Citi is going to sell the portfolio to Elan Financial in April. Do you think the terms and conditions will change? BTW, who is actually sets the rules and lends the money? Is it a Citi card or is it Key Bank and Citi only manages the card for them?
Elan Financial is a difficult company to deal with. they handle all of the credit card apps for my local CU. Im not sure who sets the standards, however, I know my local CU credit card requires a 700 score to qualify. They will consider all apps even with BK showing, but the current score must be over 700 per my CU. Im not sure if this is true for all Elan Financial affiliates - the CU itself might set these standards.