BoA to stop HPs for CLI’s

[Thatficotho]

This starts Monday, according to DoC. This is true for Credit Line Increases & Cash Advance Increases

See: https://www.doctorofcredit.com/bank-of-america-to-stop-hard-pulling-for-credit-limit-increases/

[coldfusion]

Doctor of Credit is reporting that as of next Monday BoA will stop making HPs in response to requests for cash advance and credit limit increases. 

https://www.doctorofcredit.com/bank-of-america-to-stop-hard-pulling-for-credit-limit-increases/

I'll probably put this to the test and request a smallish CLI on my BBR on Monday,  as I'm eligible to request one. 

(I expect a denial but I'll request anyway.)

[Anonymous]

Well this is great news. I won’t mentioned my past HPs for CLI. Oh wait, I just did. Lol.

[Anonymous]

Nice!!! I hope others follow.

Now, if they could stop doing HPs for new applications 

[Anonymous]

Thanks for sharing! This is good news for a lot of our members! 

[QuakerOatmeal]

Very exciting! Just coming up on 6 months now on one of my accounts!

[Adkins]

I hope K's not paying attention to this thread...

[K-in-Boston]

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@Adkins wrote:

I hope K's not paying attention to this thread...

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Argh!!!!  Just did one at the end of April.  Still don't think they'll let me get past $99,900, though.  At least now I know it won't hurt to ask and hopefully I'll avoid another HP when I combine my Cash Rewards into my Travel Rewards at some point this summer.  Of my 15 TU inquiries in the past 2 years, 7 are Bank of America CLI requests.  (Also have pair of EX pulls from them in the past 2 years.)

[Peteyglad]

I just took a HP a few weeks ago for a CLI. Maybe I can get them to take it back? LOL. On the bright side it was an increase of 20k so it may have been worth it. 

[K-in-Boston]

@Peteyglad haha not happening.  Congrats on your CLI, though.  I had a really good run the past 17 months; unfortunately this last time resulted in me getting a $5600 CLI on one card, then a request for a CLI on a 2nd card went pending and they gave me $4400... but they took $10k from the previous card to do it... putting me right back at $100 shy.