NavChek not approved due to bankruptcy

[Selena1978]

Well, I guess I'm trying to do too much too quick. I called this morning and was told the application was declined due to bankruptcy. I was just discharged last month. The guy on the phone asked if I had started to establish credit. I told him that I had and only have the CreditOne card, which I recently got. He told me to continue to establish credit and try again in 6 months. 

[TRC_WA]

Good advice you got.

Maybe try CapOne?

[credit-hunter]

Navy has a secured card to.

[Scupra]

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@Selena1978 wrote:

Well, I guess I'm trying to do too much too quick. I called this morning and was told the application was declined due to bankruptcy. I was just discharged last month. The guy on the phone asked if I had started to establish credit. I told him that I had and only have the CreditOne card, which I recently got. He told me to continue to establish credit and try again in 6 months. 

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I can't remember exactly but I was around 12 months post d/c and was instantly approved. Give it some time. I had a NFCU secured card from day 1 after d/c and it was unsecured at 13 months and CLI to $7k. Decent card with rewards!

[Selena1978]

I'll try the capital one. I wonder though should I just wait a while. I got the CreditOne the middle of last month. So it has not been quite a month with that card yet. I want to join the 700 club. But don't want to screw myself. I had a 0 balance Dell account, but charged about $200 on that. I have a $3000 limit on that. Maybe I'll pay off the dell and keep the CreditOne for a little. You think it'll mess up the 700 plan if I try from Capital One now?

[Selena1978]

I went ahead and applied. I got approved for $1000 Quicksilver card. I'm just going to work on those and get the Shares Secured Loan when I can put some money in my savings for collateral. Hopefully it will still put me in the running for over 700 credit score. 

My credit wallet will have:

Credit One-$300 -$200 balance

Capital One-$1000

Dell-$3000 with $200 balance

I have about $100,000 in consolidated school loans. They are currently in forebearance. 

[pizza1]

Patience is the key!! I've been with Navy for 8 months now, and just got approved for their Navcheck for the full $15k!! I had a BK7 discharged August 2013. I also have a visa with them for $10k, pif, and overall util is less than 1% on ALL credit cards. Be patient!! I applied like 5 times! Lol

[Selena1978]

You're right. I just get so excited. I'm going to cool off for now. Lol.