06-14-2013 10:51 AM
06-14-2013 11:00 AM - edited 06-14-2013 11:05 AM
I have gotten a cap one platinum with a $300 CL and also just got a cap one rewards (green) with a $500 CL, both unsecured... Just could use some of the ones I mentioned and Tryed wal mart and got denied.. Bk discharged in march
OP, you are better off posting this on the BK board next time. Advice is generally well vetted there with very experienced folks.
That being said, youve done a good job so far. Citi is out of the question in 90% of the time this early. Conventional wisdom is don't bother applying till your Bk is 5-7 years. You techinically need 3 cards to get your full rebuild going. You could go two routes here (either of which I would recommend).
If you keep both cards you currently own for about 5 months while keeping your util 1-3%, then you can re-apply for a GE card and a Barclays product. Other than that, consider joining a local CU (Vet their BK policy in detail) and open a secured loan/credit builder loan. Use the loan and open a secured card with them. That should give you 4 accounts in about 5 months once again Barclays and GE will be within reach.
Search soulmaster on the BK thread, he has an excellent from Bk-700 fico in 24months step by step guide.
06-14-2013 12:21 PM
06-14-2013 02:14 PM
Ok it might be possible to get unsecured cards but i guess they have the worst terms high annual fees and APR..
Umm, Jan 2010 BK7 here...and I have over $50,000 in available credit and three prime credit cards with optimal APRs and no AF.
Blanket statements are typically untrue when it comes to BK and CCs. Each lender views them differently...and with respect, not all BKs are the same or are viewed the same by said lenders.
06-14-2013 05:15 PM
06-14-2013 05:18 PM - edited 06-14-2013 05:18 PM
06-14-2013 05:25 PM - edited 06-14-2013 05:27 PM
if your BK is too recent (less than 3 or 4 years) you won't be able to qualify for any insecured credit cards not even store cards.... just secured card at this point....
I got three unsecured cards less than 30 days from discharge.Two bad ones with high interest and fees and one very good card. See signature.
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