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BK7 to 700 in less than 2 Years & a Question

antek537
New Member

BK7 to 700 in less than 2 Years & a Question

Hello all,

 

Long time lurker, first time poster.

 

First off, thank you to everyone on here. Such a great community! 

 

In the begining of 2015 I had the following. 

 

2x - 20K Personal Loans from CUs (DCU and Small Local CU) 

5x - Chase Cards 40k ish in Limits and a NPSL 

1 - Discover It 5K CL 

3x - Citi 20K ish in Limits

3x - Cap 1 - 30Kish CL 

3x - Barclays 10kish CL 

2x - Wells Fargo 9K CL

2x - Amex 5K ish CL 

1x - Macys Store Card 1.5k CL 

1x - Honda FInancial Lease (reaffirmed) 

1x - Chase AU (16k CL, unaffected by BK) 

 

Anyway Oct 2015 i had to go BK7. Unfortunately, my attorney said not to pay pre BK and ofcourse, pre BK things went 120 Days oh well. Burned em all. 

Started 2015 with 740ish scores

 

Discharged Jan 2016

Score droped to mid 500s 

 

I used LexingtonLaw to clean stuff up for 6 months, got IIB off EQ and TU, EX is a stickler and didn't budge 

 

Started with Merrick, Credit One, MileStone, 1 Yr post BK got Cap 1 (3k Limit) 

 

Started by business July 2016. 

 

Unfortunately, until recently, there has been significant utilization. in the last month, i paid off most of my CC debt except for my Cap1.

 

Joined PenFed, instantly approved for 5K personal consolidation loan. and small Thrifty Limit. They approved a car loan also. 

 

Paid off Cap 1 and joined a small CU, pre approved for 2k Limit. 8.5%

 

3 Days ago, got pre approval from Cap1 for the new premier dining card, instant approved 10K CL WEMC 

also applied for Spark, Instant approval 7.5k CL. Visa Signiture (LLC but no I have no known trade lines)

 

Apped for Barclays and recon'd they said i was blacklisted. No HP

Apped for Discover, Decline - NO HP recon tomorrow. 

Apped Citizens Bank - 10 days will recon tomorrow 

 

Probably hitting the garden soon, but any thoughts on where i could go next? 

Also, thinking of closing Milestone, Credit1, Milestone (2.8kish CL total, should be fine to close now right?) 

 

I'd love to get a few trade lines established for the business. I'd rather no PG obviously, but i'm more concerned with establishment. 

 

FICO9 EX 701 9/17 

 

Anyway, just thought i'd share. 

 

 

 

 

 

Message 1 of 8
7 REPLIES 7
ezy20004
Valued Member

Re: BK7 to 700 in less than 2 Years & a Question

How do you get the high limits?

 

Im still trying to figure that out.  I have Cap1 Discover IT and make good money

 


Starting Score: EQ 501 TU 505 EX 510
Current Score: EQ 719 TU 685 EX 675
Goal Score: 700 Across the Board!


Take the FICO Fitness Challenge
Message 2 of 8
rako
Established Member

Re: BK7 to 700 in less than 2 Years & a Question

you can dispute items included in bankruptcy??

DISC 8/14/17: EQU: 494 TRS: 469 EXP: 492
GOAL: GET BACK TO 760
CURRENT: EQU: 598 TRS: 624 EXP: 605
Credit Karma: TRS: 678 EQU: 652
Rebuild Progress: PENFED Member, Chase Checking Account, Credit One Unsecured 300, Milestone Gold Unsecured 300, Sonoma Williams Comenity 250
Message 3 of 8
NormanFH
Super Contributor

Re: BK7 to 700 in less than 2 Years & a Question

You can dispute *anything* that is not reporting correctly.

Most Recent FICO 8 Scores EX616/TU587/EQ607 01/09/2018 Starting scores 553/485/543 08/25//2017
~~~Credit lines~~~~
SDFCU VISA Secured $250
Discover Secured $200
Message 4 of 8
klarae13
Member

Re: BK7 to 700 in less than 2 Years & a Question


 

I used LexingtonLaw to clean stuff up for 6 months, got IIB off EQ and TU, EX is a stickler and didn't budge 

 


Im confused, how do you get the IIB off EQ and TU when you did in fact get discharged?  isnt the info correct?  you went from 500s to 700 in a little over a year, so id like to follow your lead with the Lexington law process.  do you own your home? and what is your appx. income or income range if you dont mind me asking.  I have a joint car loan with DH...I applied for a credit one and nfcu card.  was approved for 300 on the credit one and waiting to hear on navy.  but since reading your post, I am thinking to stop apping and go the lexington law route for 6 months.

Filed BK7 6/20/17 CR 459:
Discharged: 9/26/17 EX 500, TU 509, EQ 576
GOAL: 720
Goal mortgage by October 2019

auto loan 28k
Oct. 2018




Credit one $450 Credit one $800 Navy Fed cash rewards $1000 Discover It $1500 AutoAdvantage $1200
Message 5 of 8
Scupra
Super Contributor

Re: BK7 to 700 in less than 2 Years & a Question


@klarae13 wrote:

 

I used LexingtonLaw to clean stuff up for 6 months, got IIB off EQ and TU, EX is a stickler and didn't budge 

 


Im confused, how do you get the IIB off EQ and TU when you did in fact get discharged?  isnt the info correct?  you went from 500s to 700 in a little over a year, so id like to follow your lead with the Lexington law process.  do you own your home? and what is your appx. income or income range if you dont mind me asking.  I have a joint car loan with DH...I applied for a credit one and nfcu card.  was approved for 300 on the credit one and waiting to hear on navy.  but since reading your post, I am thinking to stop apping and go the lexington law route for 6 months.


Lexington Law uses some questionable dispute practices. They do absolutely NOTHING someone couldn't do on their own, just remember that. Obviously there is no one size fits all, so some choose to use them.

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
759 EQ FICO 03/2021
754 TU FICO 03/2021
743 EX FICO 03/2021
$29k NFCU Platinum | $30k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE | AMEX Gold
Message 6 of 8
klarae13
Member

Re: BK7 to 700 in less than 2 Years & a Question

 
Filed BK7 6/20/17 CR 459:
Discharged: 9/26/17 EX 500, TU 509, EQ 576
GOAL: 720
Goal mortgage by October 2019

auto loan 28k
Oct. 2018




Credit one $450 Credit one $800 Navy Fed cash rewards $1000 Discover It $1500 AutoAdvantage $1200
Message 7 of 8
klarae13
Member

Re: BK7 to 700 in less than 2 Years & a Question

thanks!  After some research, I did decide against Lexington Law based on their reviews.  I will try on my own.  Equifax shows my BK as filed on 6/1/2020... so I will be doing some disputing on my own.

thanks again.

Filed BK7 6/20/17 CR 459:
Discharged: 9/26/17 EX 500, TU 509, EQ 576
GOAL: 720
Goal mortgage by October 2019

auto loan 28k
Oct. 2018




Credit one $450 Credit one $800 Navy Fed cash rewards $1000 Discover It $1500 AutoAdvantage $1200
Message 8 of 8
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