@beutiful5678 wrote:
@pipeguy wrote:
@beutiful5678 wrote:
Is this blacklist sentence just for lenders IIB or for charge-offs too? If yes on charge-offs does the 10-year clock start running from the date of charge-off or from the date you paid them back? I have one Chase and one Citi card I want and I'm curious how long I should wait for those apps... (Obviously, not anytime soon with my scores but I'm playing the long game here and want to plan out my apps.)
It includes charge-offs, not just bankruptcy. As far as starting the clock I can't say for sure which is why I used +/- 10 years they'll blacklist you until they don't and that's around 10 years.
After my credit crashed and burned in 2005-07 neither Chase or Citi would touch me and I don't believe I defaulted on either lender, perhaps Chase with a business card. I now have 3 Chase cards but they are my lowest limit cards ($10k, $6k, $5k). I'm sure I never burned Citi, but even today they won't issue me a Citi-branded card although they will issue me just about all of their Citi-backed cards like HD ($25k) Costco ($15k), etc.
This is great news. That is precisely the card I eventually want. The other one is the Chase Amazon Visa. I figure the co-branded cards will be easier to acquire and they will definitely be ones that I would use.
I've been interested in both the Citi Costco Visa and Chase Amazon Visa at one point or another, since they're co-branded cards rather than Citi/Chase-branded (I burned a Chase Visa and a Citimortgage account, as well as a cobranded Best Buy store card that had just transferred to Citi at the time, in my 2014 BK), but I'm not certain that my chances would either be very good or that, should I get either, I would be able to get a decent CL. In fact, I read a while back in these forums that if you did burn Citi and manage to get a Citi Costco Visa, you won't be able to get any CLI's from the SL they allocated you at account opening.
