Credit Card Center Advertiser Disclosure†
10-02-2012 02:45 PM
I am a new member of this Forum. Just today I received a discharge after filing Chapter 7.
I'd like to start rebuilding my credit ASAP. First step I am planning to do is to apply for Secured Credit card. I saw some posts here advising to open CC at local CU. My problem is that I have a Chex Systems record from back in 2007. Trying to clear that but in the main time, which cards would you recommend? I'd prefer to go with reputable banks. If there are any that are known to approve after Chapter 7 please post them here.
10-02-2012 08:35 PM
Im new hwew as well. Try the capital one preapproval. its all on the boards here. I tried it and was approved for unsecured card with 300 cl. good luck
10-02-2012 08:39 PM
Thank you, I actually just applied for Cap 1 an hour ago. It says application submitted but no answer yet. How long did it take for you to get approval/answer?
10-06-2012 06:03 AM
because of the bankruptcy still pending, I got an email response saying they were reviewing the info.
I received my credit card Wed Oct 3...
my discharge isnt even discharged yet,,, call the 800 number on these boards and check the status,,,
this website and forums are great,, and make sure you contact chex systems and send them the info that you filed bankruptcy.
This site told me to do that and they are removing my chex systems negative records.
10-07-2012 02:58 PM
I was able to get a secured card from PNC Bank. You have to inside the branch and have a checking account with them. I also got one from my credit union.
10-09-2012 04:33 PM
That's great to know! I did not know that Chex would clear you record because of Bankruptcy.
Thank you everyone for input!
10-10-2012 10:02 AM
Amalgamated Bank, Chicago is recommended by the author of a book on recovering from BK. He recommends calling them, not making an online application.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.