Just providing some data points. I was able to get approved for 3 subprime cards after filing for Chapter 7, before my 341 meeting. All are IIB and burned for maximum 1200 each.
Capital One I actually burned them for 2 cards and approved for subprime Savor Cash back card, no AF, 300 SL.
IndigoMC cash back, 9.95 monthly fee, 500SL
Milestone MC cash back, 9.95 monthly fee, $500SL
70k annual salary
Low to mid 500 Fico8 scores
Bankruptcy reporting, not all accounts updated yet, Lates on Discover and Car Loan that were both paid off after Charge off still showing.
Capital One and Concora will definitely work with you. I was denied by Discover, my local credit union, and Mission Lane.
I need to get a car, I was approved for financing 0 down 560/mo. 2024 Nissan Rogue. I want to get a newer car with the amenities I want so I decided to get the 3 credit cards to boost my score before I try for the new car after discharge in July. After that I will garden 2 years before trying for higher limit cards then one more year before I try for a FHA loan.
That's the plan anyways. Thanks to the people that contribute to this forum.
For credit cards I burned NFCU, Cap 1, Credit 1, CashApp, Merrick, Indigo, Destiny, Milestone, Amex in Bankruptcy.
