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Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012

Re: Should I accept preapproval?

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‎11-28-2012 03:56 AM

+1

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jllunas
Posts: 43
Registered: ‎08-03-2012

Re: Should I accept preapproval?

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‎11-28-2012 04:10 AM

This comes from my own experience. I filled for chapter 7 back in 2010. I needed a credit card and no one would approve me, so I bit the bullet and got the credit one card.

I hated all the fees! but i have  to be honest this card helped me improve my credit. They even charge you to make a payment online, but there is a way around that. I just made my payments through my bank every month and there was no fee. I really hated the fees but I stuck with credit one for about a year and a half until I was able to get some better cards. So I guess it just depends how bad your credit is. My limit started with 400 but by the time I cancelled it was up to 1000.

Transunion 664
Equifax 681
Experian 679
Goal Score 750
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