Re: Discover Bankruptcy Approval!!

Agent_Alex · ‎11-02-2016

Hey everyone!

First time on here. I got my bankruptcy discharge middle of august. Applied for capital one card and was denied. Applied for a CreditOne card to start rebuilding and was approved for $300. Started using that for 2 months along with an Overstock store card which I was approved for $250. Paid both of them off both billing cycles. Here we are, 3 months after bankruptcy and I just got approved for a Discover It card with an $1800 credit limit!! Knowing this time will be different is the greatest feeling in the world! Credit scores in the beginning were around 600. Credit score with Discover approval was around 615-620

Discover IT Miles ($4,700); Discover IT ($4,300); Apple Card ($4,000); Bestbuy Visa ($2,900); Capital One QS1 ($750); CreditOne Visa ($1,450); Caesars Rewards Visa ($1,000); B&H Photo ($250); CreditOne MC ($1,100); Walmart ($2,500); Kohls ($700); Genesis Raymour & Flanigan ($4,000); Venmo Visa Card ($250); PayPal Visa ($1,000); Target ($2,300)

Anonymous · ‎11-02-2016

Congrats!!!!

Scupra · ‎11-02-2016

Wow, that is an amazing approval for only 3 months post d/c! Congrats to you!

Anonymous · ‎11-02-2016

I'm surprised Cap1 turned you down but Credit1 said yes. Sometimes its either both yay or credit1 nay and cap1 yay. That is awesome!! Discover is pretty badazz from what I've learned thus far.

Creditwiser · ‎11-02-2016

Wow, nice work getting in with Discover . Has Discover relaxed their underwritting cause 3 months post Disch is awesome. Congrats on getting in!

Scupra · ‎11-03-2016

@Creditwiser wrote:
Wow, nice work getting in with Discover . Has Discover relaxed their underwritting cause 3 months post Disch is awesome. Congrats on getting in!

That is what it seems like lately with some of the approvals. I feel like Discover is always a hit or miss though haha

daveg38 · ‎11-04-2016

@OP, can you give us other data points like how many INQ's you had at the time of app, stated income, time of day you applied, ANYTHING?

I'm right around 6 months d/c and have a QS1, Cabelas, CreditOne and several store cards - oh, and an unsecured personal loan ($1500). No missed payments, median score of 620.

Couldn't bribe my way into the graces of Discover, and never have in my 43 years on earth. That must change.

Ch7 Discharge: 5/14/2016 | Target RedCard $900 | Merrick DYL $500

Agent_Alex · ‎11-04-2016

Around 25 inquiries -_-
$65k for income
Applied around 3:30pm
I had a discover card about 4 years ago but I cancelled it after a year or so. I didn't burn them in the Bankruptcy. CapitalOne on the other hand, I burned for about $14k.... so they will probably never take me back.

Discover IT Miles ($4,700); Discover IT ($4,300); Apple Card ($4,000); Bestbuy Visa ($2,900); Capital One QS1 ($750); CreditOne Visa ($1,450); Caesars Rewards Visa ($1,000); B&H Photo ($250); CreditOne MC ($1,100); Walmart ($2,500); Kohls ($700); Genesis Raymour & Flanigan ($4,000); Venmo Visa Card ($250); PayPal Visa ($1,000); Target ($2,300)

daveg38 · ‎11-04-2016

Wow. I'm both wholeheartedly jealous and very happy for you.

I'm at 23 inqs

$119k income.

My CreditOne sits double yours, my Overstock at 8x yours. Yes I couldn't pay Discover to approve me.

So through logical deduction, I've come to the assertion that a BK doesn't matter so long as Discover wasn't included AND you had a previous positive relationship with Discover.

Since I've never had a relationship with Discover, and have a BK, I believe I'm rolling the dice like everyone else.

Ch7 Discharge: 5/14/2016 | Target RedCard $900 | Merrick DYL $500

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