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Bankruptcy Friendly Credit Cards Pt.2

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Anonymous
Not applicable

Re: Bankruptcy Friendly Credit Cards Pt.2

My ch7 discharged in April 2014.

Aug- secured card, merrick, $200 (wish I'd done research & picked one that would graduate..Oh well)

Sept-quicksilver one $500. Just got cli to $1500 today. I burned them in my bk and was surprised they have been so forgiving. I even missed a payment on this card a few months after opening (I've since setup auto pay) and they reversed the fee and didn't report it.

 

October - was denied care credit

 

January - denied care credit again, approved for genesis through my dentist for $300

April - barclay rewards $1300

 

May - capital one platinum $2000

My scores are currently 633/635/655. 

Message 41 of 1,427
Scupra
Super Contributor

Re: Bankruptcy Friendly Credit Cards Pt.2

5/17/15 update included DCU info 

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
801 EQ FICO 06/2022
797 TU FICO 04/2022
793 EX FICO 04/2022
$30k NFCU Platinum | $30.7k 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 | NFCU Platinum #2 $19.3k | Apple $8.5k
Message 42 of 1,427
04Cobra
Frequent Contributor

Re: Bankruptcy Friendly Credit Cards Pt.2

Great list Scupra! Very helpful indeed.

Discover $21k | Venture $20k | Quicksilver $15k | NICU Rewards MC $13.5k | Costco $14.5k | Citi Costco $12.5k | Chase Sapphire Reserve $10k | Barclay Apple $9.6k | Best Buy MC $10k | Merrick Bank Visa (formerly Hooters) $2.6k |
Message 43 of 1,427
Scupra
Super Contributor

Re: Bankruptcy Friendly Credit Cards Pt.2


@04Cobra wrote:

Great list Scupra! Very helpful indeed.


Thanks Cobra! Glad I could help 

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
801 EQ FICO 06/2022
797 TU FICO 04/2022
793 EX FICO 04/2022
$30k NFCU Platinum | $30.7k 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 | NFCU Platinum #2 $19.3k | Apple $8.5k
Message 44 of 1,427
Taoron
Frequent Contributor

Re: Bankruptcy Friendly Credit Cards Pt.2

Scupra, might want to add that for people in the Chicago-area that BCU will grant a secured credit card after bankruptcy. If you make on time payments and add money to the account, after about a year you can open an unsecured line. I recently got a $1000 line 13 months after filing (vs discharge date.)



Message 45 of 1,427
Anonymous
Not applicable

Re: Bankruptcy Friendly Credit Cards Pt.2

My experiance

 

filed bk 7. With DH in August 2014

was discharged December 2014

first credit apps were to capital one I was approved for the quicksilver as well as the platinum cards both with low credit limits of $300 both unsecured.

i applied for Barclays at the same time denied.

so I waited and used my cap1 cards religiously for 5 months paid on time every month and paid the cards in full every month. Sometimes charging the cards to almost max a couple of times a month and paying them off within a few days.

 

this past weekend I paid my balance off on both cards which was around $290 and $295 

sunday once the payment credited to my account I applied for a credit limit increase. I received  an increase on both cards for $500 each. Now I have an $800 on each card.

 

monday I received $500 approval from finger hut. 

Today I had an app spree to try and improve my profil since I'm sitting at 6 months post bk.

i was approved for $1500 credit for Jarred's 

700 Walmart store which I will use frequently for groceries and gas and pay off monthly 

1400 Amazon store card

400 lowes card

 

i got declined for Barclays I called recon and they said it was because my capital 1 card payment had not updated on my credit for this month so they are showing 97% utilization. I will apply to them around December if I want their card at that time.

best buy I was denied

tiresplus denied due to bk

paypal credit denied.

i will now be gardening  my new cards until the end of the year and see where I stand with my credit score then. All three scores are low 600's

Message 46 of 1,427
Scupra
Super Contributor

Re: Bankruptcy Friendly Credit Cards Pt.2


@Taoron wrote:

Scupra, might want to add that for people in the Chicago-area that BCU will grant a secured credit card after bankruptcy. If you make on time payments and add money to the account, after about a year you can open an unsecured line. I recently got a $1000 line 13 months after filing (vs discharge date.)


Will they approve a secured card directly out of BK? Thanks!

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
801 EQ FICO 06/2022
797 TU FICO 04/2022
793 EX FICO 04/2022
$30k NFCU Platinum | $30.7k 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 | NFCU Platinum #2 $19.3k | Apple $8.5k
Message 47 of 1,427
Taoron
Frequent Contributor

Re: Bankruptcy Friendly Credit Cards Pt.2

Yes, they will.  My BK was discharged in July, and then that same month, I applied for BCU account and secured card.  I was approved for an account and secured card.   It was at the end if July I applied and I actually got the card on August 2nd in the mail.  Note, they won't provide unsecured cards until you show rebuild.



Message 48 of 1,427
Scupra
Super Contributor

Re: Bankruptcy Friendly Credit Cards Pt.2


@Taoron wrote:

Yes, they will.  My BK was discharged in July, and then that same month, I applied for BCU account and secured card.  I was approved for an account and secured card.   It was at the end if July I applied and I actually got the card on August 2nd in the mail.  Note, they won't provide unsecured cards until you show rebuild.


Were you able to get a time period after BK and rebuild they prefer for unsecured? Thanks!

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
801 EQ FICO 06/2022
797 TU FICO 04/2022
793 EX FICO 04/2022
$30k NFCU Platinum | $30.7k 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 | NFCU Platinum #2 $19.3k | Apple $8.5k
Message 49 of 1,427
Taoron
Frequent Contributor

Re: Bankruptcy Friendly Credit Cards Pt.2

They said you usually graduate to a full, unsecured card in about 6 months. 

 

{Mod cut. I'm sorry but that link leads to other sites that are not allowed to be posted here.

 



Message 50 of 1,427
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