topic Re: Post BK Citibank experience in Credit Card Applications

Post BK Citibank experience

Anonymous — Thu, 19 Mar 2015 21:50:04 GMT

What's anyone's experience getting a Citibank approval after bankruptcy?

If it makes a difference, I'm 3 years post BK7 and didn't burn Citibank in the BK.

I was hoping for a Home Depot card in a month or so to buy a new refridgerator for our, hopefully, new house.

My closest Lowe's is a couple hours away.

Re: Post BK Citibank experience

ojefferyo — Thu, 19 Mar 2015 22:24:17 GMT

@Anonymous wrote:
What's anyone's experience getting a Citibank approval after bankruptcy?

If it makes a difference, I'm 3 years post BK7 and didn't burn Citibank in the BK.

I was hoping for a Home Depot card in a month or so to buy a new refridgerator for our, hopefully, new house.

My closest Lowe's is a couple hours away.

I hear that Citi is not very BK friendly

Re: Post BK Citibank experience

FinStar — Thu, 19 Mar 2015 22:29:00 GMT

@ojefferyo wrote:
@Anonymous wrote:
What's anyone's experience getting a Citibank approval after bankruptcy?

If it makes a difference, I'm 3 years post BK7 and didn't burn Citibank in the BK.

I was hoping for a Home Depot card in a month or so to buy a new refridgerator for our, hopefully, new house.

My closest Lowe's is a couple hours away.
I hear that Citi is not very BK friendly

I concur. I think some folks eventually can get Home Depot around ~5 years post-BK and most of their mainline Citi Cards around ~6 years post-BK. This of course is a YEMV situation. If you didn't burn them, then your chances would slightly improve over time.

Re: Post BK Citibank experience

Anonymous — Thu, 19 Mar 2015 22:34:36 GMT

^^ That's what I was afraid of.

I think I'll skip a wasted hard pull and borrow Dad's truck when the time comes.

Re: Post BK Citibank experience

FinStar — Thu, 19 Mar 2015 22:38:37 GMT

@Anonymous wrote:
^^ That's what I was afraid of.

I think I'll skip a wasted hard pull and borrow Dad's truck when the time comes.

On the other hand, have you considered Lowes (Synchrony) or Menards (Capital One) as an alternative? They tend do be a little bit more flexible with BK, especially if you did not IIB. There's been several individuals who have been approved for Lowe's within a few years post-BK. If your overall credit profile supports it, then it's worth a try.

Re: Post BK Citibank experience

Anonymous — Thu, 19 Mar 2015 22:46:57 GMT

@FinStar wrote:
@Anonymous wrote:
^^ That's what I was afraid of.

I think I'll skip a wasted hard pull and borrow Dad's truck when the time comes.
On the other hand, have you considered Lowes (Synchrony) or Menards (Capital One) as an alternative? They tend do be a little bit more flexible with BK, especially if you did not IIB. There's been several individuals who have been approved for Lowe's within a few years post-BK. If your overall credit profile supports it, then it's worth a try.

That's what I was, rather inelegantly, referring to with "Dad's truck". We have to drive a couple of hours to get to the nearest Lowes... so no free delivery from them. But they're my next best option. It'll be my first ever new fridge (vs. came with the apartment or purchased used).

Closest Menards is over 1200 miles away, so... nope. LOL.

Re: Post BK Citibank experience

ojefferyo — Thu, 19 Mar 2015 23:15:04 GMT

@Anonymous wrote:
@FinStar wrote:
@Anonymous wrote:
^^ That's what I was afraid of.

I think I'll skip a wasted hard pull and borrow Dad's truck when the time comes.
On the other hand, have you considered Lowes (Synchrony) or Menards (Capital One) as an alternative? They tend do be a little bit more flexible with BK, especially if you did not IIB. There's been several individuals who have been approved for Lowe's within a few years post-BK. If your overall credit profile supports it, then it's worth a try.
That's what I was, rather inelegantly, referring to with "Dad's truck". We have to drive a couple of hours to get to the nearest Lowes... so no free delivery from them. But they're my next best option. It'll be my first ever new fridge (vs. came with the apartment or purchased used).

Closest Menards is over 1200 miles away, so... nope. LOL.

Wow a few hours away, Lowes is all over the place around here in the Bay Area

Re: Post BK Citibank experience

Anonymous — Thu, 19 Mar 2015 23:25:10 GMT

@ojefferyo wrote:
@Anonymous wrote:
@FinStar wrote:
@Anonymous wrote:
^^ That's what I was afraid of.

I think I'll skip a wasted hard pull and borrow Dad's truck when the time comes.
On the other hand, have you considered Lowes (Synchrony) or Menards (Capital One) as an alternative? They tend do be a little bit more flexible with BK, especially if you did not IIB. There's been several individuals who have been approved for Lowe's within a few years post-BK. If your overall credit profile supports it, then it's worth a try.
That's what I was, rather inelegantly, referring to with "Dad's truck". We have to drive a couple of hours to get to the nearest Lowes... so no free delivery from them. But they're my next best option. It'll be my first ever new fridge (vs. came with the apartment or purchased used).

Closest Menards is over 1200 miles away, so... nope. LOL.
Wow a few hours away, Lowes is all over the place around here in the Bay Area

They're all over western Washington too... until you get to the Olympic Peninsula. I'll go two counties over, they have two.

Re: Post BK Citibank experience

Anonymous — Thu, 19 Mar 2015 23:30:46 GMT

Have you checked Home Depot's pre-qualifier?

