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Established Contributor
MountainHiker
Posts: 644
Registered: ‎08-07-2012

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

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‎08-11-2012 07:21 PM

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
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Valued Contributor
trumpet-205
Posts: 1,915
Registered: ‎11-11-2010

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

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‎08-11-2012 07:25 PM

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 TY Preferred (05/2011) | BofA Travel Rewards (07/2011) | Chase Freedom (11/2011)
GECRB/PayPal (05/2012) | Discover it (07/2012) | US Bank Cash Reward (08/2012) | AMEX BCE (09/2012)
Target (10/2012) | Chase Ink Classic (11/2012) | BofA Balance Rewards (04/2013)
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Frequent Contributor
n777ua
Posts: 472
Registered: ‎05-29-2011

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

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‎08-11-2012 07:26 PM

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 Business Gold NPSL, Chase Ink Bold $15k (flex) Chase United $5k, Chase Sapphire Preffered $21k, Citi Diamond $13.3k, Citi TY Preferred $10.5k, Virgin Atlantic Amex $8k, Discover Motiva $6k, Boa World Elite $10k, US Bank Visa $4.1k, GE Amazon $3.4k, GE Lowes $6k, BillMeLater $4k, Target $.2k, CapOne $.5k Von Maur NPSL,
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Valued Contributor
trumpet-205
Posts: 1,915
Registered: ‎11-11-2010

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

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‎08-11-2012 07:28 PM

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 TY Preferred (05/2011) | BofA Travel Rewards (07/2011) | Chase Freedom (11/2011)
GECRB/PayPal (05/2012) | Discover it (07/2012) | US Bank Cash Reward (08/2012) | AMEX BCE (09/2012)
Target (10/2012) | Chase Ink Classic (11/2012) | BofA Balance Rewards (04/2013)
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Regular Contributor
pozativelyliving
Posts: 237
Registered: ‎07-13-2012

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

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‎08-11-2012 07:28 PM

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.
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Valued Contributor
trumpet-205
Posts: 1,915
Registered: ‎11-11-2010

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

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‎08-11-2012 07:32 PM

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 TY Preferred (05/2011) | BofA Travel Rewards (07/2011) | Chase Freedom (11/2011)
GECRB/PayPal (05/2012) | Discover it (07/2012) | US Bank Cash Reward (08/2012) | AMEX BCE (09/2012)
Target (10/2012) | Chase Ink Classic (11/2012) | BofA Balance Rewards (04/2013)
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Frequent Contributor
n777ua
Posts: 472
Registered: ‎05-29-2011

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

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‎08-11-2012 07:32 PM

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 Business Gold NPSL, Chase Ink Bold $15k (flex) Chase United $5k, Chase Sapphire Preffered $21k, Citi Diamond $13.3k, Citi TY Preferred $10.5k, Virgin Atlantic Amex $8k, Discover Motiva $6k, Boa World Elite $10k, US Bank Visa $4.1k, GE Amazon $3.4k, GE Lowes $6k, BillMeLater $4k, Target $.2k, CapOne $.5k Von Maur NPSL,
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Regular Contributor
Madman94044
Posts: 137
Registered: ‎07-01-2012

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

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‎08-11-2012 07:33 PM

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

 

Theres only one way to find out :smileyhappy:

Staring Score:EQ 649 TU 647 EX 644
Current Score: EQ 757 TU 712 EX 712, Amex pull
Goal Score: 720
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 $6000 Discover More $1200.
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Established Contributor
MountainHiker
Posts: 644
Registered: ‎08-07-2012

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

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‎08-11-2012 08:13 PM

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
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Frequent Contributor
n777ua
Posts: 472
Registered: ‎05-29-2011

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

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‎08-11-2012 08:15 PM

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 Business Gold NPSL, Chase Ink Bold $15k (flex) Chase United $5k, Chase Sapphire Preffered $21k, Citi Diamond $13.3k, Citi TY Preferred $10.5k, Virgin Atlantic Amex $8k, Discover Motiva $6k, Boa World Elite $10k, US Bank Visa $4.1k, GE Amazon $3.4k, GE Lowes $6k, BillMeLater $4k, Target $.2k, CapOne $.5k Von Maur NPSL,
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