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Discover Secured

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taxi818
Super Contributor

Discover Secured

So i burned discover in 2017 for 15k. I did not go the bk route but i did oay off a couple tradlines like cap 1 snd my credit union. Discover dropped off my report  2 months ago and i got an email saying see if im pre approved with no hard pull. First, they did do a hard pull but approved me. Im in shock knowing how bad i burned them.  I alrwady put $500 on jt this morning an am waiting for the card.  I guess they do forgive.  I will not do foolishness like last time. Cross my fingers and hope to die if i do. 😂. Any advise with discover securedis welcomed.  Still have 6 baddies out of 45.  About 40 positive tradlines thats at least 8-10 years old

Message 1 of 15
14 REPLIES 14
Snook_on_the_Line
Established Contributor

Re: Discover Secured

Congrats on your approval.    

looking forward to hearing about your card graduating and a cli in 7 months.    

Message 2 of 15
RebelRocket
Regular Contributor

Re: Discover Secured

As unfortunate as it is to have those previous derogatories, I hope that you're in a much better place now to stay on top of all of your finances in setting yourself up to course correct for an abundance of success.

 

I don't have any information to offer regarding advice on their secure card process, but I wish you the best of luck, anyways!

 

Keep up the great work.





Message 3 of 15
keekers
Valued Contributor

Re: Discover Secured

Congrats.


Message 4 of 15
GZG
Senior Contributor

Re: Discover Secured


@taxi818 wrote:

So i burned discover in 2017 for 15k. I did not go the bk route but i did oay off a couple tradlines like cap 1 snd my credit union. Discover dropped off my report  2 months ago and i got an email saying see if im pre approved with no hard pull. First, they did do a hard pull but approved me. Im in shock knowing how bad i burned them.  I alrwady put $500 on jt this morning an am waiting for the card.  I guess they do forgive.  I will not do foolishness like last time. Cross my fingers and hope to die if i do. 😂. Any advise with discover securedis welcomed.  Still have 6 baddies out of 45.  About 40 positive tradlines thats at least 8-10 years old


congrats!! hoping on that 7 month graduation! 

Starting FICO 8:
Current FICO 8:



Message 5 of 15
bytechma
Regular Contributor

Re: Discover Secured


@taxi818 wrote:

So i burned discover in 2017 for 15k. I did not go the bk route but i did oay off a couple tradlines like cap 1 snd my credit union. Discover dropped off my report  2 months ago and i got an email saying see if im pre approved with no hard pull. First, they did do a hard pull but approved me. Im in shock knowing how bad i burned them.  I alrwady put $500 on jt this morning an am waiting for the card.  I guess they do forgive.  I will not do foolishness like last time. Cross my fingers and hope to die if i do. 😂. Any advise with discover securedis welcomed.  Still have 6 baddies out of 45.  About 40 positive tradlines thats at least 8-10 years old


Congrats on the approval! Hopefully you graduate in 7 months. I was approved for the same card in March. Every month discover will send you an email whether you are still on track to graduate, which a nice touch by discover. 

Personal Cards
C1 Savor One $2.7k | Discover IT $200 (Graduated) | Amex Optima $500 | C1 Venture X $31.0k (AU) | C1 Venture One $600 | U.S. Bank Altitude Go $10.0k | Chase Sapphire Reserve $10.0k (AU)

Secured Cards
U.S. Bank Cash+ Secured $1.0k | Truist Enjoy Cash Secured $1.0k

Credit Builder Cards
Chime Credit Builder | cred.ai $1.5K (stated limited)

BOA Cards with Platinum Honors (75% boost)
Travel Rewards $18.0k (AU) | Bank Americard $2.1k (AU) | Customized Cash Rewards $5.0k (AU) | Premium Rewards $18.0k (AU) | Elite $18.3k (AU)

Business Cards
Amex Blue Business Plus $12.8k (AU)
Message 6 of 15
RebelRocket
Regular Contributor

Re: Discover Secured


@bytechma wrote:

@taxi818 wrote:

So i burned discover in 2017 for 15k. I did not go the bk route but i did oay off a couple tradlines like cap 1 snd my credit union. Discover dropped off my report  2 months ago and i got an email saying see if im pre approved with no hard pull. First, they did do a hard pull but approved me. Im in shock knowing how bad i burned them.  I alrwady put $500 on jt this morning an am waiting for the card.  I guess they do forgive.  I will not do foolishness like last time. Cross my fingers and hope to die if i do. 😂. Any advise with discover securedis welcomed.  Still have 6 baddies out of 45.  About 40 positive tradlines thats at least 8-10 years old


Congrats on the approval! Hopefully you graduate in 7 months. I was approved for the same card in March. Every month discover will send you an email whether you are still on track to graduate, which a nice touch by discover. 


A very nice touch, indeed.





Message 7 of 15
MissLiz
Established Contributor

Re: Discover Secured

Congratulations on your rebuild! You're doing fantastic!

“A woman’s best protection is a little money of her own.” – Clare Boothe Luce
Message 8 of 15
taxi818
Super Contributor

Re: Discover Secured

Im not exactly sure when things went south in 2016. However, after closing a business with former partner issues started. I truly learned a valuable lesson when it comes to credit which is to never bite off more than one can chew.
Message 9 of 15
taxi818
Super Contributor

Re: Discover Secured

Thats good to hear so i can know what to expect i will add another $500 to deposit with the hope they will raise the limit.
Message 10 of 15
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