07-08-2012 02:33 PM - edited 07-16-2012 06:30 AM
I had posted in the thread asking about what our post BK FICO scores are now. BK 7 filed 9/08 and discharged Jan 2009.
My scores are below: 705 (TU) and 682 (EQ). I mentioned I was trying to get out of the subprime cards, because all the rebuilding I am doing now is through Cap One, Best Buy, Credit One, First Premier (ewww) and Barclays itunes. They are all sub prime except for the Barclays card, I think it might be a prime or semi prime.
So I took the plunge and apped for Chase Freedom (dumb, I know now).
Got denied right away. Called for a recon and spoke to a rep. They pull EQ. The rep said I had to wait a while because of the BK. I asked how long. She said 10 years!
Turns out that my EQ report is not showing any AAoA. It shows zero! It is some sort of software glitch because I never had that issue before and now all the beginning dates of every line of credit, cc and mortgage that I have had for many, many years was shown "backward" so the AAoA reflected as zero in one spot and NaN in another.
Course I didn't know that when I was talking with the Chase rep. so I think that is a huge factor. Then she mentioned the $15k that I BK'ed on Chase in 2008. So it looks like I am in subprime territory for a while because I had Chase, BOA and some other prime cards at the time.
Has anyone else had a Chase card after including Chase in their BK? And if so, how long was it before approved you?
Mods: this might need to be moved to the rebuilding forum. Thanks.
BUMP! Looking for anyone that has received a Chase card after their BK...please give your experience and how long since you were discharged (and if you had included them in your BK). Thanks!
08-02-2012 03:40 PM
I am bumping this as I too would like to know if anyone included Chase in a BK and ever got credit with them again. And if so, how long did it take.
We filed 06/01 and the BK no longer shows on any of the credit reports. I applied for an Amazon Chase card last Fri and received the rejection letter today. The reason given is "delinquency or other degrogatory relationship with our bank".
They pulled Equifax which I had pulled prior to applying and my FICO score is / was 811.
We currently have a Chase card but it was formerly something else and Chase bought them. Never been late on this card so that is not the account they are referring to. And I think it is ironic that they are on the credit report as an account in good standing and part of the reason I have an 811 score but now the don't want to give me credit
08-05-2012 03:59 PM
I claimed Chapter 7 Bankruptcy in May 2002. I never had any relationships directly with Chase, and Chase was not listed on my schedule of creditors. I applied and received a Chase card in June 2004, and was approved for a $5000 limit. I also had a Washington Mutual Visa approved in 2004 with a $5500 limit that Chase eventually took over. Both of these cards were non rewards earning cards. I tried to get a reward card for a few years, and everytime Chase disapproved because of bankruptcy. As soon as the Bankruptcy fell off, I was approved for a CSP in April 2012. When I applied, even though the BK was no longer on my CR (I verified before applying), Chase told me that one of the debts I included in bankruptcy was bought by Chase after the Bankruptcy, and that is why I had to wait 10 years.
08-06-2012 07:51 AM
Thank you penelope10, that is just the kind of info I was looking for....I hope others chime in too with their experiences.
It certainly will save me from an inquiry every year for a Chase account that is not possible until 10 years after discharge!
Congrats on your steller recovery from BK
08-08-2012 08:34 AM
i filed ch7 bk in 8/09 and included several chase accounts. i have not applied with them for any cards post bk because i feared they would blacklist me especially since a couple of those accounts were filed as lawsuits. i am waiting to see who else chimes in also.
08-12-2012 11:45 PM
I included chase in my BK in '04. I had a WAMU card that converted to Chase in '08/09. I've had 2 small CLI on the cards and a product change recently to a Freedom card. My scores are 720ish.
I'm pretty certain they keep a record of your previous accounts more than 10 years and may have an impact on decisions, but don't think it blacklists you 100%
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