Re: BofA?

Anonymous · ‎06-26-2016

So Im doing my weekly round of pre-quals, just to see. I just did BofA, and it was the same result as last time. With most of the rest of the cards, including credit one, first premier etc, it will say "we couldn't find a card offer for you, but here's some cards you might try." I know I have an update to FICO coming in the next day or 2, should I risk it? Im thinking Im going to wait until my FICO's actually update, but it's difficult not to hit that apply button when it's staring you in the face.

It looks like Im pre-qualified for

BankAmericard Cash Rewards™ Credit Card 13.24-23.24% APR, no fees.

Does anyone know which FICO BofA uses? Because my bankcard FICO's are decent. 600+ on all 3.

RonM21 · ‎06-26-2016

I'd wait to see exactly where your Fico scores are first. Honestly, the bankcard fico score of 600+ you listed may leave you more likely for a denial, depending on your profile. But, that isn't a Fico 8, so I'd wait and see.

Total CL: $321.7k

UTL: 2%

AAoA: 7.0yrs

Baddies: 0

Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

SOGGIE · ‎06-26-2016

OP If I'm correct I believe they use FICO 08. If I'm not correct, I'm sure others will chime in to correct such.

Life was a lot simpler when what we honored was father and mother, rather than all major credit cards. ~Robert Orben

padme · ‎06-26-2016

try the capitol one site and see if any preqs there

Loquat · ‎06-26-2016

@Anonymous wrote:
So Im doing my weekly round of pre-quals, just to see. I just did BofA, and it was the same result as last time. With most of the rest of the cards, including credit one, first premier etc, it will say "we couldn't find a card offer for you, but here's some cards you might try." I know I have an update to FICO coming in the next day or 2, should I risk it? Im thinking Im going to wait until my FICO's actually update, but it's difficult not to hit that apply button when it's staring you in the face.

It looks like Im pre-qualified for
BankAmericard Cash Rewards™ Credit Card 13.24-23.24% APR, no fees.

Does anyone know which FICO BofA uses? Because my bankcard FICO's are decent. 600+ on all 3.

That's not a true prequal. Bank of America shows that to everyone. You'll know it's a true qualification when the APR range is solid and NOT a wide spread range. Don't want to see you waste a HP on this thinking its a true qualification.

CountryLivin · ‎06-26-2016

@Loquat wrote:
@Anonymous wrote:
So Im doing my weekly round of pre-quals, just to see. I just did BofA, and it was the same result as last time. With most of the rest of the cards, including credit one, first premier etc, it will say "we couldn't find a card offer for you, but here's some cards you might try." I know I have an update to FICO coming in the next day or 2, should I risk it? Im thinking Im going to wait until my FICO's actually update, but it's difficult not to hit that apply button when it's staring you in the face.

It looks like Im pre-qualified for
BankAmericard Cash Rewards™ Credit Card 13.24-23.24% APR, no fees.

Does anyone know which FICO BofA uses? Because my bankcard FICO's are decent. 600+ on all 3.
That's not a true prequal. Bank of America shows that to everyone. You'll know it's a true qualification when the APR range is solid and NOT a wide spread range. Don't want to see you waste a HP on this thinking its a true qualification.

+1

baller4life · ‎06-26-2016

@CountryLivin wrote:
@Loquat wrote:
@Anonymous wrote:
So Im doing my weekly round of pre-quals, just to see. I just did BofA, and it was the same result as last time. With most of the rest of the cards, including credit one, first premier etc, it will say "we couldn't find a card offer for you, but here's some cards you might try." I know I have an update to FICO coming in the next day or 2, should I risk it? Im thinking Im going to wait until my FICO's actually update, but it's difficult not to hit that apply button when it's staring you in the face.

It looks like Im pre-qualified for
BankAmericard Cash Rewards™ Credit Card 13.24-23.24% APR, no fees.

Does anyone know which FICO BofA uses? Because my bankcard FICO's are decent. 600+ on all 3.
That's not a true prequal. Bank of America shows that to everyone. You'll know it's a true qualification when the APR range is solid and NOT a wide spread range. Don't want to see you waste a HP on this thinking its a true qualification.
+1

+2

AverageJoesCredit · ‎06-26-2016

+3 ive noticed this too. Boa prequal seems to just randomly put a card they feel you may be interested in. I place this prequal just behind Discovers for usefulness. Please save your hp . Cheers!