NEED BIG TIME ADVICE PLEASE!! LOVE THIS BOARD I HAVE READ ALL 300 POST IN 3 DAYS TAKIN BREAKS OF COURSE!! I have claimed BK in Aug. 2002 and was discharged 10/02. I have not applied nor called for anything but I really need to start establishing. Now questions should I apply to the invitations and preapprovls I receive in the mail?? I ordered my credit reports from all 3 because I do not know my scores. Thanks
NEED BIG TIME ADVICE PLEASE!! LOVE THIS BOARD I HAVE READ ALL 300 POST IN 3 DAYS TAKIN BREAKS OF COURSE!! I have claimed BK in Aug. 2002 and was discharged 10/02. I have not applied nor called for anything but I really need to start establishing. Now questions should I apply to the invitations and preapprovls I receive in the mail?? I ordered my credit reports from all 3 because I do not know my scores. Thanks
Need to update the list ... You have listed >>> Newport News/Spiegals/Eddie Bauer (www.spiegals.com/home.asp ) Credit Card Approvals with BK I had the old Eddie Bauer card, never missed a payment, paid it off early. When I came upon an ad on their web site for the new card I called and asked for one. They didn't take much info over the phone, and it really didn't even seem to me like a new application process. Well two weeks later I have received my rejection letter. The only reason given is that my credit report shows a BK. My BK was filed in '95, discharged in '96, And I have established credit over the years since then. Sounds like this new company "World Financial Network National Bank" automatically black lists you for a BK.
Need to update the list ... I have a friend who got one with a BK in the last 6 months..any other trends on this? Would like to know..maybe I should put it on both lists?
Need to update the list ... BK FRIENDLY CREDITORS Compiled by NanaC Clarifications: Listings based on earliest receipt of credit. Occasionally, something may appear to be listed twice. This results from the credit being somehow different, for example, secured and unsecured, credit limits, etc. STARTER BK CARDS: score bad. 1. Household - unsecured 300 - 5 mos., score about 560 ( www.householdbank.com/hb/CustomerCa...direct=HomePage ) 2. Cap1 - Secured and Unsecured ( www.capitalone.com ) 3. Orchard - Secured ( www.orchardbank.com/care/CustomerCa...direct=HomePage ) 4. American Online Secured Visa ( www.apbank.com/021_scc.html ) 6 MOS - 1 YEAR REBUILDING CREDIT: score low 600s 1. Cap1 - unsecured gold 500 ( www.capitalone.com ) 2. Orchard - unsecured $500 ( www.orchardbank.com/care/CustomerCa...direct=HomePage ) 3. Target Guest Card- unsecured 200 (target.com/common/financialservices/apply_online.jhtml) 4. First Premier - $200 ( www.credit-cards-s.com/premier.asp ) 1-2 YEARS REBUILDING: score mid 600s 1. AT&T Wireless - No deposit ( http://www.attws.com ) 2. Cap1 Platinum - unsecured 5000. Yes, platinum. started w/regular card and negotiated credit line to platinum. (Wow!) ( www.capitalone.com ) 3. Cross Country Bank Visa - unsecured - $300, then $600, then $1250 over time. * ( www.crosscountrybank.com ) 4. Cross Country Bank MC - unsecured - $350 * ( www.crosscountrybank.com ) 5. Dillards - unsecured - $500 ( www.dillards.com/cca/CreditCardApplication.jsp ) 6. Circuit City â?? unsecured -$2000 ( http://www.circuitcity.com ) 7. Western Security Bank - secured ( www.westernsecuritybank.com ) 8. 1/00 Direct Merchants Bank $1001 (Semi-secured) ( www.directmerchantsbank.com ) 9. Sprint PCS - $200 Assigned Spending Limit ( www.sprint.com ) 10. Newport News/Spiegals/Eddie Bauer ( www.spiegals.com/home.asp ) 11. Merrick - $1000, about 650 FICO (www.applymerrick.com) 2+ Years Rebuilding: score low to mid 600's: 1. Aspire - unsecured - $500 ( www.compucredit.com/pdcts.html ) 2. Voicestream - No deposit ( www.voicestream.com ) 3. Bank One Checking Account with Debit Card after 5 months usage ( www.bankone.com ) 4. Mortgage Received (No specific name as more than one loan was found by those reporting receipt of mortgage loan.) 5. Nordstrom - suggest not applying on-line ( www.nordstrom.nordstrom.com ) 6. First N.A. Nat. Bank - 3 years (www.fnanb.com) 7. Citibank MC- will consider post-7 years ( www.citibank.com ) 8. Nextel - must be 7 years post BK, no dep. ( www.nextel.com ) 9. Exxon - 4 years ( www.exxon.com ) 10. Home Depot - 4 years ( www.homedepot.com ) ** 11. Bloomingdales - 3 years ( www.bloomingdales.com ) 12. Verizon - no deposit ( www.verizonwireless.com ) 13. Washington Mutual Visa secured card issued by Citibank N.A. South Dakota ( www.washingtonmutual.com ) 14. Mervyn's ** ( www.mervyns.com ) 15. Generations (6 year mark!) - $1000 ( www.genscu.com ) 16. Target Visa - mid 600's required ( www.target.com ) 17. Lowes - 3+ years ( www.lowes.com ) 18. Washington Mutual Mortgage - 3+ years ( www.wamuhomeloans.com ) 19. Nordstrom - 5+ years (www. Nordstrom.com) 20. Wescom Credit Union - 5+ years ( www.wescom.org ) 21. First Nationwide Mortgage - 5 years ( www.firstnationwide.com ) 22. Dell - $1500 - 5+ years ( www.dell.com ) 23. Nissan Lease - 6+ years (Please provide link if known.) 