Here is a breakdown of my BK7 journey 2 years 3 months after discharge. I was discharged on 11/10/15 from Chapter 7. I did not have any credit cards at the time as the debts were mainly utility, doctor and personal loans.
Home Loan - (Bank of America) $90,700 @ 2.875 Interest rate (No down payment or PMI) You can read about that journey here http://ficoforums.myfico.com/t5/Mortgage-Loans/NACA-mortgage-68-days-from-intake-to-keys-in-hand/m-p...
Closed on my house on 1/16/18
Credit Cards
Cap One QS - $16K (Applied 1 month after discharge and approved for 3K on the QS1. Also applied for the Platinum at the same time and was approved for $3k. Let grow and combined last year)
Cap One Venture- $15K (Applied 3 months out of BK and approved for $10K SL).
Barclay NFL - $7K (Applied 1 year out of BX for a $2K SL and 2 months ago requested increase and they went up an additional $5K)
Discover IT $3.9K (Applied 1 year out of BK and got a $2500 SL. Several credit increases later I have $3.9K)
Discover IT - $9.5K- (Applied the day after I closed on my house 1/18 and got a bigger starting limit)
Lowes – $17K (Applied about 1 year out of BK and received a $2500 SL. Called after I got the card and requested $25K and was countered with $17K)
Bank of America – $1K (Applied the same day as my second discover in 1/18 and was happy just to get in the door)
Personal Loans
Lending Tree - $5K – 6.9% Interest Rate (Applied 1.5 years post BK)
Current Fico Scores are Equifax (701) Transunion (720) Experian (713). They took a little hit after the mortgage pulls and new accounts but my main goal was getting a house.
Just wanted to post so people who are going through a BK know there is a light at the end of the tunnel. Any question feel free to ask.
