Re: I"ve updated the list-hope it helps I am not sure on there policy but I was aproved 6 years post chapter 13. No anunal fee 15.9 apr and a $ 1000. line of credit . They also sent me a letter stateing after each year of on time payments they will lower the rate untill I get to the lowest rate
Re: I"ve updated the list-hope it helps Thanks! I'll add that after a few more posts! Appreciate the info!
Re: I"ve updated the list-hope it helps I was turn down for a Generations last year. (my 5th year post bk-13). So make sure that Generations do approve at the 6th year mark. Best regards, Mirage
Re: I"ve updated the list-hope it helps NanaC, thanks for getting together this list I am very interested in avoiding a "hard inquiry/declination". I am 6years past CH13 BK, and this spring is my first foray into getting credit credits.
Re: I"ve updated the list-hope it h This thread has probably helped more people than you know, NanaC. "What can I do credit-wise after bankruptcy?" has got to be one of the most commonly asked credit related questions, and Nana's list pulls it together like nothing else I've seen on the net. (And I'm a credit website ho, so I definitely know what I'm talking about, lol!) Doc
Re: I"ve updated the list-hope it helps Coppyed from another post <<Generations Bank Loan Underwriting Standards FAIR LENDING STATEMENT Credit is made available on a fair and consistent basis to all applicants who meet our lending standards without regard to race, color, religion, national origin, sex, marital status, familial status, handicap, age (providing the applicant has the capacity to enter into a binding contract), source of income, or the exercise of rights under the Consumer Credit Protection Act. Customers and prospective customers deserve the best products and service we can provide. We are committed to making all potential and current customers feel welcome and valued. UNSECURED CONSUMER LOANS AND CREDIT CARDS The general requirements for an unsecured consumer loan (including credit cards) are a credit bureau score of 650 or more, a debt to income ratio of 33% or lower, annual income of $15,000 or more, no current delinquencies and no bankruptcies within the prior two years. Interest rates range from 9.9% to 21.9% and are primarily determined based upon credit bureau scores. >>
Re: I"ve updated the list-hope it helps Add Mervyn's to the list. We got it about 2 years post BK, scores in the high 500's at the time. It is Retailers National Banks, same as Target. They do CL increases about every 3 months if you ask.
Re: I"ve updated the list-hope it helps Don't know what to say as my score at that time was 650 and my household income was about 100k. Debt rati was high, about 65%. BUT the reason for rejection was the bk-13 (filed in 1996) Best regards, Mirage
Re: I"ve updated the list-hope it h LOL, and you're the best one I've seen in a long time, DOC! You are too funny!
Re: I"ve updated the list-hope it h Add Washington Mutual Visa secured card issued by Citibank N.A. South Dakota to the list. I got approved with a prior bk that is 5 years old and I also included Citibank on my bk.
