04-09-2012 04:20 PM
04-09-2012 04:53 PM
I agree that they usually are quite good with recons, but in this situation the BK might be a dealbreaker. You can try calling back, maybe you'll have success, but some creditors won't approve when there are BKs reporting.
I was automatically approved for the Apple card three weeks ago with an almost 4 year old BK reporting. I called for a CLI the next day and got a CL of $4000. She did ask about the BK and I told her why I filed.
Are there any negatives on your report post BK. I had a four year old Cap1 CC reporting with no lates. I also had a one year old auto loan and a six month old Carecredit account. All positive tradelines. It might also have helped that I had no inquiries on TU when I applied.
Barclay has historically been BK friendly. I'm suspecting that they might have declined you for other reasons.
04-09-2012 05:52 PM
04-09-2012 05:55 PM
I just read about Barclays recon and got even madder! I have had a card with them for almost 2 years now. About 6 years ago I had a foreclosure but have a perfect record since then. I have great income with a 1% utilization rate with oldest account being 8 years old with 5 open revolving lines ( all low). 3 paid in full auto loans. My trans-Union score is 715. Originally opened with a $500 credit line and after 6 months bumped to $1500. I was very happy then. However, for well over a year now, I can't get an increase. Granted I carried a balance and made the mistake I guess of only paying about 2x minimum. I did make large payments the last few months though including running my account up to limit and then paying in full. I have tried 3 times to get an increase with no luck. Was to,d today it was because I didn't pay enough above the minimum for a number of months. I really thought they would grow with me and did for the first 6 months...Now nothing. In a little over a year foreclosures will drop and I should be upper 700s. I'll then go tell them to jump in a lake....
Why so mean?!?!?!?!?!
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO