Rebuilding BK7 discharged March 2020

[southernblueeyes]

I started kind of slow but did a lot in the last month so now it is time to garden for awhile. Might try to refinance my auto loan in March, one year post BK7 discharge but other than that no more applications for credit until my two year March 2022. 

March 2020

Credit One  $400 

Opensky   $1000  secured

May 2020

NFCU nRewards $1500 secured

October 2020

NFCU auto loan $17,300  4 years 8.49%

November 2020

PenFed Power Cash Rewards $5000

PenFed CLOC $500

Ollo Platinum $1500  No Annual Fee

Will be cancelling my Credit One and Opensky before the annual fee hits in March. Need to let my accounts age a bit. Was only denied one credit application which was for a second NFCU card. I knew that they had a policy of no unsecured credit until one year post bankruptcy so I was not surprised. 

[Anonymous]

@southernblueeyes Good job! We are in almost the same situation. I too was denied by NFCU for a second card. I'm going to let my NRewards graduate then apply again at the 1-year mark.

[southernblueeyes]

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@Anonymous wrote:

@southernblueeyes Good job! We are in almost the same situation. I too was denied by NFCU for a second card. I'm going to let my NRewards graduate then apply again at the 1-year mark.

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Thank you! I am so glad PenFed loves us!! Please let us know how things go in March when you apply for your second NFCU card. Hoping my nRewards graduates at my 6th statement on Wednesday but we will see.  

[JR_TX]

Congrats and wish you the best on your rebuild journey.

Always remember, time is your best friend. Use him/her wisely and you'll be back on top in no time!

I'm almost at my 500th lap and don't care if I'm last as long as I finish in great shape that's all that matters! That's my advise as a fellow rebuilder!

[southernblueeyes]

Update... My nRewards graduated a couple days after my 6th statement. Now I'm waiting til my one year post bankruptcy in March to see if PenFed will refinance my NFCU auto loan.