New Member
happyc01
Posts: 3
Registered: ‎09-16-2012
Filed for Chpt 7 awaiting discharge

So I bit the bullet and filed chapter 7 Aug 8 2012...   I had my meeting of the creditors Sept 12th... I am so excited because I know I can see the light at the end of the tunnel. I applied for Captial One Platinum and was approved for $300.

 

I applied for credit one and was declined. Dont want to keep applying. Im giving back the car after the discharge is sent. Gonna go to auction and buy a car. Would like to have 2 credit cards but what would you guys advise.

 

Looking forward to the advise:smileyhappy:

New Contributor
4us-
Posts: 90
Registered: ‎08-06-2012
Re: Filed for Chpt 7 awaiting discharge

Congrats on the Cap1 card!  I'm afraid to apply to them, I included them in my bk.  Most of the advice I have seen on here is to join a credit union and to get a secured CC.  Good luck on your journey!!

BK Filed 7/1/12 --- EX: 494 EQ: 505 TU: 505
10/12 EX: 599 EQ: 599 TU: 599

BK Discharge 10/23/12
Cap1 $3000 (AU) / NFCU Visa $500

GOAL #1: 660
Established Contributor
aussiesareforever
Posts: 740
Registered: ‎10-04-2010
Re: Filed for Chpt 7 awaiting discharge

happyc01 wrote:

So I bit the bullet and filed chapter 7 Aug 8 2012...   I had my meeting of the creditors Sept 12th... I am so excited because I know I can see the light at the end of the tunnel. I applied for Captial One Platinum and was approved for $300.

 

I applied for credit one and was declined. Dont want to keep applying. Im giving back the car after the discharge is sent. Gonna go to auction and buy a car. Would like to have 2 credit cards but what would you guys advise.

 

Looking forward to the advise:smileyhappy:


I had only one credit card for almost three years post bk. It was also a capital one. It worked fine for me and I was able to get other cards fairly easily after that point. At the bare minimum, I recommend using your capital one for at least six months, building some history and applying for another card. Your local credit union is almost always a great place to look.

BK in 2008, after making very stupid financial decisions.

Barclay's Apple Financing Card ($6400) --- Capital One Quicksilver ($10,000)---GEMB CareCredit ($5700) --- AUFCU ($10000)--- Walmart ($5000)

FICO Scores: TU 735 EQ 709 EX 740 (Feb 2013, all pulled by lender)