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Bofa visa dig reports as a cfa?

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slg
New Contributor

Bofa visa dig reports as a cfa?

My new bofa travel rewards visa sig is reporting as a consumer finance account on eq, is this right? I've read in some cases this hurts your score and looks bad however in my case I got a 5 point bump. Anyone know if its supposed to report like this?
BCE 12800, bofa travel rewards 8k, Barclays apple 6200, Macy's 2000, Macy's Amex 3200, merrick bank 300 , Victoria secret 1350, jcrew 1350
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thom02099
Valued Contributor

Re: Bofa visa dig reports as a cfa?


@slg wrote:
My new bofa travel rewards visa sig is reporting as a consumer finance account on eq, is this right? I've read in some cases this hurts your score and looks bad however in my case I got a 5 point bump. Anyone know if its supposed to report like this?

They generally report as "credit card" or "flexible spending card".  Might want to call and ask them about this.

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HiLine
Blogger

Re: Bofa visa dig reports as a cfa?

That doesn't sound right. +1 to calling BofA to straighten it out.

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lg8302ch
Senior Contributor

Re: Bofa visa dig reports as a cfa?

can you pls post the result? I am about to pc over my oldest account and losing that card in the AAoA would be drastic....thks
Message 4 of 5
slg
New Contributor

Re: Bofa visa dig reports as a cfa?

Yes, I plan on calling Monday. I'll update then Smiley Happy
BCE 12800, bofa travel rewards 8k, Barclays apple 6200, Macy's 2000, Macy's Amex 3200, merrick bank 300 , Victoria secret 1350, jcrew 1350
Message 5 of 5
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