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Chances of Discover Secured?

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Frequent 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
Community Leader
Super Contributor

Re: Chances of Discover Secured?

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







Message 2 of 9
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
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!





My posts are JMHO. My siggy is not to brag at all. Just sharing my experiences after learning here from rebuild to recovery after BK DC @ 540's. And to show fellow members what can be accomplished when you do it right and play the FICO Credit Game.
Message 4 of 9
New Member

Re: Chances of Discover Secured?

Did you burn them in BK?

Message 5 of 9
Frequent Contributor

Re: Chances of Discover Secured?

@Lessh yes
Message 6 of 9
Valued Member

Re: Chances of Discover Secured?

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

Message 7 of 9
Established Contributor

Re: Chances of Discover Secured?


@FireMedic1 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 Discharge 09-16-19
589 - 11-12-19 Experian FICO Score 8
632 - 11-04-19 Experian VantageScore 3.0
643 - 11-12-19 Transunion VantageScore 3.0
616 - 11-12-19 Equifax VantageScore 3.0
580 - 10-25-19 Equifax FICO Score 5
Loans: 1 Student Loan Deferred, 2 Auto Loans, 1 Secured Loan
Credit Cards: 2 Visa Cards, 1 Mastercard; 1 Store Card $500/$1,400
Inquires: 17 Equifax, 32 Experian, 15 Transunion
Average Account Ages: 1Y10M Equifax, 3Y11M Experian, 2Y9M Transunion
Gardening till 03-2020
Message 8 of 9
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.





My posts are JMHO. My siggy is not to brag at all. Just sharing my experiences after learning here from rebuild to recovery after BK DC @ 540's. And to show fellow members what can be accomplished when you do it right and play the FICO Credit Game.
Message 9 of 9
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