mon, 29 Nov 2010 14:50:05 GMT

"That's just a simple case of respect. And what used to be called manners. "

It's also respectful to leave others post alone....

Re: BANK OF AMERICA

Lel — Tue, 30 Nov 2010 16:58:20 GMT

Okay, let me try to clear up some misconceptions here:

1. It is perfectly fine to complain about companies here, whether it be Bank of America, Capital One, Chase, whatever. Complaining about CC companies is a very popular theme on these boards.

2. The reason for the edit of the original post is that some of your fellow members found the use of a certain phrase to be offensive. It is possible to express severe displeasure without using this phrase. For example, it doesn't matter if some writes, "I hate Bank of America with a vengance! They are clearly the worst and most despicable company in the history of American business." This relays a strong negative opinion without resorting to potentially offensive language. Disclaimer: that is not my actual opinion of B of A, even though they involuntarily closed a CC on me a couple years ago.

3. Given the fact that your fellow members complained about the use of the phrase, the moderators decided that it would be reasonable to remove the offending phrase while leaving the actual post intact. The post itself was not edited at all. Only the title of the thread was modified.

4. Further edits within the thread were done only because the offending phrase was reintroduced.

5. The myFICO Forums User Guidelines state, "In the spirit of a healthy and helpful community, profanity, spam, personal attacks, flaming, and other inappropriate postings will not be tolerated. Such material may be edited or removed." The Terms of Service also outlines content that is typically considered inappropriate on the FICO Forums.

6. Yes, we all realize that "inappropriate content" is ill-defined, and we (the moderators) are not a bunch of Potter Stewarts who know it when we see it. Everything is subject to interpretation, including the phrase in question. But to reiterate, other members of the community (more than a few, I would add) did find it objectionable, and the moderators and administration agreed that it would be appropriate to redact the phrase without stifling a negative discussion about Bank of America.

7. So to reiterate, complain all you want about Bank of America or any other company. But with a Forums community of over 300,000 members, please be aware that some people, for better or for worse, are going to find certain language to be objectionable. When they complain, and if their complaints have merit to them, then action will be taken.

Thank you for your understanding.