Do we share the same situation?

Discussion in 'Credit Talk' started by CAS2, Sep 9, 2003.

  1. CAS2

    CAS2 Well-Known Member

    I'm 3 months post-BK (Ch 7) but came out with a *relatively* OK score (high 500s). I qualified for an unsecured Orchard Bank cc one month post-discharge with a $500 credit line and I have been paying it off almost immediately after I use it. Never carried a balance and I've had it since end of July.

    Also consolidated my student loans and I have made first payment toward that loan...

    Pulled my credit right after discharge and corrected all errors. Thankfully, all is reported accurately so I'm not involved in any quarrels with anyone like creditors or agencies.

    The last time I pulled my credit score, it was 569 on EQUIFAX. That was over a month ago.

    My question is: I'm curious to see whether my score has improved at all. Is it too early to pull it again? Should I pull all 3? What do you suggest?

    Also, I'm looking for another credit card b/c I was told it's best to have at least 2 NEW lines of credit post-BK. Can anyone suggest a card that would be likely to approve me, given my not-so-good credit?

    Thanks so much for any help you can offer me.
  2. BrettS

    BrettS Well-Known Member

    Scores update immediately if something changes on your report, however, if nothing major has changed, then your score is likely to be very similar. If Orchard Bank has reported that you paid on time for another month, then that would likely improve your score a little. Otherwise, if you haven't had an investigation end or anything else change, then it's probably too soon to see much of a difference.


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