List who got burned and we can say which will or which wont let you back in. But as the above posted stated cap1 will be the first to do so.
@Bmdwyer wrote:Capital One with a couple cards
Syncrony with several cards (they have their fingers in everything apparently)
Discover
Barclay or Deleware bank
AmEx
Goldman and Sacs for my Apple Card
I would like to stay away from annual fees although I realize they are kind of a necessary evil to rebuild my credit. My goal is to get 2-3 legit cards with no annual fees and cancel the ones that do have them. Before my divorce/bankruptcy, I was up to a 758 average FICO score and would like to get back there if I can.
CapitalOne is widely known to be very forgiving; odds are pretty good you can get approved for a no annual fee Quicksilver with a $3,000 credit limit. In your shoes I'd also strongly consider a secured credit card from FNBO, and if you live in the north east, a secured credit card from TDBank.
@Bmdwyer wrote:I tried for the Capital One card and it was a no go. I have an OllO card, Merrick Bank card and Credit One Amex card. All 3 have 1000$ limits. I use them but keep them under 10% balances. I know 2 of the 3 have annual fees so I was just looking to replace them. I'm completely comfortable with 3 cards just don't like the annual fee. Guess I'll be waiting a little longer for Capital One to forgive me. Hopefully not to much longer
How long did you wait after discharge before you applied? I ask because I tried applying to CapOne a few days after my discharge and was denied, I appealed, and was denied again. I waited something like six weeks and reapplied and was approved.
It will take baby steps to get back to a decent score. 700 in 2 yrs can be accomplished. But its only been 6 months so far. Take care of what you got. Think of it this way. Your paying to raise your score with the annual fees. Many would pay to have higher scores. I didnt burn any cards in my BK and 753 was the highest I could go up until July and then I has a small spree. "Before my divorce/bankruptcy, I was up to a 758 average FICO score and would like to get back there if I can". It will be tough with a BK to get that high. Cap1 will eventually let you back. But there are others who dont triple pull. Give it till the end of the year and knock on Cap's door maybe then. Build some responsibility for now. Its the usage of the card that will get you back on your feet. FICO doesnt care who the creditor is nor the credit limit. Its how you handle it.