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Pen Fed After Bankruptcy

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texamel
Valued Member

Pen Fed After Bankruptcy

Hi Everyone,  I filed for Chapter 7 on November 2017 and Discharged February 2018.  Today I was approved for a Pen Fed Gold Visa card with a $10,000 limit, 17.99 percent interest.  My Equifax 8 score was 667.  I know the interest is a little high but it sure beats my Capital one Premium, Quicksiliver, Credit One rates and limits.  Just wanted you to know that there is life after Chapter 7 you just have to be a little patient.  

Message 1 of 19
18 REPLIES 18
mrcraft
Valued Contributor

Re: Pen Fed After Bankruptcy

Congratulations on your approval!!  I agree there is life after BK.



Message 2 of 19
CreditAggie
Community Leader
Super Contributor

Re: Pen Fed After Bankruptcy

Congratulations on your PenFed Gold approval!

Current Cards (in order of approval):

         
Current FICO 8 | 9 (February 2024):  
Credit Age:  
Inquiries (6/12/24):  
Banks & CUs:

Message 3 of 19
AllZero
Mega Contributor

Re: Pen Fed After Bankruptcy

Congratulations on your approval!
Message 4 of 19
M_Smart007
Legendary Contributor

Re: Pen Fed After Bankruptcy

Congratulations on your Penfed Approval..

Message 5 of 19
Loquat
Moderator Emeritus

Re: Pen Fed After Bankruptcy

Very nice! Congrats on the approval. PenFed was one of the first to step up and offer me cards with sizeable limits when my BK13 was still alive and well on my report.
Message 6 of 19
gdale6
Moderator Emeritus

Re: Pen Fed After Bankruptcy

Grats on the great SL Smiley Happy

Message 7 of 19
coreyb80
Super Contributor

Re: Pen Fed After Bankruptcy

Congrats on the nice approval! FYI, I would drop Credit One now that you're in with a better prime lender with a great limit.

Message 8 of 19
Anonymous
Not applicable

Re: Pen Fed After Bankruptcy

Yay! Congratulations 

Message 9 of 19
cashorcharge
Community Leader
Super Contributor

Re: Pen Fed After Bankruptcy

Nicely done!  Congratulations on your approval!

Message 10 of 19
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