Just to give hope to others who went through ch 7 BK. (note: zero lates in 4 years with cap one credit cards & cap one auto loan)
April 2016 app spree this past weekend with scores in the 660-680's, 5 years discharged.
Discover - DENIED
Barclays Ring - approved $5,000
Capital One Quiksilver Rewards - approved $3,000
Capital One Venture One- processing (being manually reviewed due to double app)
AMEX Everyday - approved instantly $500 (what?)
AMEX Blue Cash - approved $5,000 (yes!!) (after being manually reviewed due to double app)
+ Auto Loan 3 weeks old with Teachers Credit Union - 4% APR! (my previous capital one auto loan opened shortly after BK was 11%!)
I am DONE for many years and look forward to gardening!
Can anyone tell me why AMEX gave me such a puny $500 limit on the Everyday card, and just 3 days later $5,000 on the Blue Cash??? Any ideas? I don't plan to close that card but I was stunned when I saw such a small opening credit line.
thanks! excited to have a good set of cards to move forward with. I wouldn't wish the circumstances of BK on anyone (I was young and dumb) but it def jump started the desire to learn how to better manage credit. so ecstatic to be heading toward 700's!
|Total CL: $306.1k||UTL: 3%||AAoA: 6.8yrs||Baddies: 0||Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping|
Has anyone here who's been approved by Amex, post discharged BK 7 or 13, burned Amex in your proceedings?
This is my first time with AMEX so I cannot shed light. However I did sadly burn Discover in my bk and they just burned me with a denial.