BofA approval

Discussion in 'Credit Talk' started by Ann, Apr 5, 2001.

  1. Ann

    Ann Guest

    I just applied for the BofA card, for awhile the screen kept sayiing still processing, then after the third time of this it said application was pending and to check back in 24 hours. Fico score high 600's.

    Is this a nice way of telling me I have denied?? Has anyone received instant approval ot instant denial? Or received this message and then got card/denial??

    Sorry I just hate waiting:(
  2. NanaC

    NanaC Well-Known Member

    Ah, Ann, how frustrating. I don't have any experience but I'll keep thinking good thoughts for you!
  3. Ann

    Ann Guest

    Re: BofA approval denied:(

    They pulled Equifax best report 680. Their reasons were 1.high balance/limit utilization I am at around 50%
    3.inquires in past 5 months?? I have ONE
    4. age of accounts (oldest is almost 2 years)

    So I take it this bank is pretty tough. oh well
  4. NanaC

    NanaC Well-Known Member

    Re: BofA approval denied:(

    I'm so sorry!
  5. curious

    curious Well-Known Member

    Re: BofA approval denied:(

    I applied for the card, that happened to me, but I checked back and was approved. I have a checking account with them too. The customer service rep said that you get that message when there are variables that the computer can't decide on or if the computer glitches. He said that the only thing it means is that your application will be reviewed by a live, credit analyst.

    Good luck.

    I had NO CREDIT and got approved.
  6. Ron

    Ron Well-Known Member

    Re: BofA approval denied:(

    I had the similar situation.I applied for BofA 9.9% fixed rate Visa card and it didn't give me instant decision. It told me need futher processing and notify me in email. After 2 days they notify me I was approved for BofA Plat card with $6300 credit limit. In your case, it didn't mean that you got denied and they need to verify something with you like first card with them like address, employment etc.

  7. Ann

    Ann Guest


    Thanks all, but I was denied, I checked back after about a half hour and got the lovely denial.
  8. Momof3

    Momof3 Well-Known Member

    Re: denied

    Sorry don't let it get you down. Banks are so unpredictable, while some may have similiar credit histories one may be approved and another denied.

    Just remember JC Penney's denied me for a lousy increase, then 2 weeks later I was approved for Amex green card, go figure.
  9. Ron

    Ron Well-Known Member

    Re: denied

    Sorry to hear that.

  10. Shantel

    Shantel Well-Known Member

    Re: denied

    I got denied too....we are in the same boat!
  11. Newcomer

    Newcomer Well-Known Member

    Re: denied

    I just got approved for the Citibank Aadvantage card after being denied by Chase and being offered a secured card by NextCard. Everything is such a crapshoot, so don't feel bad:)
  12. Cadillac408

    Cadillac408 Well-Known Member

    It's O.k.!

    BofA is a crap bank in my opinion. I banked there for almost 10 years and even when I had excellent credit, they still denied. I've also heard that if you don't have any accounts with them, it's even HARDER to get approved.
  13. Shantel

    Shantel Well-Known Member

    Re: It's O.k.!

    That's what I heard too MP. Guess they were right. In any case, that's fine with me. The jury is still out on Wachovia (my bank) and Discover Plat. Fingers crossed!
  14. R1

    R1 Guest

    Fine print... collateral

    When you have an account with them, their card agreement allows for direct withdrawal from these accounts to pay for any debt. So your deposit in savings account becomes a collateral, sometimes without user's knowledge.

    That's why it's harder... read the fine prints.
  15. dogman

    dogman Well-Known Member


    Mom - that still was hilarious - flea bitten Penneys won't give a lousy increase. AMEX invites you to join Green Card membership.

    AMEX doesn't have a big catalog though :) :)
    However, the Membership Rewards catalog is quite stunning.

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