Please give me some direction, and hope!

[Lawlover2]

https://preapproved.bankofamerica.com/cc/SelfInquiry.aspx

I did some searches on the CC forum and found this - it says I wasn't preapproved but I could try for their $1 for $1 secured card. 

Oh, and everytime I mention or request PFD - I get the same crap about how it is illegal them to do that b/c they would be incorrectly reporting . . . I have heard it so many times I could repeat it for you!

Oh, and thanks for your help. 

By the way, how to agencies score creditors - BOA v Orchard Bank - is it more beneficial to ahve unseucred w/ higher limit from Orchard or secured from BoA?  Just curious as to you opinion - you seem pretty good at this!

[SmartCookie]

Hoping you only did the pre-approval soft INQ with BoA to "see what you might be approved for". 

Do not apply for the secured card that you will get if you did that method.

Go right to the Platinum application without checking what you can be approved for... apply for the Platinum card... and you should get declined and get the offer for the 99/500 (partially secured)card.  There is no direct offer for this card, just this counter offer.  Applying is a hard INQ just to let you know.  I don't feel that should hold you back as you need a card now, hopefully this one.

[SmartCookie]

Phew you only did the pre-approval!!!   

[Lawlover2]

Probably not good

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[SmartCookie]

Ummm... odd... you did not get an instant denial.  I will laugh myself off the chair if it turns out you wind up with a Plat card!!! 

Don't worry... the counter offer is not always instant but can also be mailed.  So, hopefully in a few weeks you will either have a Plat Plus card or the 99/500! 

Call them in a few days... maybe they will have the status.

[Lawlover2]

I will honestly fall out of my chair - my credit scores SUCK!  Although, I previously got an AmEx last year and paid it on time every month (most recent card I had) but they took it away in May  I think my credit scores must have went down . . . I hope I get something for the INQ on my CR - This is all so frustrating.  You suggest I wait a few days and call?  Do they ususally instantly deny if they are going to instantly deny?  I'm new at this!  Thanks thanks thanks!  I feel like I am playing the lottery!

[SmartCookie]

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Lawlover2 wrote:

I will honestly fall out of my chair - my credit scores SUCK!  Although, I previously got an AmEx last year and paid it on time every month (most recent card I had) but they took it away in May  I think my credit scores must have went down . . . I hope I get something for the INQ on my CR - This is all so frustrating.  You suggest I wait a few days and call?  Do they ususally instantly deny if they are going to instantly deny?  I'm new at this!  Thanks thanks thanks!  I feel like I am playing the lottery!

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Quickly regarding my opinion on Orchard vs etc...  there are a lot of good opinions on how to rebuild CCs but mine is to save that hard INQ for the better other card and/or credit limit with card or other card that you will be able to get in as little as a month from now with agressive CBR clean up.  I believe the BoA partially secured card does not report as a secured card, which is good.  Yes all things equal  a large CL on a subprime would be better than a small on a secured.  It's intricate.

I would call BoA in a few days because I'd be dwelling on it too and it would be nice to know ASAP so you know what to anticipate.

Oooooooh defaulted AMEX?  PLEASE search the board for the 3 AMEX OASIS numbers to call to find out if you are in the program.  I had an old account and it turns out I was eligible for the program... I am getting a new AMEX (Oasis) Optima with a CL of half of the debt that I had to pay in full to them.  The card is guaranteed and has no hard INQ... and also has the original date of my old defaulted card.  If you are in the program... treat this new card like gold.  If they tell you that you are not... I would not try to pay the debt until it goes into the program personally. 

[Lawlover2]

I didn't default on it, in fact it had a zero balance on it.  They just took it away - a letter about my credit?  I didn't know what to do - I called and they said there was nothing I could do.  And I was so mad, I paid it on time every month!  Should I still call?

[SmartCookie]

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Lawlover2 wrote:

I didn't default on it, in fact it had a zero balance on it.  They just took it away - a letter about my credit?  I didn't know what to do - I called and they said there was nothing I could do.  And I was so mad, I paid it on time every month!  Should I still call?

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Crummy of them... Universal Default or an unresponded to account review.  I wouldn't call as a priority... the program is only for people who owe $$.  What I would do is see if they will open that account back up without re-applying once you have done some clean-up.  

[Lawlover2]

I am actually on the phone w/ them right now - it was a credit score decrease in June.  Which is odd b/c I had a lower score when I got this, by far, than I do now?  Guy on the phone is checking w/ sales department to see what he can do . . . keep your fingers crossed.  I would be so happy to have my AmEx back