Emerging from my recent Ch7 I figured it would be awhile before I could get an CC that was not secured.
I was surprised last night by applying for and getting approved by Cap1 for both a Quicksilver 1 ($2K) and Platinum ($1K).
I haven't had any inquiries, or any credit activity at all for that matter for about the past 3 years. Before that I had an extensive and quite good history.
Now I wonder what I should try for next!!
My score - 533
Income - $44K
That's awesome! Happy New Year!!
I burned Cap 1 & am on the waiting list to get back in. Check out the thread that lists some of the bankruptcy friendly creditors & that will give you an idea of what card to apply for next. But be cautious, even though you haven't had any inquiries in the past 3 years, don't go app crazy. I'm sure a more established member will chime in and let you know that credit building "is a marathon not a sprint"
Good luck on your rebuild!!
Congrats on the Cap 1 as they surprised me on my first cc after BK. I applied as soon as I got my discharge letter with SL $500 with Quicksilver. I was elated. Two months later I tried the Venture 1 and Platinum and I was shocked at the 10k SL from Ven1. They gave me $3k SL on the Platinum. I wanted to go for the Barclay rewards but everything I read is wait 6 months post discharge with estabilishing some history with Cap 1 so I'm waiting on this one. Good Luck on your road to better scores.
Congrats! Treat them well and they will in return take good care of you. Good luck!
Thanks. I think this is smart business on Cap1's part as I am an extremely loyal person and for Cap1 to be the first to extend credit to me post Ch7, well, I plan on having a long relationship with them.