We are just over one year post BK 7 discharge. For months we have been inundated with Cap 1 offers--all different kinds.
We have heard so many bad things about Cap 1. How they don't report like most other cards; i.e. your credit line is shown, but not the utilization. Since the full amount is shown, it looks like 100% utilization.
Would like some advice on this, please. We need to get another credit card to help our tradelines as we only have two open accounts (auto loan and secured bank with $300 limit.). Have heard so much bad about Cap 1.
Here's hubby's scores as of 5/3
EQUI 593 (contains incorrect reporting of balance due from discharged mortgage loan; currently being disputed. Score was 655 before they reported incorrect amount.
EQUI: 580 (see above)
My scores remain around this area because I am in desperate need of some tradelines, as indicated by my credit reports negative explanation section. BUT my income is low ($10000) being disabled. Cap 1 still sends me apps.
Any help would be most appreciated.