Orchard Card

[fishbjc]

My sister, due to horrid divorce, filed bk three years ago.  If she apply's for Orchard online, do they usually let you know online or something in the mail?  She also had a foreclosure.  Scores dismal, but she did recently purchase a new car at 11% interest.  Pretty happy about that.

Thanks from both of us.

[Anonymous]

If you check the sticky thread for BK friendly cards, you'll find a company suitable for your situation.

[Red1Blue]

You could try Hooters Card. They are BK Friendly. I have their card and I like it.

[Anonymous]

I applied on 11/18 for an Orchard Card. It told me right then that I was approved but that my application needed to be reviewed. 14 days later my application status is changed from reviewed to approved w/ a $300 CL. Now I'm just waiting for the card. 19 app fee for the Gold mastercard 14.9 apr, $79 AF. They pulled experian. I was approved with no prior credit history except for a couple of collection accounts. EX FAKO was 547 - not enough history for a FICO. Hope that helps.

[heirophant]

Orchard is a good starter card.  Tell her to go ahead an apply as long as she doesn't mind paying the fees.  It is the most fair of the sub-prime cards as far as fees and rates.  Anything over 540 seems to be getting approved regularly.  However, that being said, I would apply for a secured card with a bank like Wells Fargo or BOA because you have a good chance of getting a prime card after being good for a year and your credit score improving.  If you can't put down the deposit ($300 -- which is what your orchard credit limit will likely be), then I would go ahead and apply for the Orchard card.

[Anonymous]

i would say orchard bank i get approved for thier card after my BK was discharge by 3 months ,and they approved me for $ 500 with  $24 annual fee .

good luck .