BoA CLI noob question UPDATE APPROVED 9/11

[Meanmchine]

Hi all

I opened my BankAmericard on 6/8/2018.  For the last few days, the request cli link has appeared.  Ive heard that BoA is now doing SP increases but when I click the link, I get this message

"By clicking the "Submit" button, you authorize us to obtain a copy of your credit report and review your credit and employment histories and any other information that allows us to process your request, service your account and manage our relationship with you. Upon request, we will inform you of the name and address of any consumer reporting agency that provided reports to us."

This doesnt sound like sp language to me. Is this the normal disclosure everyone gets?

Thanks

[Brian_Earl_Spilner]

The reports gained from a HP and a SP are basically the same. The only real difference is the HP is usually a record of a consumer initiated request for credit. BofA is SP now, but they're still pulling your credit.

[Meanmchine]

Thanks Brian

Who does BoA pull for CLIs so I can unfreeze it

[Anonymous]

Several of the SP Prequal sites have similar language, although they also say "this will not affect your credit score," tipping off a SP vs. HP. 

I don't know firsthand with BoA but various DPs suggest it's safe to proceed. If it was me, I'd probably wait to first hear from someone who has seen that screen and proceeded unscathed. 

[Medic981]

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@Meanmchine wrote:

Thanks Brian

Who does BoA pull for CLIs so I can unfreeze it

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As you have a relationship with BoA you will not need to unfreeze your bureaus for them to access your files.

[JR_TX]

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@Meanmchine wrote:

Thanks Brian

Who does BoA pull for CLIs so I can unfreeze it

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BoA “mostly” use TU for SP CLIs.

[Meanmchine]

Bit the bullet and watched the wheel spin.

7-10 day notice

Kiss of death?

[Loquat]

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@Meanmchine wrote:

Bit the bullit and watched the wheel spin.

7-10 day notice

Kiss of death?

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Usually.    Sorry OP.

[FinStar]

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@Loquat wrote:

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@Meanmchine wrote:

Bit the bullit and watched the wheel spin.

7-10 day notice

Kiss of death?

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Usually.    Sorry OP.

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+1

Generally, yes.  However, there are situations in which it may not be (additional revew required).  If your CL doesn't change within a few days, then it's declined.

[imaximous]

Did you unfreeze your TU? If you didn’t, that could be a reason for the message. Even though it’s a SP, they still require that you remove the freeze. It happened to me. Then I got approved after unfreezing and calling in.
Another reason could be length of account being open. 3 months may be a little too soon but ymmv on this. One of my accounts was opened just over 4 months ago and not elegible for CLI yet.