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BOFA GRADUATION!!

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Anonymous
Not applicable

Re: BOFA GRADUATION!!

Wonder if they will EVER agree to graduate my $2K secured card??

 

Any strategies for this?

 

Thanks!!

Message 21 of 24
Newbie2018
Frequent Contributor

Re: BOFA GRADUATION!!

How log have you had it? What's your payment history like with that card and others? Utilization etc?
Message 22 of 24
Anonymous
Not applicable

Re: BOFA GRADUATION!!

Fist $39 AF issued on 2/28/17.  So, I'm 4 days away from a full year.

 

Deposit of $2K.

 

Current Utilization=1%.  Was at about 98% in October and November.

 

Total Utilization <1%.

 

EX 659, EQ 696, TU 729.

Message 23 of 24
Newbie2018
Frequent Contributor

Re: BOFA GRADUATION!!

If you have never missed a payment and have low utilzation for your other credit cards then you could ask to graduate. It is a hard pull to Experian. Or you could wait til next month and see if they graduate you automatically. They do look at your history with other creditors. For a while I kept getting denied graduation because my utilzation for another card was super high. To be honest the only reason I got this lucky is because I asked for reconsideration and told her to pull my new report rather then the one they had from less than 30 days ago.
Message 24 of 24
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