I filled for chapter 7 back in Dec 2020 received my discharge about 2 weeks ago.
The day after the discharge reported to the RA, I applied for CapOne's Platinum no AF card and was pprovded for 3k.
I had been checkin the pre approval site since I filed and was preapproved.
I have been looking for suggestions on a 2nd card for my rebuild and someone mentioned Ollo a couple of weeks ago but as I understand that is an invite only card. So with my car loan, student loans and my new card I was not applying on applying for anything else in hopes that my TomoCard decides to finally report to all bureaus. Not doing so yet.
I logged into credit karma today and there it is, my Ollo pre approval. Approved for $500.00 with a TU pull. Silly limit compared to CapOne but I am amazed of how easy it has been to get credit so soon after my discharge.
Before filling, the only one that would extend me credit was Credit One until I decided to apply for secured card with Discover, which eventually graduated from $400 to 2k. Not even CapOne wanted me even thou I paid them every penny I owed them from 2 charge offs from like 5 years ago. This was before I even decided to file.
Now to garden for a few months I go before I apply for my next card.
Update. Ollo pulled TU and EX. And just today my EX went up another 18pts. Currently sitting at 621. For some reason I didn't get the notification but Ollo pulled the most recent score.
I think this is the highest my EX has been in a while, since before BK.
With some accts reporting charge off every darn month it was dragging my score thru the mud even though I was behaving great after my charge offs.
Great work so far! I would recommend checking your credit reports monthly to ensure accuracy and proper reporting.
Well done! Just sit tight and watch the scores go up and up before your eyes and then see a bit of slowdown long term.
Congrats on your rebuild so far! Sit back, enjoy the garden for now, and best of luck in your future rebuild!
I am beyond thrilled. just with the 3k CapOne approval, that is the highest starting limit I have ever been approved for even before my financial problems started.
Now with these 2 cards, my auto loan and my 3 student loans I will be gardening for a few months.
And I now have access to my reports via MyFico as well as other free services so I will keep an eye on those.