I filed for Chapter 13 in 04/12. It was discharged 04/17. Right now I am starting to look at the landscape and have been pouring over my CRs from any agency I can get one from...I know it will be a slow process, but I'm patient and willing to do it right.
I know all score reports are calcluated differently and that FICO is the gold standard. However, here's where I am confused... why is there such a huge discrepancy between agencies.
FICO = EX 622 / TU 594 / EQ 637
CKarma = EQ 697 / TU 666
Equifax = EX 732 / TU 714 / EQ 712
TU = TU 666
If one looks at my 3 scores from EQ, you'd think things were great -- two scores are good, one very good.
For the most part, my information is the same across all three reports.
I do have a mortgage and it's current and in good standing. It's been sold/transferred twice while in BK. BofA >> Rushmore Loan Management >> Shellpoint (I'd like to refinance it to a lower rate now. My lawyer would not allow it in BK.)
Credit Karma seems to think I could apply for an AMEX Blue Cash Everyday (Good), AMEX Everyday (Good), CapOne Quicksilver (Very Good), CapOne Venture One (Very Good). Even the AMEX Gold with a $500 annual fee shows "Good" chance at approval.
What I really want is to qualify for and be approved for a Hilton Honors AMEX. I spend a ton of $$ at Hlton each year and I'm a Diamond member. However, it's all spent on my corporate PCard. :-)
I'm not in a hurry to appy for anything. Just confused by the scores.
Companies burned: Chase, BofA, State Farm Bank, CapOne -- Oddly, CapOne still shows "Open"
Thanks. Appreciate any and all insights, suggestions.
PS: What does "gardening" mean? I see it often in posts.
We got our BK13 DC in mid-march. We started to rebuild immediately. I didn't start doing research here until midway thru my app spree, but have had a lot of success so far. Like your travel for work and I'm hoping to qualify for a Southwest Airlines card, but fear it'll be a few years. I recommend doing as much research as you can before starting your apps but I've been able to secure cards with the following so far (between my spouse & I). Cap One, Cap one auto loan, Comenity Total Rewards, Discover It, Comenity Sportsmans guide & Overstock.....today I got the best yet with PenFed powercash @ 5k SL! Off to garden I go. There is life after BK
The credit karma scores are vantage scores and are very seldom used. The scores you need t obe concerned with are the Fico scores you can get them through cct (creditcheck total) they have $1 trial or from my fico.