@wngraham wrote:To make a long story short, I burned Amex for $3400 with a Chapter 13 in 2009. After being discharged in 2014 I slowly started building my credit back up, first with a Capital One Platinum, then a Discover It, Cap One Quicksilver, Cap One Venture, Barclay's Arrival and Wells Fargo Propel over the next 5 years. During that time I never carried a balance once and my score shot up from the mid 500's (ouch!) to the 743 it is today, with over $50,000 in available credit. Over the last year or so I've tried applying for multiple Amex cards and got instantly denied without a hard pull. It got be a regular routine, almost as a joke. I hadn't tried in a couple of months and realized yesterday that August 19th was the 10th anniversary of my Chapter 7 filing. Feeling lucky I went to the Amex pre-qualified page and was "pre-approved" for a Platinum card. This has happened multiple times before but I can never get past the actual application. Last night I tried again...but "processing" stayed on the screen way longer than it ever had before...and I was approved!!!! Just got the UPS email with the next day delivery tracking info.
It looks like (at least for me) 10 years was the sweet spot.
Congratulations! My punishment was much longer.
Awesome! Spent 10 years in time out myself
Congrats on getting out of the Amex doghouse!!
And yes DPs would suggest that 10 years is the sweet spot for most if not all of BL’ed that owed no more than $5K.
And yes DPs would suggest that 10 years is the sweet spot for most if not all of BL’ed that owed no more than $5K.
