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Synchrony approvals post-BK?

New Contributor

Re: Synchrony approvals post-BK?


taxdoc wrote:

Shooting-For-800 wrote:

was approved first time i applied which was about 1 year.

 

amazon, lowes, wal-mart, paypal = around 10,000 total


I thought PayPal was Comenity Bank and not Synchrony.

PayPal has two different credit products: PayPal Smart Connect is backed by Synchrony and the PayPal Credit (formerly Bill Me Later) is backed by Comenity

Ch7 Filed: 7/27/15  Discharged: 11/9/15   Last approval 11/02/16, Committed to the garden until 12/31/17!

Capital One QS - 10/15 - $18,500 | NFCU Cash Rewards - 7/16 - $16,100 | CareCredit- 11/16 - $7,000 | PayPal Credit - 5/13 - $5,073 | Sams Club - 6/16 - $5,000 | Amazon - 6/2016 - $3,500 | Walmart - 6/16 - $3,500 | Lane Bryant - 5/02 - $3,050 | VS - 3/04 - $3,040 | NY&CO - 3/04 - $3,010 | Torrid - 10/11 - $3,000 | Kohl's - 12/15 - $3,000 | Discover It - 10/16 - $2,600 | (SD)Overstock - 5/16 - $2,350 | (SD)Fullbeauty - 12/15 - $2,250 | (SD)Express - 12/15 - $2,250 | Target - 10/16 - $1,000 | (SD)Ulta - 10/16 - $900
Message 31 of 45
Frequent Contributor

Re: Synchrony approvals post-BK?

I will try then at the 6 month mark and then if denied after one year.
BK Discharged 06/02/2016 SCORES AROUND 475

Current scores:
EXP-667
EQ-654
TU-653
Message 32 of 45
Established Member

Re: Synchrony approvals post-BK?

Synchrony declined me for Amazon and Walmart. 

 

At the 5mos mark post Ch7. 

 

Didn' burn any Synchrony in the bk. 

 

I'll try again a six months. 

 

TU score is 653

Message 33 of 45
New Contributor

Re: Synchrony approvals post-BK?

I got approved Monday for Amazon ($1500) and Walmart ($1100) and was surprised. We are 9 months post DC and included a LOT of Synchrony cards including Walmart. I think the Amazon card was $0 balance. TU FICO is 683. We have been rebuilding pretty well and have about $50K in CL's. Current UTI is 12%, but will be paid off at the end of the month. We run a LOT of $ through our CAP1 cards for the rewards.

 

 

I did call Credit Solutions to get a CLI on Amazon, but was shot down. FIgured they may have pulled up my accounts by my social since I don't have the cards yet and saw the BK on them. I may try again once I get the cards and see if that makes a difference.

 

All in all not too bad considering the time frame and pretty good starting limits.

 

 From what I've read on several forums, 6 mos post DC and at least a 650 FICO gives you a good shot regardless if you've included them or not...BUT as always YMMV...

 

 

Just thought I'd share....

Message 34 of 45
Frequent Contributor

Re: Synchrony approvals post-BK?

1) Which card(s)? Walmart

 

2) How long after discharge? 7 months (Pulled TU around 650)

 

3) Did you include any Synchrony accounts in your BK7? Walmart and Amazon for around $5,000

 

BK Discharged 06/02/2016 SCORES AROUND 475

Current scores:
EXP-667
EQ-654
TU-653
Message 35 of 45
Member

Re: Synchrony approvals post-BK?

I am about 10 months since discharge (more than a year since file) and I was just approved for a Lowe's (only $300, but I'll take it and I plan on phoning in tomorrow for a CLI).  

 

I did burn Walmart, Amazon and PayPal (all Synchrony accoutns) in BK 7.

 

My question is:  Should I try for other Synchrony approvals or consider myself lucky and stick with Lowe's only for now?

 

For those interested my FICO 8 scores range from 650 to 665.

Filed BK February 2016, discharged June 2016 | March 2017 - EQ 659, TU 654, EX 663 | Goal - All above 700


Message 36 of 45
Frequent Contributor

Re: Synchrony approvals post-BK?


mark_mark wrote:

I am about 10 months since discharge (more than a year since file) and I was just approved for a Lowe's (only $300, but I'll take it and I plan on phoning in tomorrow for a CLI).  

 

I did burn Walmart, Amazon and PayPal (all Synchrony accoutns) in BK 7.

 

My question is:  Should I try for other Synchrony approvals or consider myself lucky and stick with Lowe's only for now?

 

For those interested my FICO 8 scores range from 650 to 665.


You can apply for another Synchrony card, I applied for Walmart and lowes the same day. By the way, my score was around 650 too and my lowes card was also approved for $300.

BK Discharged 06/02/2016 SCORES AROUND 475

Current scores:
EXP-667
EQ-654
TU-653
Message 37 of 45
Frequent Contributor

Re: Synchrony approvals post-BK?

I'm 8 months post bk7 discharge. I included Walmart and old navy cards. Just got a lowes card in the mail. Apples, then called credit solutions who approved me over the phone. $300 limit and wouldn't budge. I'll take it. When I buy a place in a year and a half, hopefully it'll be significantly higher. Score pulled a 664


Gardening until further notice
Message 38 of 45
Frequent Contributor

Re: Synchrony approvals post-BK?

My boyfriend is still currently IN chapter 13 and it won't be discharged until November of this year and he was approved for Lowes automatically (last week) with a $3,000 starting limit! Income is $90,000/year. I hope this helps. 

Filed Ch7: 6/21/17
Discharged: 10/03/17
Current FICO8 Scores as of 12/2: EX 605, TU 581, EQ 623
Message 39 of 45
Established Member

Re: Synchrony approvals post-BK?

I'm 7 months post discharge and was approved this week for a PayPal Extras MasterCard @ $700 SL. I included Synchrony bank in my BK7 for about $4k. My other card approvals are as follows (in order of approval):
CapOne platinum (PC to Quicksilver) $1100
Comenity Wayfair and Overstock: $3900
Comenity Sportsmans Guide: $2500
PenFed Promise Visa: $3750
CapOne Venture One: $5000
PenFed Cash Rewards: $5000
Barclays JetBlue MasterCard: $5500
PenFed Auto Loan: $26k
PenFed Travel Rewards Amex: $6700
Synchrony PayPal Extras $700 😂

I'm in the garden now for a good 24 months; within that time all of my BK accounts will have aged off my CR (I filed 4-5 years after first default) synchrony will grow with appropriate usage and my objective was to get my foot back in the door. Amazon won't approve me citing BK7. *shrug* my scores are: EQ 670 / TU 655 / EX 660
Message 40 of 45