Re: Post BK Citibank experience

pizza1 — Fri, 20 Mar 2015 02:14:47 GMT

@Anonymous wrote:
Have you checked Home Depot's pre-qualifier?

THIS!! Go to the HD website...scroll down to the Home Depot credit card, and scroll to bottom, youll see the prequalifier...fill it out!!!

Re: Post BK Citibank experience

Anonymous — Fri, 20 Mar 2015 02:31:20 GMT

Been there. Been denied that.

Re: Post BK Citibank experience

darkknight59 — Sat, 21 Mar 2015 22:27:05 GMT

CreditFitnessToo wrote:

What's anyone's experience getting a Citibank approval after bankruptcy?

If it makes a difference, I'm 3 years post BK7 and didn't burn Citibank in the BK.

I was hoping for a Home Depot card in a month or so to buy a new refridgerator for our, hopefully, new house.

My closest Lowe's is a couple hours away.

I had a CH13 which was 6 month out from falling off from the 7 year mark with scores in the low 700's and was denied due to BK still showing. Once it fell off, instant approval for CITI Prestige with 22k limit.

Re: Post BK Citibank experience

Anonymous — Sun, 22 Mar 2015 00:03:49 GMT

@pizza1 wrote:
@Anonymous wrote:
Have you checked Home Depot's pre-qualifier?
THIS!! Go to the HD website...scroll down to the Home Depot credit card, and scroll to bottom, youll see the prequalifier...fill it out!!!

Does this mean I'm good to go?

Re: Post BK Citibank experience

Anonymous — Sun, 22 Mar 2015 01:21:28 GMT

No prequal is 100% but I think this one is pretty solid. I was pre approved, apped and instant approval. I think I read some other posts somewhere about being pre qualified and then approved. As always, YMMV.

Re: Post BK Citibank experience

Anonymous — Sun, 22 Mar 2015 01:24:20 GMT

@Anonymous wrote:
@pizza1 wrote:
@Anonymous wrote:
Have you checked Home Depot's pre-qualifier?
THIS!! Go to the HD website...scroll down to the Home Depot credit card, and scroll to bottom, youll see the prequalifier...fill it out!!!
Does this mean I'm good to go?

Wow the APR is a killer, but if you PIF no issue..

Re: Post BK Citibank experience

gdale6 — Sun, 22 Mar 2015 01:31:32 GMT

Its possible to get store branded cards while being BL for Citibanks mainline cards. Im BLfrom any of Citibanks mainline cards for IIB 18K in 1996 but I can get any co branded store card as they are issued by CitiFinancial and not the bank proper. While the bank itself pretty much detests BKs on file, the financial arm is more lienient.

Re: Post BK Citibank experience

Anonymous — Sun, 22 Mar 2015 15:04:20 GMT

@Anonymous wrote:
@pizza1 wrote:
@Anonymous wrote:
Have you checked Home Depot's pre-qualifier?
THIS!! Go to the HD website...scroll down to the Home Depot credit card, and scroll to bottom, youll see the prequalifier...fill it out!!!
Does this mean I'm good to go?

I would go for it. But that's just me.

Re: Post BK Citibank experience

Anonymous — Sun, 22 Mar 2015 17:47:08 GMT

Nah, it's just good enough that they like me. I'll add the screenshot to my SCT collection.

Re: Post BK Citibank experience

DaveInAZ — Sun, 22 Mar 2015 18:50:59 GMT

@gdale6 wrote:
Its possible to get store branded cards while being BL for Citibanks mainline cards. Im BLfrom any of Citibanks mainline cards for IIB 18K in 1996 but I can get any co branded store card as they are issued by CitiFinancial and not the bank proper. While the bank itself pretty much detests BKs on file, the financial arm is more lienient.

Wow, almost 20 years and still BL'd???? Guess I'd better plan on never doing biz with them again for a mainline card, $18k is about what I IIB on Citi in 2010. Oh well, plenty of other CC issuers willing to forgive & forget. I doubt if they'd even approve for a store card, but I got in through the back door, they bought the Best Buy store & MC portfolio a couple years ago, and I had a BB MC originally issued by HSBC. Citi did approve a $1k CLI on it last fall, much to my surprise..

Re: Post BK Citibank experience

DaveInAZ — Sun, 22 Mar 2015 19:04:01 GMT

@Anonymous wrote:
@Anonymous wrote:
@pizza1 wrote:
@Anonymous wrote:
Have you checked Home Depot's pre-qualifier?
THIS!! Go to the HD website...scroll down to the Home Depot credit card, and scroll to bottom, youll see the prequalifier...fill it out!!!
Does this mean I'm good to go?

Wow the APR is a killer, but if you PIF no issue..

Most store cards still charge outrageous interest, but I doubt if they actually earn much interest, most folks PIF or use them for deferred interest. I think Lowes is a better deal than HD, they offer 6 mos ferred interest on purchases of $299+, and regularly run promos offering 9-12 mos deferred interest. I have deferred interest until 9/2015 for a $500 purchase of laminate flooring made in late Jan, and I get 5% discount on smaller purchases by using the card. Just PIF, or you wipe out that discount in a hurry.

And I like Lowes much better than HD. Both are comparable in products & price, but at HD you'd better know exactly what you need and where it is in the store, as finding a sales associate is about as hard to find as it is the elusive snipe. Easy to find an associate at Lowes who will point you in the right direction or explain your options for what you need.