I had two Citi backed cards that went south and charged off back in 2000 - 2001. Just apped and was approved for Citi Diamond Preferred in August 2011. So in my experience the Citi blacklist is no more than 10 years. Don't know if it made a difference but the app was with a mailed pre-approve offer and an invitation code.
You may want to opt in and see if Citi sends you an offer at some point. Or if you can afford a single inquiry just find the offer you want and give it a shot. Twenty years should be long enough. FYI, my total charges on two cards were only about 2K when they charged off.
Starting Score: 500's
HoldingOntoHope wrote:I had two Citi backed cards that went south and charged off back in 2000 - 2001. Just apped and was approved for Citi Diamond Preferred in August 2011. So in my experience the Citi blacklist is no more than 10 years. Don't know if it made a difference but the app was with a mailed pre-approve offer and an invitation code.
You may want to opt in and see if Citi sends you an offer at some point. Or if you can afford a single inquiry just find the offer you want and give it a shot. Twenty years should be long enough. FYI, my total charges on two cards were only about 2K when they charged off.
I was in a similar situation. I defaulted on my Chase and Citi cards around 2001. I apped in 2010 for a Chase-backed card and was denied, but a few weeks ago, I apped for both the Citi Platinum Select and Chase Freedom and was approved for both. I think the 10 year blacklist sounds about right.
vexblu wrote:
AlmostHome78 wrote:
HoldingOntoHope wrote:I had two Citi backed cards that went south and charged off back in 2000 - 2001. Just apped and was approved for Citi Diamond Preferred in August 2011. So in my experience the Citi blacklist is no more than 10 years. Don't know if it made a difference but the app was with a mailed pre-approve offer and an invitation code.
You may want to opt in and see if Citi sends you an offer at some point. Or if you can afford a single inquiry just find the offer you want and give it a shot. Twenty years should be long enough. FYI, my total charges on two cards were only about 2K when they charged off.
I was in a similar situation. I defaulted on my Chase and Citi cards around 2001. I apped in 2010 for a Chase-backed card and was denied, but a few weeks ago, I apped for both the Citi Platinum Select and Chase Freedom and was approved for both. I think the 10 year blacklist sounds about right.
The 10 years blacklist thing starts from the day of CO or the date it opened? I too have citi & chase CO.... would like to get them back badly lol
For me, it was when they went delinquent, so sometime in early 2001 (they were opened in the 90's). When did yours go delinquent?
7-10 years sounds about right. From what I understand, they will simply instantly decline if you're blacklisted so it can't hurt to try at the 7 year mark. I'm curious, does someone exist that has CO/BK accounts with Citi/Chase/AmEx/Discover/BofA/US Bank/CapOne/HSBC? Are they basically doomed for 20 years? (BK+10 year blacklist)? Sounds like a terrible situation to be in.
Vex, understand that this is just our personal experience and we do not have access to either Citi or Chase policies. In my case I don't even know the exact month the cards went negative or were charged off. And I did not keep a timeline that said OK it's been 8 years or 10 years I can try now.
I didn't apply with Citi over the years because I just assumed they would remember. And I hadn't even found these forums to get any education. I did apply after getting numerous pre-selected invites from Citi and deciding my current credit profile would likely meet their criteria as described by other members successes. I was fully prepared for them to say "No way Holding... We still remember you."
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