Re: I"ve updated the list-hope it helps Folks: Are there any changes or additions/deletions I should be making to this list?? Also, how about Best Buy? Thanks! Clarifications: Moved Chevron because it was thought to be a fluke and with Jim's info added. STARTER BK CARDS: score? bad. 1. Household - unsecured 300 2. Cap1 - Unsecured 300 3. Providian visa - 500 4. FCNB - unsecured - $1000 5. Cap1 - Secured 6. Orchard - Secured 6 MOS - 1 YEAR REBUILDING CREDIT: score low 600s 1. Cap1 - unsecured gold 500 2. Prov MC - unsecured 500 3. Orchard - unsecured $500 4. Target - unsecured 200 5. First Premier - $200 6. Providian Classic - $1000 1-2 YEARS REBUILDING: score mid 600s 1. Aria/Getsmart Visa - unsecured - $500 2. AT&T Wireless - No deposit 3. Nextcard - unsecured 750 no annual fee. 4. Cap1 Platinum - unsecured 5000. Yes, platinum. started w/regular card and negotiated credit line to platinum. (Wow!) 5. Cross Country Bank Visa - unsecured - $300, then $600, then $1250 over time. * 6. Cross Country Bank MC - unsecured - $350 * 7. Dillards - unsecured - $500 8. Circuit City â?? unsecured -$2000 9. Western Security Bank - secured 10. 1/00 Direct Merchants Bank $1001 (Semi-secured) 11. Sprint PCS - $200 Assigned Spending Limit 2+ Years Rebuilding: score low to mid 600's: 1. Aspire - unsecured - $500 2. Providian Gold 3. Voicestream - No deposit 4. Bank One Checking Account with Debit Card after 5 months usage 6. Mortgage 7. Nordstrom - suggest not applying on-line 8. First N.A. Nat. Bank - 3 years 9. Citibank MC- will consider post-7 years 10. Nextcard - 5 years 11. Exxon - 4 years 12. Home Depot - 4 years 13. Bloomingdales - 3 years 14. Verizon - no deposit 15. Washington Mutual Visa secured card issued by Citibank N.A. South Dakota 16. Mervyn's 17. Generations (6 year mark!) - $1000 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. Will not accept BK 1. Lowe's (MB) 2. Home Depot (MB) ** 3. Walmart 4. Mervyns 5. Exxon/Mobile ** 6. Amex Green 7. Nextcard ** 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 Smart Suggestions: 1) Try Credit Unions 2) Ford is BK friendly *See note in first message of thread ** Seen on approved and not approved both.
NanaC, in a moment of madness, last month I applied online for Juniper when Equifax score was at 701. (What was I thinking? ) Got denial letter. Reason given, presence of Bk on CR Hard inquiry on Equifax 13Bk filed june '96, fully discharged dec '2001, will fall off no later than June 2003
Thank you, Maggie! How is the Palisades thing going? You and I have very similar dates on our BK13... Clarifications: Moved Chevron because it was thought to be a fluke and with Jim's info added. STARTER BK CARDS: score? bad. 1. Household - unsecured 300 2. Cap1 - Unsecured 300 3. Providian visa - 500 4. FCNB - unsecured - $1000 5. Cap1 - Secured 6. Orchard - Secured 6 MOS - 1 YEAR REBUILDING CREDIT: score low 600s 1. Cap1 - unsecured gold 500 2. Prov MC - unsecured 500 3. Orchard - unsecured $500 4. Target - unsecured 200 5. First Premier - $200 6. Providian Classic - $1000 1-2 YEARS REBUILDING: score mid 600s 1. Aria/Getsmart Visa - unsecured - $500 2. AT&T Wireless - No deposit 3. Nextcard - unsecured 750 no annual fee. 4. Cap1 Platinum - unsecured 5000. Yes, platinum. started w/regular card and negotiated credit line to platinum. (Wow!) 5. Cross Country Bank Visa - unsecured - $300, then $600, then $1250 over time. * 6. Cross Country Bank MC - unsecured - $350 * 7. Dillards - unsecured - $500 8. Circuit City â?? unsecured -$2000 9. Western Security Bank - secured 10. 1/00 Direct Merchants Bank $1001 (Semi-secured) 11. Sprint PCS - $200 Assigned Spending Limit 2+ Years Rebuilding: score low to mid 600's: 1. Aspire - unsecured - $500 2. Providian Gold 3. Voicestream - No deposit 4. Bank One Checking Account with Debit Card after 5 months usage 6. Mortgage 7. Nordstrom - suggest not applying on-line 8. First N.A. Nat. Bank - 3 years 9. Citibank MC- will consider post-7 years 10. Nextcard - 5 years 11. Exxon - 4 years 12. Home Depot - 4 years 13. Bloomingdales - 3 years 14. Verizon - no deposit 15. Washington Mutual Visa secured card issued by Citibank N.A. South Dakota 16. Mervyn's ** 17. Generations (6 year mark!) - $1000 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. Will not accept BK 1. Lowe's (MB) 2. Home Depot (MB) ** 3. Walmart 4. Mervyns ** 5. Exxon/Mobile ** 6. Amex Green 7. Nextcard ** 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 Smart Suggestions: 1) Try Credit Unions 2) Ford is BK friendly *See note in first message of thread ** Seen on approved and not approved both.
