@MJSeahawks wrote:My 2 year anniversary for my discharged ch 7 bk was 5 days ago. I haven't used or applied for much credit since then except for my student loans, an auto loan I got from my CU a year ago and a visa I got from the same CU about 8 months ago with a $500 CL. I decided I want to get a mortgage in the next year or so and finally started cleaning up/rebuilding my credit. I disputed a few items on my CR that weren't reporting correctly and decided to take Credit One up on a pre-approved offer and put up with their ridiculous fees and interest rates. I was approved with a $500 limit and a $75 annual fee last month. I am really not interested in this card, but I figured it was a start to help me rebuild and I would use it sparingly to help me get something better in 6 months.....
Well tonight I got a little impatient and decided I didn't want to wait 6 months so I decided to waist a HP and go for the Capital One Quicksilver... I sat waiting while they processed my application fully expecting a 7-10 day message with something like too few accounts, past bk, etc etc and then Bam! Instant approval with $3,000 CL and it says CL will be auto increased after 5 statements. This is fantastic news! I really don't need another cc, or any cc really because I save well and am perfectly happy living credit free, but I'm very excited to finally have a tradeline with a decent CL. It will hopefully go a long ways in getting me approved for a prime card and raising my scores to help me secure a better mortgage!
Anyway, just thought I would share. Positive moments like this during the process of rebuilding are awesome!
Congrats on your approvals 
WTG on your approval!
@MJSeahawks wrote:My 2 year anniversary for my discharged ch 7 bk was 5 days ago. I haven't used or applied for much credit since then except for my student loans, an auto loan I got from my CU a year ago and a visa I got from the same CU about 8 months ago with a $500 CL. I decided I want to get a mortgage in the next year or so and finally started cleaning up/rebuilding my credit. I disputed a few items on my CR that weren't reporting correctly and decided to take Credit One up on a pre-approved offer and put up with their ridiculous fees and interest rates. I was approved with a $500 limit and a $75 annual fee last month. I am really not interested in this card, but I figured it was a start to help me rebuild and I would use it sparingly to help me get something better in 6 months.....
Well tonight I got a little impatient and decided I didn't want to wait 6 months so I decided to waist a HP and go for the Capital One Quicksilver... I sat waiting while they processed my application fully expecting a 7-10 day message with something like too few accounts, past bk, etc etc and then Bam! Instant approval with $3,000 CL and it says CL will be auto increased after 5 statements. This is fantastic news! I really don't need another cc, or any cc really because I save well and am perfectly happy living credit free, but I'm very excited to finally have a tradeline with a decent CL. It will hopefully go a long ways in getting me approved for a prime card and raising my scores to help me secure a better mortgage!
Anyway, just thought I would share. Positive moments like this during the process of rebuilding are awesome!
Congrats on your success and your approval!
