topic Re: Bank of America CC w/ Bad History in Credit Cards

Bank of America CC w/ Bad History

Jutz — Mon, 10 Dec 2012 19:46:45 GMT

Alright guys, now that I'm out of the basement and into some weird level right above the basement, I can actually see light at the end of the tunnel.

I have a BOA Platinum Plus (Student) card that I've had open since 2006. I treated the card terribly, letting it go 30+ late 3 times since I have had it, with the most recent being April of this year. In addition, it was once over it's balance ($716/$600 by the way) and carried a balance on it for roughly 5 years straight, paying minimums god knows how many times. Really just an awful way to treat a card.

By some miracle BOA hasn't closed this account. But my question is, do I have any hope of reviving this relationship with BOA and maybe PCing or CLIing or have I pretty much written the chapter on that one? Obviously, I wouldn't even ask them for anything until my last late ages at least a year, I'm just wondering if anyone has experienced this before.

Full disclosure to make matters worse: I had a World Points Gold card from BOA as well that I let lapse to 90+ days late, and it was closed by them. I paid them off in full before it was charged off, however, and now it sits as "Pays as Agreed" and closed (albeit closed by Grantor).

Re: Bank of America CC w/ Bad History

jsickz32 — Mon, 10 Dec 2012 19:52:46 GMT

I had that same card since 2009. I went over my limit once 1017/1000 but never late. I recently called to pc it and they did it no problem. Just call and ask

Re: Bank of America CC w/ Bad History

Jutz — Mon, 10 Dec 2012 19:56:36 GMT

They PCd?? That's pretty cool. I still want to put a year between me and the last late I've posted, but that's good to know.

Re: Bank of America CC w/ Bad History

Jutz — Mon, 10 Dec 2012 19:57:04 GMT

Sorry, I should have asked, they did a hard pull right?

Re: Bank of America CC w/ Bad History

jsickz32 — Mon, 10 Dec 2012 20:00:46 GMT

Nope. I asked if they needed to pull my credit or any info and they said no. They asked what card i wanted to pc to and thats it. It took a full month for the card to arrive and the account to change

Re: Bank of America CC w/ Bad History

jsickz32 — Mon, 10 Dec 2012 20:01:15 GMT

The new card even came with the same "member since"

Re: Bank of America CC w/ Bad History

Jutz — Mon, 10 Dec 2012 20:10:36 GMT

Wow. That's pretty great. I still don't know if my other derogs will keep me from any real growth, but a true PC from a student card at least shows it's possible.

Re: Bank of America CC w/ Bad History

Swapmeet — Mon, 10 Dec 2012 20:16:11 GMT

@Jutz wrote:
They PCd?? That's pretty cool. I still want to put a year between me and the last late I've posted, but that's good to know.

This seems like a pretty good strategy to me. A year of good payment history and responsible use would probably be a better sign of futer credit worthiness, than a late from more than a year ago. I am no expert, but that's my $.02.

Re: Bank of America CC w/ Bad History

Anonymous — Mon, 10 Dec 2012 21:21:49 GMT

I have a question though , did they raise the limit when you changed?.

I have the platinum student for like 3 years and always used it well , never over and late and they always refused to increase.

I havent tryed in a while but Id like to get an increase or just close the card because I refuse to use it anymore like this

Re: Bank of America CC w/ Bad History

Jutz — Mon, 10 Dec 2012 21:23:44 GMT

@Anonymous wrote:
I have a question though , did they raise the limit when you changed?.

I have the platinum student for like 3 years and always used it well , never over and late and they always refused to increase.

I havent tryed in a while but Id like to get an increase or just close the card because I refuse to use it anymore like this

I think the key is to PC it first, because you've probably long outgrown the "Student" portion. I'm sure there's probably a ceiling to that.

Re: Bank of America CC w/ Bad History

Anonymous — Mon, 10 Dec 2012 21:28:26 GMT

does it matter if Im still a student though?

Re: Bank of America CC w/ Bad History

Jutz — Mon, 10 Dec 2012 21:32:35 GMT

I mean, I'm pretty sure the student distinction is just based on a thin file and probably age. It's not like your submit your grades or anything.

Re: Bank of America CC w/ Bad History

jsickz32 — Mon, 10 Dec 2012 21:33:22 GMT

I got my card qith a cl of 1k in 2009. To june of this year that card was at 3k. They gave me cli of 1k every year.