Hi, I am desperately looking for advice. I received an email from southwest for the 50,000 bonus. I have been doing my research and I am not sure what to do. I do currenlty have a BK reporting that was charged off in Dec of 2011. After my divorce, my ex-husband took the house back, and at the advice of two lawyers, I filed bankruptcy to protect myself in case he let it go into foreclosure (which he did eventually). He was unable to refinance the mortgage at the time of our divorce, so that was my best option at the time. Since then, I have maintained 2 secured cards (opened right after BK to start rebuilding my credit) with no late payments, and was approved for a capital one quicksilver with a limit of $3000 in Decemeber. I was also approved for a car loan in Oct 2014. I know I will get denied right off the bat due to my BK, but I was going to call the recon line and explain the situation. I do also have a few collections that were back from when we had the house (utilities he never paid) which have all been paid. When pulling my report two weeks ago, I discovered one more collection that had never been taken care of (had no idea), and got it paid.
My main questions are, should I even apply? If I do, should I mark yes or no for past bankruptcy (which is automatic denial if checked yes), or should I wait, get my denial, and then call and explain my situation. If there is no chance, I would rather wait and not get the hard inquiry on my report. I also have student loans which have no late payemnts as well.
The main reasonn I want this card is because I travel for work and fly southwest usually. This would allow me to get the best benefits from them I believe. According to My Fico, my 3 scores are Equifax-643, Experian-638, and Transunion 644.
