Reply
Contributor
Posts: 103
Registered: ‎11-15-2007
0

Cards who blacklist

I am looking to add another Visa to my CC mix after cleaning up my credit mess over the last 2 years. My last baddie(repo and a CO) due to fall off in 3 monthes or so and I would app only after this happens.

 

What cards blacklist, and for how long? I had accts go bad on Discover, Chase, Citi and Cap1.

Valued Contributor
Posts: 1,320
Registered: ‎04-18-2009
0

Re: Cards who blacklist

I heard Cap1 will give a second chance. They might start you out on a "credit steps program". you get like a 500 CL, then 750 the 1000....

 

Citibank i think forgives as well. not sure.

 

I have read that AMEX blacklists for life. they will never ever ever give credit again if you bk'd them or have a co.  You can't even be an AU on an AMEX acct if it had that status in the past. This is what I have read.

 

hsbc offers some sort of discover card, a friend of mine has it. he applied for a different hsbc product and didnt' get it but got the discover hsbc card.

 

I don't know about chase, i heard they are strict.

 

i don't know any of this for a fact however just from lots of reading and learning.

 

 


Starting Score: 682 EQ, 663 TU
Current Score: 687 EQ - 705 TU on 7/18/10
Goal Score: 700 + both EQ and TU


Take the FICO Fitness Challenge
Senior Contributor
Posts: 3,626
Registered: ‎10-13-2009
0

Re: Cards who blacklist


daisyduke wrote:

I heard Cap1 will give a second chance. They might start you out on a "credit steps program". you get like a 500 CL, then 750 the 1000....

 

Citibank i think forgives as well. not sure.

 

I have read that AMEX blacklists for life. they will never ever ever give credit again if you bk'd them or have a co.  You can't even be an AU on an AMEX acct if it had that status in the past. This is what I have read.

 

hsbc offers some sort of discover card, a friend of mine has it. he applied for a different hsbc product and didnt' get it but got the discover hsbc card.

 

I don't know about chase, i heard they are strict.

 

i don't know any of this for a fact however just from lots of reading and learning.

 

 


It is certain that AmEx blacklists forever and ever.  They even use that as a collection tool by holding it over your head.

 

Not sure about any of the others, though.

IAALBNYL
New Contributor
Posts: 67
Registered: ‎08-20-2009
0

Re: Cards who blacklist

"I have read that AMEX blacklists for life. they will never ever ever give credit again if you bk'd them or have a co."

 

Semi incorrect. Only if the CO is not paid....is it is it may offer you its "rebuilding" card - Oasis.

 

BK, can not say.

"Well, here's another nice mess you've gotten me into" Ollie
Senior Contributor
Posts: 3,626
Registered: ‎10-13-2009
0

Re: Cards who blacklist


KimberH wrote:

"I have read that AMEX blacklists for life. they will never ever ever give credit again if you bk'd them or have a co."

 

Semi incorrect. Only if the CO is not paid....is it is it may offer you its "rebuilding" card - Oasis.

 

BK, can not say.


 

I'm pretty sure that what Daisy was saying is that AmEx blacklists for life if they have taken a financial loss on the account.  That, is a fact.

 

If you have later repaid the amount they lost, you are elegible to apply for membership again. 

IAALBNYL
Established Contributor
Posts: 545
Registered: ‎03-20-2009
0

Re: Cards who blacklist

USAA I believe blacklists unless you pay off the charged off account.  (even if IIB)

IME Capital One blacklists.  I had a charge off to them (about $800) about 9 years ago & it is long gone off my CR yet they would not approve me for a CC the last time I applied. 

 

But in the meantime I've been approved for 2 CC from NFCU, 1 CC from BB, 2 CC from Sears, 1 CC from local CU, 1 LOC from NFCU, & 1 car re-fi. 

 

 

Starting Scores 10/12: EQ 460 (FICO)/TU 502 (FAKO)/EX 474 (FAKO)
Current (7/14): EQ 572 (FICO)/TU 624 (FICO)/ EX 612 (FICO)



Regular Contributor
Posts: 162
Registered: ‎05-14-2009
0

Re: Cards who blacklist

credit one bank blacklists!

i know i'm surprised too. my mom had a charge off from them back in 1998 when it was 1st bank of marin. she recently apped for a credit one card (oct 2009) and never got all the way through the online application because it said she had a current account. she called and found out it was a denial due to this previous acct. it was IIB in 1996/CO in 1998-that's their explanation.


Starting Score: EQ 505 jul09
Current Score: EQ 702 TU 693 EX 692 apr12
Goal Score: 700+


Take the FICO Fitness Challenge
Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
0

Re: Cards who blacklist

Wow on the Credit One.....of all banks to blacklist.

 

Discover sent me a you-are-banned-for-life type letter when my Discover was CO'd back in 1997. I still have the letter and had paid the CO by 2000. Fast forward, I was approved for a Discover More in this past July.

Senior Contributor
Posts: 4,923
Registered: ‎04-19-2009
0

Re: Cards who blacklist


mt2va wrote:

USAA I believe blacklists unless you pay off the charged off account.  (even if IIB)

IME Capital One blacklists.  I had a charge off to them (about $800) about 9 years ago & it is long gone off my CR yet they would not approve me for a CC the last time I applied. 

 

But in the meantime I've been approved for 2 CC from NFCU, 1 CC from BB, 2 CC from Sears, 1 CC from local CU, 1 LOC from NFCU, & 1 car re-fi. 


No one can ask you to pay an account once it has been IIB. The debt no longer exists. It is illegal to ask you to pay it. They can deny you credit, however. Amex Oasis offers clearly state that they DO NOT APPLY to you if Amex was included in your BK. Similarly you can get back in with Macy's if you pay off the bad account. However, if the account was IIB you are done for life. (Or until they forget. Any of these issuers can forget.)

 

As for Discover and Citi I know for a certainty that they will take you back. But that is eventually! Most prime issuers will not take you back while their CO'ed account is still reporting on your CBR. The only ones I can think of who might do that are FP, Orchard and Cap1.

Senior Contributor
Posts: 4,923
Registered: ‎04-19-2009
0

Re: Cards who blacklist


llecs wrote:

 

Discover sent me a you-are-banned-for-life type letter when my Discover was CO'd back in 1997. I still have the letter and had paid the CO by 2000. Fast forward, I was approved for a Discover More in this past July.


Not only did Discover send me no such letter, after several pre-app offers from Discover Financial Services for one of their loans I got a pre-app offer for a More card which left me dumbfoundedI thought about it long and hard and finally app'ed it - I was approved for an $8.1K CL now at $10.1K. Go figure...

 

Quite honestly I have no idea what the disposition of my original Discover Card was (and I do mean ORIGINAL!), but it was closed in disgrace. I know years after that I was in some type of repayment program (10 years ago). I have no idea whether I completed that program. Whether I did or not it took nine more years from that time to get an offer for new card. You just gotta hang in there and bide your time.

 

 

 

 

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.