24. Phillips 66 - 7.5 years ( www.phillips66.com ) 25. Ford Credit - 5 years ( www.fordcredit.com ) 26. Diamond Shamrock - 6.5 yrs ( www.valero.com ) 27. Menard's Big Card (Conseco) - $3000 - 5+ years ( www.menards.com ) 28. Capital One Auto Finance -14 % interest, score approximately 650 - ( www.capitalone.com/capitaloneplace/...id=2000bann0202 ) 29. JCB Card - CE642 Special Considerations: 1. Bank of America - will consider post-BK if you have established credit and can show unusual circimstances (business loss, medical, etc.) 2. Citibank MC- will consider post-BK after 7 years 3. Citibank Diners Club - will consider post-BK if you have established credit and can show unusual circimstances (business loss, medical, etc.) 4. Federated (Pres. Club Visa)- 3 years post BK was able to override with explanation and good (>680) score 5. Federated (Macy's) Store Card - 2 years post-BK was able to override with explanation. Rejections (BK Unfriendly): ** Seen on both lists 1. Lowe's (MB) 2. Home Depot (MB) ** 3. Walmart 4. Mervyns ** 5. Exxon/Mobile ** 6. Amex Green 7. Best Buy (Household)-Recently confirmed letter due to bankruptcy Ch 13 6.5 years 8. Citgo 9. Amex Optima Secured 10. Home Depot 11. CitiBank 12. Associates: Citgo (try manual 24 ms+, 3 good lines) 13. First USA (try manual 5+ years discharge) 14. Bank of America 15. Sears 16. Fleet 17. First USA 18. Mens Wearhouse 19. Monogram Bank = MB ** 20. Amex LOC 21. Juniper 22. Chase Manhattan 23. Target Visa 24. Corvette Mastercard 25. Target with recent BK discharge within 4 months** 26. UnionPlus 27. GM Card 28. Conoco 29. Newport News/Spiegals/Eddie Bauer ** 30. Wells Fargo Secured Smart Suggestions: 1) Try Credit Unions 2) Ford is BK friendly (updated 11/22/03)
Re: Need to update the list ... If you look at the thread entitled "Blacklisted!" http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&threadid=35170 You will also find these remarks... Re: Blacklisted! dacoldest | 16 posts since Oct 2003 12.172.137.3 | 11.11.2003 @ 09:10 I think we should blacklist WFNNB. I tried for 2 different retail cards with them and both came back with the only reason for denial as Bankruptcy.
Re: Need to update the list ... I want to be sure that the reason is there is a BK reporting as opposed to blacklisted because you had a BK that included an account with that particular company! I appreciate the link..thanks..
Re: Need to update the list ... In response to NanaC. No I did not have a card with any of WFNNB retail store before. So I guess the rejection was primary because of the BK7 which is now 1 year and my Equifax score was 632 at the time and both inquiries show up there. Thanks
Re: Need to update the list ... Mazda american car loan 11%,1 day out of BK-13, am apc secured visa , target guest card 1 month 300 limit, orchard MC, 2 months 300 limit, cap one 4 months 500 limit, mortgage citifinancial 92,000 6 months 9%. Union plus,home depot chevron,mobil, providian...denied due to public records(BK-13)(paid tax leins) hope this helps scores at bottom
Re: Need to update the list ... Best Buy no longer BK friendly. My BK13 is 13 mo away from deletion and I was declined. Reason: BK
Re: Re: Need to update the list ... Wow. Good to hear Mazda is BK friendly. Wish I had known that sooner! How did you initiate the loan, just use an online app?
Re: Re: Need to update the list ... My BK7 is over 7.5 years old. Dummy me, I thought since Best Buy was Household Bank issue, I'd have a chance, I have an Orchard Bank Master Card which I have used quite a bit over the past two years, I have never missed a payment, usually pay far more than the minimum on a regular basis. I also have a Household Bank auto loan that I have paid on time for nearly a year and a half. No Luck, like you, their store card division automatically declines any app that has a BK on record. I have a hard time understanding the logic in a company granting me a $25,000 loan to buy a new vehicle, but denies me a store credit card for $250.
Re: Re: Need to update the list ... I agree. Its stupid. I have other cards with decent limits and APR's and a good score. Yet when I applied, DENIED. Reason was BK. But you do qualify for Household GOLD card!!!! I was like, yeah right. I'll go buy from Circuit City instead. They lost a couple thousand right there. Oh well, there loss not mine.
BofA NOT BK FRIENDLY! According to the CS supervisor I just spoke with, BK is not alright for seven years! Even a secured card will not be ok'd with a BK for five years.
BofA NOT BK FRIENDLY! Does anyone know about Chase? Are they BK-friendly at the 7 year mark?. I didn't know that about BofA.
Re: Re: Need to update the list ... Thanks, I'll update! And, I'm sure sorry about the denial!! SCMOMof5: Best Buy was on the list already in the BK Unfriendly, I believe. Thanks for the update on the fact that they are still the same, though! It's good to know if the policies change so they are invaluable!
Re: Re: Need to update the list ... Trent, was the BK reporting on your CRA for Mazda and Target since it was so soon after BK13? I want to be sure it was showing and they knew about it... Thanks so much for the other info, as well!!! Will update accordingly! What does AM APC stand for? Sorry..it's probably obvious...lol
Re: Need to update the list ... Direct Merchants Bank needs to be removed since they are not taking applications for credit-cards anymore.
