Post BK CH7 (update)

Anonymous · ‎09-10-2016

I've been following this amazing forum prior to my BK. My BK CH7 was discharged 12/28/15. As of today, here's my rebuild:

* Open Sky (secured) $300 11/15 (open) 07/16 (closed)

* USAA Visa (secured) $1k 11/15 (open)

* USAA Amex (secured) $1k 12/15 (open)

* Merrick Bank Visa $700 02/16 (open)

* NFCU Visa $500 02/16 (open)

* NFCU Visa $500 03/16 (open)

* Cabelas Visa $1500 03/16 (open)

* Barclays Visa $1500 04/16 (open)

EQ 649
TU 638
EX 650

Do you think my score will drop if I close both USAA accounts? They have a yearly fee. All my CC are at zero balance.

Anonymous · ‎09-10-2016

Also NFCU CLOC $5k 09/16 (open)

kobe2012 · ‎09-11-2016

LGood job on rebuilding! Did u burn Barclays?? And have u had increases on ur NFCU cards??? I can't get approved for navcheck , not even $500.. Had my cashrewards since July .. U gonna try a cli on cabelas?? Sorry too much questions lol..

Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K

Anonymous · ‎09-11-2016

Howdy! I did not burn Barclays, no CLI with NFCU, and didn't try a CLI with Cabelas.

I forgot to mention:

* Capital One Visa $350 07/16 (open) (I did burn Capital One in my BK)

Datx · ‎09-11-2016

@Anonymous wrote:

Do you think my score will drop if I close both USAA accounts? They have a yearly fee. All my CC are at zero balance.

I can think of only one reason why a person's score will decrease due to closing a CC. And that would be the available credit, and debt ratio. Since you carry zero balances on your CCs, I don't believe your credit score will drop at all. Great job on rebuilding so far.

Datx · ‎09-11-2016

I just noticed your open date on your Merrick Visa. I think that is due for a CLi soon, assuming you were offered the double limit after 7 statements by Merrick when you opened your card

Anonymous · ‎09-11-2016

Yes, I believe Oct the CLI will take place with Merrick Bank. It should go up to $1400.

Scupra · ‎09-12-2016

Your thinking is correct.. Time to close the secured cards, they served their purpose Congrats on the great rebuild.

Pway · ‎09-12-2016

@Scupra wrote:
Your thinking is correct.. Time to close the secured cards, they served their purpose Congrats on the great rebuild.

+1

Thank you for the wealth of knowledge I have learned from these forums. I am logging off as of November 9, 2022. I wish everyone great success.

Anonymous · ‎09-12-2016

Thanks everyone