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Re: Working my Rebuild!

[ Edited ]

Came out of the Garden tonight - was trying to wait until November, but I realized I wasn't 100% comfortable operating with a single credit line and no safety net - figured now was good as I just got that nice increase from Cap One and my balance is reporting very low

 

So it's off to NFCU Cash Rewards - app is in and on 24 hour review...I'll check in next week and let y'all know how it went!

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Re: Working my Rebuild!

Good luck!!
Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
732 EQ FICO 08/2017
743 TU FICO 08/2017
735 EX FICO 08/2017
$20k NFCU Platinum | $25k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $17k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE
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Re: Working my Rebuild!


TygerHawke wrote:

Came out of the Garden tonight - was trying to wait until November, but I realized I wasn't 100% comfortable operating with a single credit line and no safety net - figured now was good as I just got that nice increase from Cap One and my balance is reporting very low

 

So it's off to NFCU Cash Rewards - app is in and on 24 hour review...I'll check in next week and let y'all know how it went!


TygerHawke,

 

Did you get approved?

 

Guyatthebeach

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Re: Working my Rebuild!

Here is the full timeline for my impulsive NFCU app:

 

Saturday - submitted app - received in review message advising 1 business day for decision

 

Monday - still in review - sent a secure message proactively explaining my situation and advising I would accept any CL to get my foot in the door

 

Tuesday - Received secure message asking me what my rent/mtg payment is, and to provide POI (provided immediately by secure message)

 

Wednesday - approved!, $500 SL Smiley Very Happy

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Re: Working my Rebuild!


TygerHawke wrote:

Here is the full timeline for my impulsive NFCU app:

 

Saturday - submitted app - received in review message advising 1 business day for decision

 

Monday - still in review - sent a secure message proactively explaining my situation and advising I would accept any CL to get my foot in the door

 

Tuesday - Received secure message asking me what my rent/mtg payment is, and to provide POI (provided immediately by secure message)

 

Wednesday - approved!, $500 SL Smiley Very Happy


Huge congrats to you! Awesome job getting a foot in the door. The limit will grow in no time Smiley Happy

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
732 EQ FICO 08/2017
743 TU FICO 08/2017
735 EX FICO 08/2017
$20k NFCU Platinum | $25k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $17k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE
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Re: Working my Rebuild!

 


=Scupra wrote:

GReed1911 wrote:

good to know....I burned Cap 1 also, didnt know there was a 1 year blacklist


This is not always correct. The good thing is that Cap1 will not pull your credit if you are on the BL. Is always a good starting point 


Have we figured out why they will approve some and not others till a year post BK?

Ch7 BK filed 7/5/16, DC 10/12/16
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Re: Working my Rebuild!


harleygirl1987 wrote:

 


=Scupra wrote:

GReed1911 wrote:

good to know....I burned Cap 1 also, didnt know there was a 1 year blacklist


This is not always correct. The good thing is that Cap1 will not pull your credit if you are on the BL. Is always a good starting point 


Have we figured out why they will approve some and not others till a year post BK?


Your guess is as good as mine Smiley Happy

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
732 EQ FICO 08/2017
743 TU FICO 08/2017
735 EX FICO 08/2017
$20k NFCU Platinum | $25k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $17k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE
Established Contributor
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Re: Working my Rebuild!


Scupra wrote:

harleygirl1987 wrote:

 


=Scupra wrote:

GReed1911 wrote:

good to know....I burned Cap 1 also, didnt know there was a 1 year blacklist


This is not always correct. The good thing is that Cap1 will not pull your credit if you are on the BL. Is always a good starting point 


Have we figured out why they will approve some and not others till a year post BK?


Your guess is as good as mine Smiley Happy


My guess, is that their internal write-off date is sometimes diffferent than what they're reporting to the CRA's, but it's still 1 year from whichever date you offended them

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Re: Working my Rebuild!

[ Edited ]

Hello friends!

 

I've been peacefully gardening since I picked up my NFCU card, so there's been nothing to update - that changed this weekend Smiley Happy

 

I knoiw we're all seen them - offers from Merrick bank offerring to 'Double your Line' while paying all manner of exorbitant fees and interest.  DW kept getting these offers, over and over, however I noticed a pattern...each offer we ignored would be followed by a new offer with slightly better terms...finally after 5 of the things through the shredder we got one worth looking at - $1250 SL, no fees of any kind, and and it doubles to $2500 in 7 months.  Since it's the right time in her plan for a 2nd card, we decided to go for it!

 

So now our credit situation looks like this:

 

ME

-------

$7000 CL QS from Cap One

$500 CL cashRewards from NFCU

Over $75,000 in student loans

 

SHE

--------

$600 CL Platinum card from Credit One

$1250 CL from Merrick

Share Secured loan from Alliant

 

BOTH

----------

Hyundai finance lease - about $3k remaining

 

At this point likely no new apps until spring (we hit 1yr post BK end of April) - though I am probably going to risk a HP to get a CLI on the NFCU card before then, I haven't decided exactly when to do it - thoughts on that would be welcome

 

(Edited for grammar and clarity)

 

 

 

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Re: Working my Rebuild!

Update time!

 

Credit steps kicked in on my November Capital One statement, bringing my credit line from $7,000 to $7,500 Smiley Happy

 

Quick question for anyone in the know:  I know that Cap one won't approve a CLI until 6 months has passed from your last one - my curiosity is whether the credit steps increase will start the clock for that, or the increase I manually requested in July?

 

 

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