Posts: 11
Registered: ‎01-08-2013
In a bad way!
I filed BK in Oct 2008, Ch 13. Haven't cared about credit in past :smileysad: BK will dc in Oct this year. Already have several small collections post filing and have no positive credit. I am sending out PFD letters on the collections today and my parents have agreed to AU me on 3 of there cc which have 10k SL and have 20 years history, they utilize perfectly and PIF . My current Fico is 535 but was told that I cannot obtain new credit until BK is dc. Other than the PFD letters am I stuck until Oct. And how much can I expect to gain from the AU accounts?
Valued Contributor
Posts: 3,406
Registered: ‎12-19-2012
Re: In a bad way!
I think credit cards are different. I was approved for a Orchard Bank card in 2009 and my Ch 13 bankruptcy wasn't discharged until Jan 2011. I was also able to get a auto loan in 2008 with Trustee approval. My Ch 13 was filed in 2005 and was deleted from my credit reports Oct 2012.

I think getting added as an AU on those cards will greatly improve your score.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! :smileyhappy: Last App: 4/5/13 Gardening until July 2014