topic Re: Capital One 1 week after chapter 7 discharge in Bankruptcy

Capital One 1 week after chapter 7 discharge

Anonymous — Sun, 28 Mar 2021 02:30:48 GMT

Hi everyone I wanted to share my weird and unbelievable story with capital one lol

I filed for ch7 in december and received my discharge a week ago. I haven't received my papers yet but it shows on all my credit reports. I wanted to rebuild my credit so decided to shop around for a secured credit card. I considered multiple options (Open Sky, Merric, premier...) but also checked capital one's prequalify page even though I didn't think I have any chances (Burnt them 6K in bk). To my surprise I got prequalified for Quick Silver! I couldn't believe it honestly but I was stupid enough to risk the 3hps and apply and I got approved for 3K !!!!!!! The APR is high 26.99% but I couldn't believe they let in again a week after discharge considering the fact that my Venture One 6K was charged off prior to the bk! I'm super happy honestly and still can't believe what happened lol

Re: Capital One 1 week after chapter 7 discharge

AllZero — Sun, 28 Mar 2021 02:31:54 GMT

Congratulations on your approval! Good luck on your credit journey.

Re: Capital One 1 week after chapter 7 discharge

Anonymous — Sun, 28 Mar 2021 02:35:19 GMT

Thank you very much!

Re: Capital One 1 week after chapter 7 discharge

Shooting-For-800 — Sun, 28 Mar 2021 14:40:42 GMT

Yep!

CapOne can be very forgiving.

Use it, pay it, grow it.

Congrats!

Re: Capital One 1 week after chapter 7 discharge

Papa_Bear — Sun, 28 Mar 2021 16:20:53 GMT

Congrats and good luck on the journey!

Re: Capital One 1 week after chapter 7 discharge

Honeykissez — Sun, 28 Mar 2021 21:19:07 GMT

Congratulations 🎊🎈. Cap 1 still won't let me back in and I'm 7 months post. I burned them for around 6k I believe.

Re: Capital One 1 week after chapter 7 discharge

anniea4001 — Mon, 29 Mar 2021 14:57:05 GMT

@Anonymous

Congrats on the approval.

If you do some reading here in the forums you will be surprised of how many stories like yours you can find.

CapOne seems to be the most forgiving as far as I can tell. If not THE most.

I was approved the day after my discharged for 3k as well.

It seems to be the rule that CapOne will let you back in as long as your charge off or account included in BK (whichever one was first) is at least a year old. In my case I had 2 charge offs with them like 4 years prior to filling. As much as I refused to file for BK and tried to play catch up, I ended up having to file anyway.

Good luck on your rebuild.

Re: Capital One 1 week after chapter 7 discharge

DebtStinks — Mon, 29 Mar 2021 20:46:56 GMT

@Honeykissez @Anonymous

Ditto what @anniea4001 said. Cap1 is VERY forgiving, but one HARD rule they have (as of now) is 12 or more months have passed since charge off or BK filing, based on whichever came first.

Best of luck in your rebuild @Anonymous .

I hope this helps @Honeykissez

Re: Capital One 1 week after chapter 7 discharge

kittycreditmeow — Tue, 30 Mar 2021 01:53:45 GMT

Congratulations on the approval! Capital One was my first CC after my ch 7 discharge. They gave me the platinum for $300. 3k is very generous. Nice work.

Re: Capital One 1 week after chapter 7 discharge

angelofmusic86 — Thu, 01 Apr 2021 20:58:56 GMT

Congrats and good luck on your rebuild journey!

Re: Capital One 1 week after chapter 7 discharge

Royalbacon — Sun, 04 Apr 2021 07:46:57 GMT

Capital One was my first approval too directly after my Chapter 7 Discharge! I got $3k as well!!!

Congrats and best of luck with the rebuild!!!