My Bank of America credit card is up for renewal in a few months. I went bankrupt just over a year ago. I did not include this credit card in my bankruptcy (0.00 balance). I have never been late in 6 years and haven't gone over my limit in 2 years. I always pay off my balance and therefore haven't accrued interest in 24 months. I have zero delinquencies on my credit report. Will Bank of America decline my renewal with a FICO score of 650-680? If so, should I cancel my card as opposed to Bank of America revoking it?
2006-08-19 15:06:40 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
I don't know if they will close the account, but they do have the right to raise the interest rate. Your FICO score isn't that bad, and if you're a good customer, they shouldn't want to clsoe it.
2006-08-19 15:11:31 · answer #1 · answered by what the heck? 3 · 0⤊ 0⤋
Bank of america will do anything to make more money so they will just charge you a higher interest rate. I know, use to work for them :(
2006-08-19 15:12:32 · answer #2 · answered by ray56_32223 2 · 0⤊ 0⤋
THEY SHOULD PICK UP ON THE BANKRUPTSY
2006-08-19 15:11:45 · answer #3 · answered by Penney S 6 · 0⤊ 0⤋