Reply
Regular Contributor
Posts: 125
Registered: ‎03-09-2013
0

Re: Should I App Spree at 30% util?

Thank you Enharu.

 

I would go with BofA, but I burned them in my BK as well.  My main checking account is with them as well.  But I don't think I should even risk the inq with them...

Starting Score: 660 (BK discharged 2/2012)
Current Score: 684 - EQ | 679 - EX (Lender pull)
Goal Score: 720+

Wallet: NFCU Flagship Signature 14k | NFCU cashRewards 1K | NavCheck 15k | Barclays US Air 2.1k | Merrick 1.4k | Credit One 550 | Cap One 750 | Last app 5.5.2013
Take the myFICO Fitness Challenge
Moderator
Posts: 27,207
Registered: ‎09-13-2012
0

Re: Should I App Spree at 30% util?

With a recent bk, I would stick with NFCU. It might be awhile before Amex would approve. Discover has been iffy on bks approvals.
Frequent Contributor
Posts: 473
Registered: ‎04-09-2012
0

Re: Should I App Spree at 30% util?

Personally, if I were you, I'd wait until utilization was under 9% and go for NFCU.  Then I would wait until that reports, then go for Capital One.  Keep in mind that they pull all three reports.  Then I would wait 6 months and try for Discover  Don't try for anyone you have burned as your bankruptcy is too new.  Also, note that in most cases, Amex will not consider someone with a bankruptcy until it is at least 8 years old. 

Barclays USAir World MC $8300 - DCU $7500 - USAA World MC $7000 - PayPal Extras MC (GE) $5500 - Chase Saphire Preferred $5000 - Discover It $6000 - Barclays Sallie May $2700 - Chase Freedom $1000 - Capital One $8500 (business) - store cards ranging from $500-$9500
Frequent Contributor
Posts: 473
Registered: ‎04-09-2012
0

Re: Should I App Spree at 30% util?

I forgot to add that you may want to consider a GE backed card too, like Walmart.  The rule of thumb is that you can call and ask for a CLI every 4 months and they are generous with increases.  But I would wait until after NFCU on that one too.

Barclays USAir World MC $8300 - DCU $7500 - USAA World MC $7000 - PayPal Extras MC (GE) $5500 - Chase Saphire Preferred $5000 - Discover It $6000 - Barclays Sallie May $2700 - Chase Freedom $1000 - Capital One $8500 (business) - store cards ranging from $500-$9500
Super Contributor
Posts: 7,132
Registered: ‎02-27-2013
0

Re: Should I App Spree at 30% util?

U can try any GE backed cards. They are generous with CL.

I don't quite understand BK, im sorry. By being discharged in 2012, does it mean it fell off your record in 2012?

You can also check out US bank and Wells Fargo for their secured products. Wells Fargo do graduate people but they usually tend to be pretty conservative about initial approvals, so you will be taking quite a chance. If you bank with them then it helps a lot.

Other than that I would say try capitalone for now.
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Valued Contributor
Posts: 1,863
Registered: ‎09-20-2011
0

Re: Should I App Spree at 30% util?

Wait until your UT is down and app with NFCU.  Skip CapOne.  They will certainly approve you but it will be three hard pulls and a $500 credit line that will max out at $750, simply not worth three hards unless you are absolutely desperate for a trade line.  You score and overall application will look much much better with <10% vs. 30%, especially with a recent BK.

Regular Contributor
Posts: 125
Registered: ‎03-09-2013
0

Re: Should I App Spree at 30% util?

Regarding my BK.  I filled in 10/2011 and it was discharged on 2/2012.  So 2/2012 is when my BK started.  I get to wait 9 more years!

Starting Score: 660 (BK discharged 2/2012)
Current Score: 684 - EQ | 679 - EX (Lender pull)
Goal Score: 720+

Wallet: NFCU Flagship Signature 14k | NFCU cashRewards 1K | NavCheck 15k | Barclays US Air 2.1k | Merrick 1.4k | Credit One 550 | Cap One 750 | Last app 5.5.2013
Take the myFICO Fitness Challenge
Regular Contributor
Posts: 125
Registered: ‎03-09-2013
0

Re: Should I App Spree at 30% util?

Wow.  Cap one pulls off all three?  I think I will skip them and focus on NCFU.  I would like another CL and dump Credit One though.

 

Thanks again to everyone and this forum!

Starting Score: 660 (BK discharged 2/2012)
Current Score: 684 - EQ | 679 - EX (Lender pull)
Goal Score: 720+

Wallet: NFCU Flagship Signature 14k | NFCU cashRewards 1K | NavCheck 15k | Barclays US Air 2.1k | Merrick 1.4k | Credit One 550 | Cap One 750 | Last app 5.5.2013
Take the myFICO Fitness Challenge
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.