topic Re: BOA 30 day late question in Rebuilding Your Credit

BOA 30 day late question

Anonymous — Sun, 08 Jan 2012 17:34:43 GMT

Greetings all. First post but have been an avid follower for years. BOA just hit me with a 31-60 day update on my CR. Score took a major hit. Dropped 40 pts. This was a complete oversight on my part. Is there any advice on a GW letter or call that I should make to see if the would delete the derog or update the payment status? So bummed. Any help would be great. Happy New Year!!

Re: BOA 30 day late question

Anonymous — Sun, 08 Jan 2012 17:40:19 GMT

Have you tried calling? If it's a new mistake, not too late, and the account is in good standing they may do a one time adjustment.

Re: BOA 30 day late question

Anonymous — Sun, 08 Jan 2012 17:44:19 GMT

I will call them tomorrow. It just hit the CR today. I checked the account and it just went 30 days past dude on the 4th. Account had been in good standing with no derogs. Fingers crossed and thanks for the feednback.

Re: BOA 30 day late question

Anonymous — Sun, 08 Jan 2012 17:53:12 GMT

I basically put due and closing dates on a calendar. This lets me keep on time, control over balances reporting. I worry about the effect of utilization and tend to pay before closing dates.

My Chase, Citi, and USAA cards have a feature that sends account alerts. Possibly BoA offers this.

Re: BOA 30 day late question

Anonymous — Sun, 08 Jan 2012 17:55:12 GMT

Great point. I will set up alerts with BOA so this never happens again. Still freaking out .

Re: BOA 30 day late question

Revelate — Sun, 08 Jan 2012 17:58:47 GMT

@Anonymous wrote:
I basically put due and closing dates on a calendar. This lets me keep on time, control over balances reporting. I worry about the effect of utilization and tend to pay before closing dates.

My Chase, Citi, and USAA cards have a feature that sends account alerts. Possibly BoA offers this.

i don't think so in the default online interface for BofA cards at least; they'll send you an online statement, but a warning that you have X days to pay this before being late, nope. Maybe they added it recently?

Personally I just did similar to you, and dropped a repeating entry on Google calendar, with email notification 3 days before due date. Seems to work pretty well so far.

Re: BOA 30 day late question

Anonymous — Sun, 08 Jan 2012 18:03:57 GMT

Great advice. I am on their site right now setting up email alerts. Will advise how things go.

Re: BOA 30 day late question

pizzadude — Sun, 08 Jan 2012 21:47:19 GMT

Good luck ! BoA is notorious for not accepting GW, but since it was a one~time slip up maybe they will this time. Let us know what happens !

Re: BOA 30 day late question

Anonymous — Sun, 08 Jan 2012 20:41:13 GMT

Roger that Pizzadude. I will post tomorrow after I speak with them.

Re: BOA 30 day late question

Anonymous — Tue, 10 Jan 2012 21:50:46 GMT

Ok. Quick update. Called BOA and got the run around. Trying again. Does anyone have the email address to send a GW letter to BOA? Thanks for all of the help guys!!

Re: BOA 30 day late question

pizzadude — Tue, 10 Jan 2012 22:18:45 GMT

You could start with the address that shows on your credit report, hopefully other people have names or emails of contacts.....

Re: BOA 30 day late question

Revelate — Wed, 11 Jan 2012 03:57:13 GMT

If someone has an email or regular mail address for a BOA GW contact, I'd be interested in receiving a PM with it as well and would much appreciate it.

It's not a recent slip-up in my case, and I think my old late falls off from a scoring perspective in another six months anyway, but I'm thinking it wouldn't hurt to try anyway.