Reply
Regular Contributor
rudy0720
Posts: 205
Registered: ‎08-10-2012

Re: Can we start a new BK Friendly List of CC?

Citi has been friendly to me. I had Chapter 7 in 2004 but they were not included. I have received 5 cards from them this year. Citi AA Sig, Simplicity, Diamond, TY Preferred and TY Premier. $40K in CL's

Citi Thank You Premier Visa Signature-$9K, Citi Thank You Preferred Vis Signature-$8.3K, Citi AA Signature- 8.5K, Citi Simplicity 9.2K, Citi Diamond-6.1K, Chase Southwest Visa Signature-6K, Discover IT-$ 7K, Capital One-$5K, Capital One-$4K, Lowes-$10K, Chase Sapphire Preferred- $ 5K, AMEX BCE $14.5K, AMEX Starwood Preferred $15K, AMEX Hilton Honors $5K,AMEX Everyday-$5K, Fidelity Amex-$10K, Capital One QS- 10K, US Bank 123 rewards Kroger-$17K, Penfed Platinum Rewards Visa Signature-$30K
Community Leader
Valued Contributor
starry1
Posts: 2,068
Registered: ‎11-29-2012

Re: Can we start a new BK Friendly List of CC?

I didn't realize Citi was friendly. That's good to know.

Starting Score: 11/29/12 TU 527; EQ 565; EX 564 fako - bk7 dc'd 2/15/13
Current Score: 6/2614 TU 624; EQ 635; EX 610
Goal Score:  625 for now– New goal 675

Cap1 sec $700 (SD) / FP $300 (closed) / Fingerhut $1300 / nRewards $2.5k / cashRewards $1.5k / NavChek $2.5k
Amazon $1.7k / Walmart $1k / Von Maur $200 /Firestone $1.2k (last app 10/08/13)
Valued Contributor
visorboy1974
Posts: 1,129
Registered: ‎05-17-2010

Re: Can we start a new BK Friendly List of CC?

Everybody's BK friendly if you give them a reason to be.  

New Visitor
jy103
Posts: 1
Registered: ‎01-01-2013

Re: Can we start a new BK Friendly List of CC?

I had my BK discharged in Jan 2011. Lay low for 15 months. Then...

 

Orchard Bank Card and Credit One Card in April 2012-both gave me $600 limit (instant approval)

Capital One Secured Plat in April 2012-$250 limit (instant approval)

 

Lay low again for 6 months. Then app spree...

 

Barclaycard Visa through Apple Store in Nov 2012-$2200 limit (instant approval)

Capital One Cash Rewards Master in Nov 2012-$750 limit (instant approval)

HSBC Plat Master in Nov 2012-$750 limit

Walmart in Nov 2012-$500 limit (instant approval)

Amazon in Nov 2012-$600 limit (instant approval)

Best Buy in Nov 2012-$800 limit

Paypal SC in Nov 2012-$500 limit (instant approval)

Honda Auto Loan in Dec 2012- 0.9% (previous Honda Loan Paid b4 BK and have connection with Finance Director)

 

Barclay by far the most BK friendly, then you have the GECRB store card.

I think the key here is that if you just had BK, you need to lay low. Learn from your mistake, isn't that why you file for BK the first place?

Patient is the key... Spend on things that only you can afford!

 

Hopefully my list can help someone and good luck!

 

 

Established Contributor
pizza1
Posts: 922
Registered: ‎07-17-2013

Re: Can we start a new BK Friendly List of CC?

Hi there, new to the forums, sorta....LOL...., 

 

Been lurking around here for the last few months, gaining some knowledge hopefully. Here's my deal....filed chapter 7 5/13, expected D/C in mid-late August. I wamt to rebuild asap, but its going to be really hard for me because I had every store card out there...macys, pier 1, crate and barrel, pottery barn, dillards, pennys, VS, NYC, etc...the list goes on. So, GEMB, Commenity, Chase and any store cards backed by them are gonna be no-go's. 

 

This is what my plan is, and hopfully its works. Please add any advice to it, much appreciated.

 

1) 30 days post dc letter by mail, I'll pull all 3 CR's and see that they are reflecting accuratly, ( IIB, DC in bk , $0 balances, etc..).  Go to work on clean up .

 

2) obtain an unsecured or secured credit card, hopefully captial one since I didnt burn them. 

 

3) ( I reaffirmed a car loan that will start reporting again to all 3 CRA;s after the DC, and I have a federal school loan that will also be reporting as well). The new car loan is a year old now, never late/on time payments, and school loan was in deferment, but once dc happens, it will come out and payments resume again with reporting).

 

4) I will "garden" my new credit card for 1 year post dc bk, keeping utilzations between 5-10%, and paying in full monthly, and also have my school loan and car reporting for 1 year afterwards, then apply for a Discover More first, then for Barcalys/Apple card. Since Barclays watches all three CB's to make sure your not apping away after them, I'll try Discover first, then Apple.. 

 

5) Hopefully approved for one or both of the Discover and Apple card(s), and then back to the Garden for 8mo-1yr, doing the same....low utilzations, etc.. 

 

6) goal 2 yrs post BK: 2 credit cards with excellent paying history, a car loan and federal school loan all reporting to the CB's, and then apply for an FHA home loan. (ive never owned a home, always rented)

 

Sooooo, what do you think??? Do I have a good plan??  Thanks for any advice:smileyhappy:

 

 

BK 7 D/C: 08/19/13~FICO-400's---> 06/2014-EQ 659,EX 630,TU 640
NFCU loc-$15k|NFCU visa-$10k|Barclays-$1.5k|Cap one $2k|Wmart-$750|JCP-$500|Jcrew-$4,250|Loft-$250|Gap-$200|76 gas-$300|Amazon store-$700
Established Contributor
pizza1
Posts: 922
Registered: ‎07-17-2013

Re: Can we start a new BK Friendly List of CC?

oh! forgot to add:

 

Scores myfico.com

6/13 (1 mth after filing)- EXP-514, EQ-584, TU-516

7/13 (3 wks later scores went WAYYY down again!! why??)- EXP- 422, EQ-464, TU-418

 

GOALS: by...

11/13- low 600's across the board

8/14- mid-high 600's across the board

 

Doable???

 

 

 

BK 7 D/C: 08/19/13~FICO-400's---> 06/2014-EQ 659,EX 630,TU 640
NFCU loc-$15k|NFCU visa-$10k|Barclays-$1.5k|Cap one $2k|Wmart-$750|JCP-$500|Jcrew-$4,250|Loft-$250|Gap-$200|76 gas-$300|Amazon store-$700
New Contributor
OMIAHEART
Posts: 60
Registered: ‎08-30-2007

Re: Can we start a new BK Friendly List of CC?

I just received a Barclays approval 8 months post bk7 for $1700.
Filed BK7 – 2/13 (discharged 5/13) (starting score 586)
myFICO EQ 1/2014: 617
myFICO TU 1/2014: 619
myFICO EX 1/2014: 635
Credit 1 - $500 / Cap 1 Sec. $300 / Cap 1 Quicksilver $1,500
Barclays Apple Card / $1700 / American Gen Loan $5,000

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
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+