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New Credit During Chpt 13(under 5k)

New Member

New Credit During Chpt 13(under 5k)

So I officially filed for a Chapter 13 and my 341 meeting is on Jan 11th...I was advised by my lawyer that in the state of VA I do "not" need trustee approval to apply for new credit that is under 5k. She said its okay to start looking for secured cards as long as it is under 5k( like I have 5k sitting around lol) so any reccomendations on any secured cards I can apply for? Thank you! Let the rebuild begin!

Btw: NFCU and Cap1 has been burned :-/
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Valued Member

Re: New Credit During Chpt 13(under 5k)

Open Sky Visa has raised my scores over 60 points in the last 30 days. They are easy to get. 

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Community Leader
Super Contributor

Re: New Credit During Chpt 13(under 5k)


AnomalousPrime wrote:
So I officially filed for a Chapter 13 and my 341 meeting is on Jan 11th...I was advised by my lawyer that in the state of VA I do "not" need trustee approval to apply for new credit that is under 5k. She said its okay to start looking for secured cards as long as it is under 5k( like I have 5k sitting around lol) so any reccomendations on any secured cards I can apply for? Thank you! Let the rebuild begin!

Btw: NFCU and Cap1 has been burned :-/

I personally would try for Discover, or another lender more reputable.  Dont go for FP, or Credit One...they are just predatory, and have tons of fees associated with the card. Since you didnt burn BOFA, Discover, Citi....Id would pick one or two of those. 

(BK7 d/c-08/2013/FICO-400's) ~ 07/2017 FICO 08- EQ-669, TU-676, EX-681
Scores being held down by tons of INQ/New acts Smiley Wink
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