Reply
Established Contributor
Posts: 799
Registered: ‎09-27-2011
0

Discover Card Question

[ Edited ]

Hello all. I'm very new to the forum and very grateful to be able to pull from the pool of knowledge that exists here!

 

I have a question related to the Discover Card. I had a Discover card back in 1999. My financial world melted with the tech dump after 2000 and I had a BK 7 discharge in 2001.

 

That BK is now off my record, but I was wondering:

 

1. Will Discover blacklist me due to that previous account? ($1,000 limit, I believe, and it wasn't maxed out...$700 I believe)

 

2. What sort of FICO scores are needed to get my foot back in the door with Discover?

 

Scores listed below are as recent as I have at the moment. I have a very recent new auto loan and about 26% utilization on revolving credit (Wal-Mart - $600 limit, Fingerhut - $200, Firestone - $1200, Capital One unsecured - $750, Orchard Bank unsecured - $300, JC Penney - $200). I also have student loans from my years in grad school - all paid current. Any and all feedback will be very much appreciated!

I'm Spartacus!

hr>Starting Score: EQ 546, EX 547, TU 580
Current Scores (lender): EQ 725 , EX FICO 720, TU 737 FICO scores>
Goal Score: 750
Take the FICO Fitness Challenge
Established Contributor
Posts: 799
Registered: ‎09-27-2011
0

Re: Discover Card Question

I realize now that this may belong in the Credit Cards portion of the forum. My apologies if so...

I'm Spartacus!

hr>Starting Score: EQ 546, EX 547, TU 580
Current Scores (lender): EQ 725 , EX FICO 720, TU 737 FICO scores>
Goal Score: 750
Take the FICO Fitness Challenge
Mega Contributor
Posts: 16,675
Registered: ‎08-08-2011
0

Re: Discover Card Question

No they don't black list but your scores should be higher and don't volunteer BK info when you do apply. Let the past remain in the past. They do call you and ask about past credit history. Learn from your past mistakes like I did. My banker once told me people have three financial disasters in their life. Its not how you fall but how you pick yourself up that matters. He has since passed away but I try to live up to the standards he set for me. I got  the Discover More card and my past history was worse then yours. My Fico scores in the high 680's when I applied. Read the posts on this site. To me its the most important reading of the day. Also check out www.whogavemecredit.com to compare your score to the card you want. 

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.