So I was recently discharged from Chapter 7 Bankruptcy on May 29th. It took about 3 weeks, but my credit report finally updated a few days ago. I logged into credit karma today and was pre-approved for the Merrick Bank Double Your Line Mastercard for $1,000 with NO Annual Fee. So I applied and was instantly approved.
This is my 2nd card since discharge. I was also recently approved for the Mission Lane Visa for $1,000 also with NO Annual Fee. However, this card only comes with a CLI after 7 months.
My Bankruptcy Lawyer told me to wait for offers from banks before applying. She also said once I have 3 cards, to let my credit repair itself for 12 months. I unfortunately had to declare Bankruptcy because of medical debt, so I burned almost every major bank. My goal is to wait for Capital One to let me back in (which I hope is soon).
Any advice or idea on how long Capital One takes to get back in their good graces?
