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Established Member
Posts: 27
Registered: ‎05-08-2015
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Re: Bankruptcy Friendly Credit Cards Pt.2

[ Edited ]

My ch7 discharged in April 2014.

Aug- secured card, merrick, $200 (wish I'd done research & picked one that would graduate..Oh well)

Sept-quicksilver one $500. Just got cli to $1500 today. I burned them in my bk and was surprised they have been so forgiving. I even missed a payment on this card a few months after opening (I've since setup auto pay) and they reversed the fee and didn't report it.

 

October - was denied care credit

 

January - denied care credit again, approved for genesis through my dentist for $300

April - barclay rewards $1300

 

May - capital one platinum $2000

My scores are currently 633/635/655. 

Community Leader
Senior Contributor
Posts: 5,603
Registered: ‎07-12-2012

Re: Bankruptcy Friendly Credit Cards Pt.2

5/17/15 update included DCU info 

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
735 EQ FICO 09/2017
744 TU FICO 09/2017
737 EX FICO 09/2017
$20k NFCU Platinum | $25k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE
Frequent Contributor
Posts: 379
Registered: ‎06-17-2014
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Re: Bankruptcy Friendly Credit Cards Pt.2

Great list Scupra! Very helpful indeed.

Venture $20k | Quicksilver $15k | J.Crew $19k | Discover It $18.9k | NICU Rewards MC $11k | Wally World $10k | Commence $10.5k | Citi Costco $9k | Chase Sapphire Reserve $10k | Nordstrom $7k | Sportman's Guide $6.5k | Barclay Apple $3.4k | Best Buy MC $2.2k | Merrick Bank Visa (formerly Hooters) $2k |
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Posts: 5,603
Registered: ‎07-12-2012
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Re: Bankruptcy Friendly Credit Cards Pt.2


04Cobra wrote:

Great list Scupra! Very helpful indeed.


Thanks Cobra! Glad I could help 

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
735 EQ FICO 09/2017
744 TU FICO 09/2017
737 EX FICO 09/2017
$20k NFCU Platinum | $25k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE
Frequent Contributor
Posts: 414
Registered: ‎08-07-2012
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Re: Bankruptcy Friendly Credit Cards Pt.2

[ Edited ]

Scupra, might want to add that for people in the Chicago-area that BCU will grant a secured credit card after bankruptcy. If you make on time payments and add money to the account, after about a year you can open an unsecured line. I recently got a $1000 line 13 months after filing (vs discharge date.)



Valued Member
Posts: 47
Registered: ‎12-06-2014
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Re: Bankruptcy Friendly Credit Cards Pt.2

[ Edited ]

My experiance

 

filed bk 7. With DH in August 2014

was discharged December 2014

first credit apps were to capital one I was approved for the quicksilver as well as the platinum cards both with low credit limits of $300 both unsecured.

i applied for Barclays at the same time denied.

so I waited and used my cap1 cards religiously for 5 months paid on time every month and paid the cards in full every month. Sometimes charging the cards to almost max a couple of times a month and paying them off within a few days.

 

this past weekend I paid my balance off on both cards which was around $290 and $295 

sunday once the payment credited to my account I applied for a credit limit increase. I received  an increase on both cards for $500 each. Now I have an $800 on each card.

 

monday I received $500 approval from finger hut. 

Today I had an app spree to try and improve my profil since I'm sitting at 6 months post bk.

i was approved for $1500 credit for Jarred's 

700 Walmart store which I will use frequently for groceries and gas and pay off monthly 

1400 Amazon store card

400 lowes card

 

i got declined for Barclays I called recon and they said it was because my capital 1 card payment had not updated on my credit for this month so they are showing 97% utilization. I will apply to them around December if I want their card at that time.

best buy I was denied

tiresplus denied due to bk

paypal credit denied.

i will now be gardening  my new cards until the end of the year and see where I stand with my credit score then. All three scores are low 600's

Chapter 7 Bk discharged 12/14 /Capital One QS1$1300/Capital One QS$1300/Jarred's$1500/Walmart$6000/Lowe's$12000/Amazons$5000Old Navy $5000/Banana Republic $5000/TJ Max $300David's Bridal $1550Gap $5000/SAMs CLub $7000/Gander Mountain $500/Merrick Visa $700/Ebates MC $7000/PP MC $4500/JC Penny $5000/Men's WH $1000/ BP VISA $3500/I have the following scores per credit Applications/Target Equifax 630/transunion Barclays letter 709/Experian per NASA 654.Not to bad because 6 months ago I was in the 500's
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Posts: 5,603
Registered: ‎07-12-2012
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Re: Bankruptcy Friendly Credit Cards Pt.2


Taoron wrote:

Scupra, might want to add that for people in the Chicago-area that BCU will grant a secured credit card after bankruptcy. If you make on time payments and add money to the account, after about a year you can open an unsecured line. I recently got a $1000 line 13 months after filing (vs discharge date.)


Will they approve a secured card directly out of BK? Thanks!

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
735 EQ FICO 09/2017
744 TU FICO 09/2017
737 EX FICO 09/2017
$20k NFCU Platinum | $25k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE
Frequent Contributor
Posts: 414
Registered: ‎08-07-2012
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Re: Bankruptcy Friendly Credit Cards Pt.2

[ Edited ]

Yes, they will.  My BK was discharged in July, and then that same month, I applied for BCU account and secured card.  I was approved for an account and secured card.   It was at the end if July I applied and I actually got the card on August 2nd in the mail.  Note, they won't provide unsecured cards until you show rebuild.



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Senior Contributor
Posts: 5,603
Registered: ‎07-12-2012
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Re: Bankruptcy Friendly Credit Cards Pt.2


Taoron wrote:

Yes, they will.  My BK was discharged in July, and then that same month, I applied for BCU account and secured card.  I was approved for an account and secured card.   It was at the end if July I applied and I actually got the card on August 2nd in the mail.  Note, they won't provide unsecured cards until you show rebuild.


Were you able to get a time period after BK and rebuild they prefer for unsecured? Thanks!

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
735 EQ FICO 09/2017
744 TU FICO 09/2017
737 EX FICO 09/2017
$20k NFCU Platinum | $25k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE
Frequent Contributor
Posts: 414
Registered: ‎08-07-2012
0 Kudos

Re: Bankruptcy Friendly Credit Cards Pt.2

[ Edited ]

They said you usually graduate to a full, unsecured card in about 6 months. 

 

{Mod cut. I'm sorry but that link leads to other sites that are not allowed to be posted here.

 



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