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Chances of Discover Secured?

Anonymous514
Established Contributor

Chances of Discover Secured?

So when my BK7 is discharged could I get a Discover Secured card even though they were included in the bk7?
Message 1 of 9
8 REPLIES 8
Brian_Earl_Spilner
Community Leader
Mega Contributor

Re: Chances of Discover Secured?

They may not let you back in for a bit, but they will.







Message 2 of 9
trinitings
New Visitor

Re: Chances of Discover Secured?

I just applied for Discover and got approved for a secured card. CH13 discharged 4/6
Message 3 of 9
FiresOut
Super Contributor

Re: Chances of Discover Secured?

It may take up to a yr. If Cap 1 wasnt burned. Give the pre qual a check 30-60 days after DC and your scores might get a score boost. Good Luck!

Message 4 of 9
Lessh
New Member

Re: Chances of Discover Secured?

Did you burn them in BK?

Message 5 of 9
Anonymous514
Established Contributor

Re: Chances of Discover Secured?

@Lessh yes
Message 6 of 9
CJIII1983
Valued Member

Re: Chances of Discover Secured?

I was approved for CapOne, but I did not burn them in BK.

Message 7 of 9
CostantinoA
Established Contributor

Re: Chances of Discover Secured?


@FiresOut wrote:

It may take up to a yr. If Cap 1 wasnt burned. Give the pre qual a check 30-60 days after DC and your scores might get a score boost. Good Luck!


I burned them in BK that is still open and they approved me for credit builder card.  Starting limit $300.00.

Chapter 7 BK Filed 06-06-19, Discharge 09-16-19
603 - 09-25-20 Equifax FICO Score 4
741 - 10-05-20 Equifax Vantage Score 3.0
684 - 10-08-20 Experian FICO Score 8
649 - 09-01-20 Experian FICO Bankcard Score 9
657 - 10-05-20 Transunion VantageScore 3.0
Loans: 1 Student Loan Deferred, 2 Auto Loans
Credit Cards: 10 Visa/Mastercard; 3 Store Card $8/$10,525
Inquires: 0 Equifax, 29 Experian, 18 Transunion
Average Account Ages: 3Y7M Equifax, 4Y06M Experian, 1Y6M Transunion
Gardening till 01-2021
Message 8 of 9
FiresOut
Super Contributor

Re: Chances of Discover Secured?

And your point is? Yes some do get a card sooner. Mostly because they cant wait and need a card yesterday. I've been saying it on here for over 3 yrs. It is best to wait after DC and the score rebound after being legally out of debt. Which in turn could lead to a higher SL. Your $300 could have been higher of you waited it out after DC. Every single move I made after filing and learning on here was to wait after DC I did. And it worked. My lowest and 1st approval was $2500 with the Plat. Highest 2 years later were the 3 Cap1's below all at $10,000. Every move I made I researched on here over and over. I didn't go 10 and O from a lucky streak. So this is why I keep repeating myself to wait it out. Some wont listen which is fine. But why shoot yourself in the foot. Start higher which leads to higher SL's. Or Start low and lower it will be for in the same timeframe. Good things come to those who wait I say.

Message 9 of 9
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