credit score

[David Smith]

If i wanted to request a goodwill late removal from BOA, who would be the best one to contact and what would be the best way?
(Specifically, would it be best to email brian.t.moynihan@bankofamerica.com, to email thong.nguyen@bankofamerica.com, (to call (704) 386-5681, although calling usually isn't a real option), to send a letter to the executive offices at 100 North Tryon Street, Charlotte, NC 28255, or none of the above?) Thanks.

[Mendelssohn]

Welcome to DDF 50 active is just getting started

Yeah, that's not a lot. 100+ is also not as uncommon as people might think, and I'm talking primary open cards only.

[Mendelssohn]

If i wanted to request a goodwill late removal from BOA, who would be the best one to contact and what would be the best way?
(Specifically, would it be best to email brian.t.moynihan@bankofamerica.com, to email thong.nguyen@bankofamerica.com, (to call (704) 386-5681, although calling usually isn't a real option), to send a letter to the executive offices at 100 North Tryon Street, Charlotte, NC 28255, or none of the above?) Thanks.

Try email first.

[David Smith]

Try email first.

Thanks! I should email Brian? (That's what the success stories on Google were. CB search isn't too effective.)

[Mendelssohn]

is chase not considering fico's?

They do use FICOs, but can approve without considering them.

[Luvtotravel]

Not trying to rub it in, but NEVER let anyone use your name unless it's family and you get the money either upfront for 6 months at a time or upfront a few months. Also, you should be making those payments from your account.

Just to let it go and hope for a friend/whoever to remember is a no no.

How old are the lates?

over a year. i was just trying to do a favor for a friend and no the payments did not come out of my account

[PillanSmye]

They do use FICOs, but can approve without considering them.

If anything, Chase disregards FICO more than most lenders and goes on how they "feel" about your profile.

[meme]

Is spending/CL ratio effect on score calculated per account or per total CL?

[Mendelssohn]

Is spending/CL ratio effect on score calculated per account or per total CL?

For utilization, FICO counts:

1. Overall utilization
2. Individual utilization
3. Number of cards reporting a balance

[meme]

For utilization, FICO counts:

1. Overall utilization
2. Individual utilization
3. Number of cards reporting a balance

I'm assuming individual utilization has less of an effect than overall, correct?

[Mendelssohn]

I'm assuming individual utilization has less of an effect than overall, correct?

Not necessarily. If you max out a card but overall utilization is still good, your scores will still suffer.  Any card 90%+ will tank your scores.

You need to keep track of all these things.

[meme]

Not necessarily. If you max out a card but overall utilization is still good, your scores will still suffer.  Any card 90%+ will tank your scores.

You need to keep track of all these things.

Works with statement balance?

[Mendelssohn]

Works with statement balance?

Yes, in most cases.

Some issuers report at dates different than the statement date.

[meme]

Yes, in most cases.

Some issuers report at dates different than the statement date.

How about chase and amex?

[Mendelssohn]

How about chase and amex?

Statement date, although Chase will update to $0 if you PIF mid cycle.

[meme]

Statement date, although Chase will update to $0 if you PIF mid cycle.

Mid cycle meaning before due date?

[David Smith]

Mid cycle meaning before due date?

Before statement closes.

[meme]

Statement date, although Chase will update to $0 if you PIF mid cycle.

Before  statement closes

@davidsmith, you are disagreeing with his "although"?

[David Smith]

@davidsmith, you are disagreeing with his "although"?

No, I'm explaining it. Let's say last month i let my last statement close with $2500. Today i have a $1000 balance, and my current statement closes on December 10. If i pay off that $1000 now, chase will report to the CBA as soon as payment posts a balance of $0. Most companies won't report anything until the  statement closes, so until then your balance will be reported as last statements balance of $2500.

[meme]

No, I'm explaining it. Let's say last month i let my last statement close with $2500. Today i have a $1000 balance, and my current statement closes on December 10. If i pay off that $1000 now, chase will report to the CBA as soon as payment posts a balance of $0. Most companies won't report anything until the  statement closes, so until then your balance will be reported as last statements balance of $2500.

I see. But $0 balance will only be updated going forward from that date, correct?