Re: what happens to credit cards in foreclosure


Posted by JJ on June 09, 2008 at 06:05:11:


In Reply to: Re: what happens to credit cards in foreclosure
Posted by JJ on June 08, 2008 at 06:44:27:

just got good news from bank of america and from citi bank and they both said they do not follow that rule and usually they will just lower you credit limit but the rate is not affected unless you default with them or another credit card lender. if you defaulted with discover lets says and discover decides to raise your rate. boa will see that and might do the same but in the case of foreclosure this would not happened


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