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Established Contributor
Posts: 1,837
Registered: ‎08-20-2012
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Re: Should I accept preapproval?

+1

Contributor
Posts: 81
Registered: ‎08-03-2012
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Re: Should I accept preapproval?

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 698
Equifax 713
Experian 700
Goal Score 750
HWLBA

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