Rt.66, I’m suprised it’s taken BofA since 1991 to piss you off, I’ve left them angry a few times in my life. I didn’t return on purpose, it just seemed that over the decades they would buy the bank I switched to and there I am again, too lazy to switch until they piss me off again.
I thought I was free by switching all my business to credit unions and online banks years ago but low and behold I got a letter in the mail recently informing me that BofA bought my mortgage, hooooraaaay!!! There’s not a damn thing I can do about it either, great.
Not sure if this means anything but after reading some of these posts I decided to check my available credit for the card I use the most. Like many others, i use it alot because I like the flymiles and then pay it off each month (I’m a freebie junkie). It hasn’t changed, yet, but it’s at a credit union. It’s also curiously matches (within a few hundred)the amount of a money market account that it is tied to for overdraft and that i transfer funds from to pay it off. It has a zero balance now but if I were to max it out, it matches the deposit account, I wonder if I moved 5k out of that deposit account to another institution if they would lower my available credit by the same amount? Maybe, maybe not, but it is supicious that the amount of risk they are taking is the same as the collateral I am providing. I guess it is smart on their part, but is that really “credit.” It could also be a coincidence.
I never get those cash advance checks in the mail anymore and seem to get less credit card offers. I get a hell of a lot less “refi and consolodate your bills” offers in the mail. I think there is a change afoot, there is less credit available, the tightening is real. If it has touched piggies, even mildly, with how conservative we are fiscally, I’d imagine it’s really hitting the loosey goosey spenders out there.
