Reply
Contributor
Poozie121
Posts: 119
Registered: ‎06-30-2013
0

Discover IT card

[ Edited ]
Hello everyone! Has anyone been apprOved for the Discover IT card with a chapter 7 showing?
Gardening until 8/10/2014! I love this forum!!!! EX- 687 TU-688 EQ - 680 ...all pulls 12/2013 (myfico)
Ch 7 discharge - 12/11. Discover $6k, DCU $3k, Barclays rewards $3k, Barclays Sallie Mae $3k Sony Visa $2500 Capital One Quicksilver $5 Capital One Venture One $3k, best buy mastercard1000

New Contributor
stormb28
Posts: 104
Registered: ‎12-12-2012
0

Re: Discover IT card

I applied and was promptly shut down. Two CSR's told me explicitly, they won't approve with a BK7 reporting.
Contributor
Poozie121
Posts: 119
Registered: ‎06-30-2013
0

Re: Discover IT card

Thanks stormb28. I won't waste the HP.
Gardening until 8/10/2014! I love this forum!!!! EX- 687 TU-688 EQ - 680 ...all pulls 12/2013 (myfico)
Ch 7 discharge - 12/11. Discover $6k, DCU $3k, Barclays rewards $3k, Barclays Sallie Mae $3k Sony Visa $2500 Capital One Quicksilver $5 Capital One Venture One $3k, best buy mastercard1000

Established Member
trying583
Posts: 15
Registered: ‎03-20-2013
0

Re: Discover IT card

I have read a couple of posts where people with bankruptcy have gotten the card.  I know one is Soulmaster.  The others I can't remember their names.  Hope this helps in your decision.

Contributor
Poozie121
Posts: 119
Registered: ‎06-30-2013
0

Re: Discover IT card

Trying, Thanks !!!!!!!
Gardening until 8/10/2014! I love this forum!!!! EX- 687 TU-688 EQ - 680 ...all pulls 12/2013 (myfico)
Ch 7 discharge - 12/11. Discover $6k, DCU $3k, Barclays rewards $3k, Barclays Sallie Mae $3k Sony Visa $2500 Capital One Quicksilver $5 Capital One Venture One $3k, best buy mastercard1000

Valued Contributor
chasmith
Posts: 1,062
Registered: ‎05-26-2010
0

Re: Discover IT card

I tried after receiving a solicitation and was denied for BK7.  My BK was filed 8/2009 and discharged 12/2009 and did discharge Discover, so YMMV.

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
Take the FICO Fitness Challenge
Regular Contributor
Believe1970
Posts: 148
Registered: ‎11-01-2009
0

Re: Discover IT card

I had a chapter 13 still showing on my report and was approved back in  May 2011 for the More Card. It was only a $1000 limit but it got me in. I finally PC'd to the Discover IT back in May 2013. 


Starting Score 01/01/2010: EQ(607), Trans(590)
Current Score -------------->: EQ(630), Trans(622), EX(634)
Goal Score 06/31/2015--->: EQ(700), Trans(700), EX(700)



Take the FICO Fitness Challenge
Established Contributor
SoulMaster
Posts: 993
Registered: ‎11-08-2011
0

Re: Discover IT card

I was actually approved for the More, not the IT. (Thought it's since been converted to the IT)

 

To get a Disco w/ BK still reporting, you:

  • Cannot have discharged Disco in the BK
  • Must be 1+ year post filing
  • Have perfect history since discharge, and have muliple perfect tradelines
  • No INQ's for the last 6 mo
  • 1-9% Util reporting

Even still, YMMV.  But, I can tell you that the trick is to apply online for the standard $100 cash back offer... the system may offer you something with less favorable terms.  At least, that's how it happened for me (and most of the other people who follow my rebuild plan that let me know their progress).

 

As an add to that, I was myFico EQ 663 when I applied... their approval letter said EQ Fico 633.

 

Good luck either way,

 

-SM

 

I am not an attorney and none of what I write should be construed as legal advice. For legal advice please consult an attorney.

Starting Score: ~470 preBK(8/2010)
Current Scores as of 3/15/14 All 700+. Last CR pull from a lender(housing) was mid-score 729.
Goal Score: 700+ - reached.
Contributor
Poozie121
Posts: 119
Registered: ‎06-30-2013
0

Re: Discover IT card

Thanks SM! That is exactly what I was wanting to know.....
Gardening until 8/10/2014! I love this forum!!!! EX- 687 TU-688 EQ - 680 ...all pulls 12/2013 (myfico)
Ch 7 discharge - 12/11. Discover $6k, DCU $3k, Barclays rewards $3k, Barclays Sallie Mae $3k Sony Visa $2500 Capital One Quicksilver $5 Capital One Venture One $3k, best buy mastercard1000


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}