It's really hard to predict.
Even the bank's analysts will be unable to provide you with a definite answer. Banks keep their blacklisting policies under wrap for many reasons, including abuse. There's little to nothing an analyst can do to override and take you off the blacklist either.
My guess is that it depends to the type of debt you had (approx $4,200/ over 3 cards), amount of money you burned them for, and the time it has been since it happened. Some people get off the blacklist after 1-5 years (1993 BK), but some others continue to be blacklisted even after 2-3 decades.
Paying back the bad debt usually is a good way to get off the blacklist, but its by no means guaranteed. You also have to evaluate whether it's worth repaying them back (it's not worth it really) just for you to have credit card(s) with them again. I can't blame them for my mistakes.
I wasn't talking about the aa they took.
Lexie mentioned that it's possibly illegal for them to accept payment after two decades...
and a bk from the op. Is that true or not? Idk.
And even before Citi took AA against, their customer service sucked. Lol
While a creditor cannot attempt to collect after a bankruptcy, they can still accept payment even one hundred years after the fact. Bankruptcy just legally excuses the person from having to pay the debt that is owed, it doesn't make debt go away. I know they can't attempt regular collection efforts, but if you apply and ask if you can pay, that would be allowed. The statute of limitations is similar in that a creditor can still attempt to collect many years after it has passed, but they cannot sue the debtor to obtain the money back.
Congrats. I, like you two, am battling my way back. I jus wish I had started strong right after my BK. I eventually started in 2012 and have made great strides since then. Most of my good activity has come since July 2013 with Amex, Chase and now Discover. So when you say all hope is not lost, I believe you 100%. It's nice to hear stories such as your's. It gives hope to all on a similiar path. Thanks for sharing.
I think they forget on an individual basis and here is why I say that. I had a Credit Card with them in 2006...then another with them in 2011 and a personal loan with Citibank...I filed for bk in 2009 and included the credit card from 2011 and the loan from Citibank.
I then opened a secured card with them in 2009 and it because unsecured...SO...I think its on an individual basis with no method to their madness or logic.
I will say this...if you want an IN with Citibank...go with their secured card and put down as much money as you can because once the account is open you cannot increase the CL...use it wisely and it will graduate...then ask for a PC...THERE is your IN with Citi !!
Yea they do a HP when you apply..but the underwriting is easy...so you should have no problems. You have to wait 18 months for it to unsecure...but I think it is worth it when they will not approve you for one of their regular cards...