finally made it

[Anonymous]

First off I would like to thank everyone on here for sharing their stories and advice.  I'm new to my rebuild and a lot of questions I had have been answered.  My wife and I declared Chapter 13 bankruptcy in November of 2010 and on September 8 we received our discharge.  I had to get a car loan 18 months ago when my car was totaled.  That may have been the toughest part of the whole process; trying to get the insurance company, the Trustee's office, the bank and the car dealership all on the same page was a nightmare.  If nothing else I don't want to ever get put in a position where I have to ask for permission to get a car loan.  We applied for a Capital One card this morning and got an instant approval for $3000 for me and $1000 for her.  Hopefully in 6 months I will be able to refinance my car loan for a better rate(it's 17% right now).  

current scores

EQ-619

TU-589

EXP-610

[1Rebuilding]

If you can get 1 Cap 1 card you will be able to get another one.  If you do it quick you will only have 1 HP on each CB.  Don't wait 30 days like I did.  My scores jumped up a ton as soon as the first card showed up on all 3 CB.  Good luck on your rebuild!

[Anonymous]

Good luck on your journey!

[Scupra]

Congrats and welcome to myFICO!

[Anonymous]

Welcome and congrats! I truly admire those who made it through the grueling journey of Ch13. I would check and see if you can refi that car now through Cap1. They may do it for you. And yes, do a second card from Cap1 same day. 1 set of pulls. I did it the next day and it cost me 2 sets. Good luck!

[Vegas4Play]

Congrats and bestof luck on your new journey of rebuilding

[Pway]

Congrats

[Anonymous]

Try Cap1 auto to refinance your car as soon as you feel comfortable (like now with that rate if it were me) - the worst thing is they say no, but the best thing is they say yes and significantly lower that rate.

I refinanced with them in July and it was the easiest process ever (went from 7.59% to 3.99%).  July 31 approved and within a few days, my old loan showed as paid off.  They are quick, hassle free and very helpful with questions.

[Grafton88]

Congrats on your discharge.

Like you I never want to be in a situation where I have to beg for a loan.  I want them to beg me to take out a loan.  I want them to fight over my business.  That day will come.