Need guidance discharge 06/15/2018

[Anonymous]

HI , first off any guidance will be greatly appreciate .  I already made a mistake an applied for cap1 before discharge which was declined.

so I read the 700 in 24 months and I and going to follow as best I can.

So i have american ex everyday 3000 limit , kohls limit 300, room to go 1500 limit and target 2000 limit--- all survived.  I applied and received credit one with limit of 400 unsecured , I paid the $75  and threw it in a drawer will cancel when the year is almost up. I am still working on my credit report , everything is showing 0 and included bankruptcy , but I have a few showing late payments and charged off, even though I read if they werent late or or charged off before bankruptcy they shouldnt be after, but i dont know if i will have any luck fixing that.

Installment loans..I burnt nfcu so I joined penfed, but I am unsure if I need one, my fico is showing that category very good, I have a few car loans that were paid off before bankruptcy, so I have havent pulled the trigger on shared loan.

I have high inquries , about 6 on each credit bureau , so I am gun shy 

So any suggestions on what I should do next 

[Anonymous]

First off, I think that is really good that you have cards like that and with that limit already. Were those cards you kept out of BK? I do just recenty discharged 6/11/2018 and have a cap 1 with a messly $300 limit BUT that's after a charge off and I have a Total Visa CC that I have had for 6 months, never late and have paid more than the min payment. 

What I am doing is the same as you; trying to get what was included in BK to show that on my credit report and it has been a little difficult. Then I plan on gardening til December. I also have a vehichle loan that I got before discharge and plan on refinancing by the end of the year for a lower interest rate/payment. Unfortunately, I can't help much but I think you/we are doing the right things for rebuilding. 

[Anonymous]

Ty for the response, the American express and the rest all had 0 balances and were never closed, so i used them after discharge, and they worked.  American Epress lowered my limit to 1000 the next day after use, but then they called me and siad if i make a payment, they would raise my limit back, so i did, and a week later it was raised back to 3000 lol... strange ...then my target card , i brought a shelve for 30 bucks at target and went online to pay by bill and they raise my limit from 800 to 2000.. strange ...the kohls i used to by a cheap shirt, and it work.. and the rest i havent used , but they are reporting good , so i am leaving it alone lol

My credit report is a work in progress, i disputed thru experian on july 29th, yesteraday got email , saying one acct has been updated(which was BOA) The problem i am having is everything is showing bk 0 balance ,but then on my fico its showing 8 new charge offs and 8 90day late payments. So unless your really look at your credit reprt you would think it was fine. All my bankruptcy accounts are marked as charged off in the payment part of my report even though they day never late up top of the report.  I never missed a payment on any account until my bankruptcy hit, so none of my accts were charged off before the bankruptcy and per fcra they cant do that .  i called my bankruptcy lawyer and he said to dispute them all atleast 3 times and if they dont correct he would get his friend to take the case ( his friend is a frca lawyer) haha So far BOA has corrected ..

I read on here i need a installment loan havent pulled the trigger on that, penfed says i have to disposit  the money for 30 days before i can get the loan, I dont know if that is shady or not.

credit one hasnt reported yet

So now I am just gardening and see how things wash out lol

[Anonymous]

Good idea. I just disputed an item myself today. I am hoping it's resolved soon

[Anonymous]

Regarding SSL, do you have any open installment loans e.g. car loans, student loans? If not, then the SSL will help you, though not as much as it would have if you had never had an installment loan before. You can expect a bump in score for as long as you hold the loan open. 

Best of luck ~

[jim44]

Angela....  also sounds to me that you're on the right track for rebuilding.  Situations must have changed since my discharge back in 2010. I wasn't late on any CC payment before I filed although my condo was on the market as a short sale.  Had to file BK after the condo sold because of a HELOC situation.  All my CC companies balanced chased me within 3 months of filing.  Any CC that had a zero balance closed after filing.  I thought I had a Paypal credit account survive.... it was Bill me Later back then as when I made a purchase on eBay they offered credit.  Actually I was applying for a new account and didn't realize it.  Keep up the good work... and remember we are all here to help each other. 

[Anonymous]

No I dont have installment loan that is reporting ,I just deposited 1000 into penfed I have 26 days before they will let me get a loan on it. Any amount of points is good , also a great way to save money.

[Anonymous]

ty Jim for the encouragement , Right now i am waiting for the cb to report to fico my dispute, everything got corrected ,which I was amazed at, so once it reports and I get my installment loan, I should be on the right track.  I have found I have ZERO patience with all of this, I check my score atleast twice a day lol..and read this forum ALOT, I have learn so much, so that is a good thing . So i am learning how to garden , which i dont like lol