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Established Contributor
Posts: 651
Registered: ‎08-07-2012
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Which CC company is more forgiving 4 past collections & new approval?

TU-FICO 705,EX-Plus 710,EQ-FICO 708

 

Those are the numbers.Another fact is that I have unpaid 8 year old debt that has fallen off my credit report, with the companies I want to get a new card with.Which companies in your experience are more forgiving with old debt and willing to look past unpaid debt and approve a new credit card?

 

Here is a list:

 

Saphire Chase, Or AnyChase reward point Card. (Had a unpaid Circuit City Chase)

 

Any American Express card but preferrably a Blue (Had a unpaid Blue)

 

I had a few Cap1's but I really don't want them again mainly because of access in customer service.

 

What CC companies do you believe are more forgiving?

Thanks

 

 

 

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Valued Contributor
Posts: 2,528
Registered: ‎11-11-2010
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Re: Which CC company is more forgiving 4 past collections & new approval?

Cap 1 is very forgiving. Chase can be forgiving, but any unpaid debt must be first paid.

 

AMEX is not forgiving if you burned them in the past. Either AMEX blacklist you or you will be stuck with a low limit.

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Established Contributor
Posts: 573
Registered: ‎05-29-2011
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Re: Which CC company is more forgiving 4 past collections & new approval?

I think Amex blacklists forever, you may have to satisfy the debt to ever get back in with them.

Amex Green NPSL, Amex BCE $19.7k, Amex HH Surpass $11.3k, Amex Simply Cash Business $3k, Chase Ink Bold $15k (flex)Chase Sapphire Preffered $26k, Citi Diamond $13.3k, Citi TY Preferred $10.5k, Virgin Atlantic Amex $8k, Discover Motiva $10k, Boa World Elite $10k, US Bank Visa $4.1k, GE Amazon $4k, GE Lowes $6k, BillMeLater $5.3k, Target $.2k, CapOne $2k Von Maur NPSL,
Valued Contributor
Posts: 2,528
Registered: ‎11-11-2010
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Re: Which CC company is more forgiving 4 past collections & new approval?


n777ua wrote:

I think Amex blacklists forever, you may have to satisfy the debt to ever get back in with them.


If you are blacklisted, AMEX does not welcome you back even if debt is paid.

 

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Regular Contributor
Posts: 237
Registered: ‎07-13-2012
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Re: Which CC company is more forgiving 4 past collections & new approval?

Even if the dept was in a BK?

EX 638 (Lender 9/1) TA 650(Walmart 9/1) EQ 655 (FICO - 9/17)
Goal - 700 Club in '13!!!

My Wallet - Cap 1 - $300. Cap 1 - $750. Orchard - $950.
New as of 8/29 - Target - $3000. Barclay's - $2000. Merrick - $1000. Walmart $600. And as of 9/22 - JCP $200.
Valued Contributor
Posts: 2,528
Registered: ‎11-11-2010
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Re: Which CC company is more forgiving 4 past collections & new approval?


pozativelyliving wrote:

Even if the dept was in a BK?


If you had a collection or BK with AMEX before, you chance of getting back to AMEX is slim. Even if you managed to get back to AMEX you will be stuck with a low limit with very slim chance of CLI.

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Established Contributor
Posts: 573
Registered: ‎05-29-2011
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Re: Which CC company is more forgiving 4 past collections & new approval?

Amex is NOT BK friendly, there are countless posts on here about this.  Even after the 10 years goes by, you'll still be in their system.  They never forget.

 


pozativelyliving wrote:

Even if the dept was in a BK?




Amex Green NPSL, Amex BCE $19.7k, Amex HH Surpass $11.3k, Amex Simply Cash Business $3k, Chase Ink Bold $15k (flex)Chase Sapphire Preffered $26k, Citi Diamond $13.3k, Citi TY Preferred $10.5k, Virgin Atlantic Amex $8k, Discover Motiva $10k, Boa World Elite $10k, US Bank Visa $4.1k, GE Amazon $4k, GE Lowes $6k, BillMeLater $5.3k, Target $.2k, CapOne $2k Von Maur NPSL,
Regular Contributor
Posts: 142
Registered: ‎07-01-2012
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Re: Which CC company is more forgiving 4 past collections & new approval?

I had a prior CO w/ Chase got aproved today for a Freedom Card w/ $4000 limit.

 

Theres only one way to find out Smiley Happy

Staring Score:EQ 649 TU 647 EX 644
Current Score: EQ 786 TU 699 EX 746
Goal Score: 800
Wallet: SF Fire CU $5000 CL Chase Freedom 4000 CL, Chase MP $5000, WellsFargo $6000 CL, Amex Gold NPSL, Cap1 CashRewards $2500 CL, Amex BCP $12000 Discover More $1200 CSP 18000
Established Contributor
Posts: 651
Registered: ‎08-07-2012
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Re: Which CC company is more forgiving 4 past collections & new approval?


trumpet-205 wrote:

Cap 1 is very forgiving. Chase can be forgiving, but any unpaid debt must be first paid.

 

AMEX is not forgiving if you burned them in the past. Either AMEX blacklist you or you will be stuck with a low limit.


What about BofA? Are they forgiving?

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Established Contributor
Posts: 573
Registered: ‎05-29-2011
0

Re: Which CC company is more forgiving 4 past collections & new approval?

Its true about CapOne...I've hosed them several times in the past and still got a new card with a $500 limit recently.  Just be prepeared for 3 HP's when you apply, one for each report.

Amex Green NPSL, Amex BCE $19.7k, Amex HH Surpass $11.3k, Amex Simply Cash Business $3k, Chase Ink Bold $15k (flex)Chase Sapphire Preffered $26k, Citi Diamond $13.3k, Citi TY Preferred $10.5k, Virgin Atlantic Amex $8k, Discover Motiva $10k, Boa World Elite $10k, US Bank Visa $4.1k, GE Amazon $4k, GE Lowes $6k, BillMeLater $5.3k, Target $.2k, CapOne $2k Von Maur NPSL,

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