Hi all just joined the forum after looking around on here for sometime. I apped for a Discover IT card, and was denied, but asked to have a Joint applicant. I called and also just received my denial letter, and it stays due to bankruptcy. I filed for bankruptcy in 2006 and it was discharged in 2006, it will be exactly 8 years I filed in July. I've been able to establish credit since then having numberous other accounts. Is there a way that I should dispute the bankruptcy since it's been 8 years, or should I see about asking a koint applicant?
@waynes1982 wrote:Hi all just joined the forum after looking around on here for sometime. I apped for a Discover IT card, and was denied, but asked to have a Joint applicant. I called and also just received my denial letter, and it stays due to bankruptcy. I filed for bankruptcy in 2006 and it was discharged in 2006, it will be exactly 8 years I filed in July. I've been able to establish credit since then having numberous other accounts. Is there a way that I should dispute the bankruptcy since it's been 8 years, or should I see about asking a koint applicant?
Welcome to the forum. If your bankruptcy is yours you you can't dispute and accurate reporting item. I am not a big fan of joint applicants but if you want to apply for discover and you have a person who will apply with you that seems to be logical choice
not dispute it, but see if there is any chance to have it come off my report since they say BK can stay on for up to 10 years.
@waynes1982 wrote:not dispute it, but see if there is any chance to have it come off my report since they say BK can stay on for up to 10 years.
You can ask the three credit reporting agencies for early exclusion but I highly doubt that they will delete the bankruptcy that should be on your credit report for the next two years
I just figured when they say up to 10 years, that it can fall off sooner then the 10 year mark. I'm debating on a joint application, because I don't want to ask a family member to help me get another credit card. If it was a loan that's different, but for a credit card, IDK seems weird to ask someone.
@waynes1982 wrote:I just figured when they say up to 10 years, that it can fall off sooner then the 10 year mark. I'm debating on a joint application, because I don't want to ask a family member to help me get another credit card. If it was a loan that's different, but for a credit card, IDK seems weird to ask someone.
If you reestablished your credit with other credit cards you can always try again with Discover in a year. Seems like the older your bankruptcy is the easier it will be for approval. I agree I would not ask a family member either be a joint applicant
do you mind sharing your credit profile?
@Pat94108 wrote:I thought if someone had a bankruptcy it'd be to stay on your report for 7 years? So it's 10 years.
Chapter 13's that are discharged stay on for seven years; Chapter 7 stay on for 10 years- they changed the law about about eight years ago
Edit: dismissed Ch 13's stay on 10 years