Re: I"ve updated the list-hope it helps Nextel - No deposit. BK was a little beyond the 7 year mark and score was in the neighborhood of 690. KK
Re: I"ve updated the list-hope it helps Household denied me for a Best Buy card, and the only reason listed was "Bankruptcy" Filed 11-98, discharged 2-99, Ch7. Have a Providian, opened at 600 in 2000, now 4100. Had and closed a Cap 1 card. My wife had a Discover, and they added me as a joint on her account. And they were one of the cards that I had on my BK. My question is, I need to refi a 19% auto loan from a year ago....any suggestions?
Re: I"ve updated the list-hope it helps Please keep me informed as these change. Clarifications: Moved Chevron because it was thought to be a fluke and with Jim's info added. STARTER BK CARDS: score? bad. 1. Household - unsecured 300 2. Cap1 - Unsecured 300 3. Providian visa - 500 4. FCNB - unsecured - $1000 5. Cap1 - Secured 6. Orchard - Secured 6 MOS - 1 YEAR REBUILDING CREDIT: score low 600s 1. Cap1 - unsecured gold 500 2. Prov MC - unsecured 500 3. Orchard - unsecured $500 4. Target - unsecured 200 5. First Premier - $200 6. Providian Classic - $1000 1-2 YEARS REBUILDING: score mid 600s 1. Aria/Getsmart Visa - unsecured - $500 2. AT&T Wireless - No deposit 3. Cap1 Platinum - unsecured 5000. Yes, platinum. started w/regular card and negotiated credit line to platinum. (Wow!) 4. Cross Country Bank Visa - unsecured - $300, then $600, then $1250 over time. * 5. Cross Country Bank MC - unsecured - $350 * 6. Dillards - unsecured - $500 7. Circuit City â?? unsecured -$2000 8. Western Security Bank - secured 9. 1/00 Direct Merchants Bank $1001 (Semi-secured) 10. Sprint PCS - $200 Assigned Spending Limit 2+ Years Rebuilding: score low to mid 600's: 1. Aspire - unsecured - $500 2. Providian Gold 3. Voicestream - No deposit 4. Bank One Checking Account with Debit Card after 5 months usage 6. Mortgage 7. Nordstrom - suggest not applying on-line 8. First N.A. Nat. Bank - 3 years 9. Citibank MC- will consider post-7 years 10. Nextel - must be 7 years post BK, no dep. 11. Exxon - 4 years 12. Home Depot - 4 years 13. Bloomingdales - 3 years 14. Verizon - no deposit 15. Washington Mutual Visa secured card issued by Citibank N.A. South Dakota 16. Mervyn's ** 17. Generations (6 year mark!) - $1000 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. Will not accept BK 1. Lowe's (MB) 2. Home Depot (MB) ** 3. Walmart 4. Mervyns ** 5. Exxon/Mobile ** 6. Amex Green 7. Best Buy (Household) 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 Smart Suggestions: 1) Try Credit Unions 2) Ford is BK friendly *See note in first message of thread ** Seen on approved and not approved both.
Re: I"ve updated the list-hope it helps 2+ years Mid 600 scores: Did we add the RNB Target Visa? You got larger credit lines when they first began, but they have no bk filter on application and seem to run solely on scores. Mid 600s will get you 500-1000 with 18.9% no annual fee. The no annual fee is nice. Search the board for methods to quickly reduce the apr.
Re: I"ve updated the list-hope it helps I just verified this! I applied for a Target VISA and got a card with a credit limit of $500 and an APR of 18.9%
