@Anonymous wrote:
I finally got my BK deleted from all 3 bureaus! Yay! Equifax, of course, waiting the longest. I called today and they said it was gone. Date of BK 10 year would have been 2/16/20, so they did it a little early.
I have been wanting a Chase Sapphire Reserve forever, but I didn’t want to apply and get declined. Now that my credit scores are all back over 800, I think maybe I’ll get approved. Income is about $200k/yr and I have a mtg, auto loan and other credit cards.
Should I apply now or wait for a few more months?
Thank you in advance!
OP, how much did your scores go up once the BK fell off? Also, did you burn Chase in your BK and for how much? I burned Chase in my BK for 5K. I don't ever expect to get back with them unless I pay them back.
@Anonymous wrote:
I don’t think I burned them at all. But our mortgage was with a bank that eventually got bought by Chase, so I’m not sure. Scores went from mid 700s to 820s. I’m just wondering if I should give it a month or so.
That is awesome. I bet it was cool to see your scores rise that high. If you didn't burn them on a credit card then I would apply. The credit card side isn't going to care about a mortgages or auto loans. All they care about is the credit/revolver side. Your scores aern't going to change much in a month. What matters is the BK's are gone from your CR's.
Any updates @OP?
My advise would be this ;
If you don't have any existing accounts with Chase (Checking/Savings), I say go for it as soon as the BKs are gone from all 3 of your CRs and app away as it's the only way to find out if you're on their BL.
But if you do have an existing account, I would suggest to wait 30-45 days after the BK was removed from the last CR which in your case is EQ. The reason being that they might still have a residual copy of your report with the BK that they have when they regularly SP you being a client. It would just suck when a BK from an old file might trip off their algorithm when you app.
