topic Re: Bankruptcy in Credit Cards

Bankruptcy

Anonymous — Mon, 13 Apr 2015 13:07:44 GMT

Twenty one years ago I declared bankruptcy. I did manage to get back on my feet and have been debt free for the past ten years. Fast forward to 2015, I tried to pre-qual for a Cap.one card. Cap one's web site stated in no uncertain terms " If you used Cap. One for a prior bankruptcy filing you may not qualify for our credit cards" I looked up my old bankruptcy filing, and sure enough Cap one was listed. My questions are 1. Has anyone ever had an experience with an app for a credit card like this? 2. Is this a routine statement from Cap. one, or was I targeted by Cap one because of a misfortune years ago?

Re: Bankruptcy

Anonymous — Mon, 13 Apr 2015 16:19:49 GMT

@Anonymous wrote:
Twenty one years ago I declared bankruptcy. I did manage to get back on my feet and have been debt free for the past ten years. Fast forward to 2015, I tried to pre-qual for a Cap.one card. Cap one's web site stated in no uncertain terms " If you used Cap. One for a prior bankruptcy filing you may not qualify for our credit cards" I looked up my old bankruptcy filing, and sure enough Cap one was listed. My questions are 1. Has anyone ever had an experience with an app for a credit card like this? 2. Is this a routine statement from Cap. one, or was I targeted by Cap one because of a misfortune years ago?

For a BK that old, and assuming your credit is in good shape currently, you will have no trouble getting back in with Cap One. They are very forgiving, and many people have gotten their cards again with BK's much more recent.

Re: Bankruptcy

NYFan63 — Mon, 13 Apr 2015 18:03:13 GMT

@Anonymous wrote:
Twenty one years ago I declared bankruptcy. I did manage to get back on my feet and have been debt free for the past ten years. Fast forward to 2015, I tried to pre-qual for a Cap.one card. Cap one's web site stated in no uncertain terms " If you used Cap. One for a prior bankruptcy filing you may not qualify for our credit cards" I looked up my old bankruptcy filing, and sure enough Cap one was listed. My questions are 1. Has anyone ever had an experience with an app for a credit card like this? 2. Is this a routine statement from Cap. one, or was I targeted by Cap one because of a misfortune years ago?

I had included Cap1 in my BK7 discharged in Jan 2010 and I have (3) CC's with approx $6.5k in credit with them. I think you should be fine...