Local CUs for the win! Less than a week post-discharge/closed

[mtnbikeman]

Less than a week post chapter 7 discharge. Score was 645 pulled EQ,

Details:

Local Credit union, went in opened account explained situation to loan officer, went to lending committee that afternoon, just called with approval for $5,000 Visa Platinum with rewards at 9.99% APR. 

Best part was I able to refi my car loan with the same pull, that I re-affirmed in the BK, they lowered my interest rate to 6.89% from 7.89%! 

Kicking my bank to the curb, they told me they I would not be eligible for a credit card through them until 7 years post-BK, and they did not lose any money from during the BK!

[GrainFan]

Glad to hear your rebuild is going well and congrats on the new card/refi! 

[KLEXH25]

Congratulations on your approval!! Gotta love CUs. They are awesome and I wish I had joined one sooner. 

[gdale6]

Nice job, grats to all the CU success!

[woodyman100]

---

@mtnbikeman wrote:

Less than a week post chapter 7 discharge. Score was 645 pulled EQ,

Details:

Local Credit union, went in opened account explained situation to loan officer, went to lending committee that afternoon, just called with approval for $5,000 Visa Platinum with rewards at 9.99% APR. 

Best part was I able to refi my car loan with the same pull, that I re-affirmed in the BK, they lowered my interest rate to 6.89% from 7.89%! 

Kicking my bank to the curb, they told me they I would not be eligible for a credit card through them until 7 years post-BK, and they did not lose any money from during the BK!

---

Dayum! Dayum! dayum! Congrats!

[Total80sKid]

Congrats on your CU success 👍🏼🎉

[CreditAggie]

Congratulations on your local CU approval!

[Anonymous]

Congratulations!  What's the name of the credit union?

[SweetCreditObsession]

That's great news. Congratulations 🎉

[coreyb80]

Congrats on the nice approval and great work! 

It's funny you mention kicking your bank to the curb as I've been considering doing the same with my conventional banks and sticking with Penfed and NFCU for all of my financial needs.