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BCU is Recent BK Friendly! (Those within the Wisconsin/Illinois region.)

Anonymous514
Established Contributor

BCU is Recent BK Friendly! (Those within the Wisconsin/Illinois region.)

I wanted to start this thread because in August 2019 when I got my Chapter 7 BK Discharge I barely found info on this Credit Union! I had only looked into it because I remembered family members use to use them. And sure enough a few days after Discharge I came across the BCU Launch card. You put as little as $150 into the deposit to secure it. I put the 150$ in. Well throughout the year following (2020) I used it and PIF every month usually. I increased it with another 150$ in about March or April can't remember. So I had the 300$. Well August 21, 2020 was the year mark so I was like ok. I am gonna apply for a refinance on my car so I will first tackle the Launch CC. So I call in and ask to apply for the Travel Rewards Visa. A few hours later they send this. 

·         New! Credit Line: $2,000.00

·         Contract APR: 16.250% APR.

So I closed the launch and got my 300$ back. With that Launch Card opening that door I have refinanced my car from 20%+ to a 4.49% apr. I have increased my Travel Visa to 5k and am getting the Signature status hopefully by the end of today. And a couple days ago opened a BCU Cash Rewards Card with this 

Congratulations! We are pleased to inform you that your application for a BCU Credit Card has been approved. Your new card(s) has been ordered and you can expect to receive it within 7 business days. Here are some details on your new account:

·         New! Credit Line: $2,000.00

·         Contract APR: 14.750% APR

 

Seriously guys. This CU is amazing and I got all of this within the last year since my BK7 Discharge August 14,2020.

4 REPLIES 4
DebtStinks
Established Contributor

Re: BCU is Recent BK Friendly! (Those within the Wisconsin/Illinois region.)

Congrats on your:

 

Rebuild,

ApprovalSSSSSSS,

Huge reduction in auto loan APR.

 

Best of luck going forward!

 

PenFed Visa Signature $35000 (Opened 6/20) - NFCU More Rewards AMEX (Opened 1/19) $17000 - NFCU Platinum $15000 (Opened 1/21) - Capital One World Elite MC $11200 (Opened 11/17) - TTCU Platinum Visa $10000 (Opened 10/18) - Uber Visa $5000 (Opened 1/19) - Target Store Card $2000 (Opened 10/18) - Floor & Decor Store Card $36500 (Opened 10/18)
Total CL - $131700

CH7 BK Filed 8/1/17 Discharged 11/7/17

Scores as of 2/18/21:




Inquiries Last 12 Months:
Message 2 of 5
AllZero
Super Contributor

Re: BCU is Recent BK Friendly! (Those within the Wisconsin/Illinois region.)

Congratulations on your approvals!
Message 3 of 5
thornback
Senior Contributor

Re: BCU is Recent BK Friendly! (Those within the Wisconsin/Illinois region.)

Congrats on your progress this year! I'm so glad you found a solid lender for your rebuild. Wishing you a Happy New Year 🥂

Personal Aphorism:
"Forget What You Feel, Remember What You Deserve"


Starting FICO 8s | 09/2017: EX 641 ✦ EQ 634 ✦ TU 647
Current FICO 8s | 11/2020: EX 780 ✦ EQ 771 ✦ TU 781
Current FICO 9s | 11/2020: EX 793 ✦ EQ 780 ✦ TU 778
2020 Goal Score | 800s


My AAoA: 3.8 years not incl. AU / 4 years incl. AU
My AoOA: 7.10 years not incl. AU / 9.10 years incl. AU
Inquiries: EX 0/6 | 1/12 ✦ EQ 1/6 | 2/12 ✦ TU 0/6 | 1/12
Report Status: Clean


Without patience, we will learn less in life. We will see less. We will feel less. We will hear less. Ironically, rush and more usually mean less.
Message 4 of 5
Yeliaba1
Frequent Contributor

Re: BCU is Recent BK Friendly! (Those within the Wisconsin/Illinois region.)

Congratulations on your success!

Message 5 of 5
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