I was wondering which credit card issuers you can burn in a BK and then they will actually take a chance on you again. And also within what time frame from the Bankruptcy.
Cap1. Included them in my Ch7, 1 year later they sent me an invitation for an unsecured card. Took it, the only new CC I've gotten since my BK 2.5 years ago.
Re: Re: I burned them in BK, they approved DanS, Those FICO scores are 2.5 years since BK? Nice! I had close to 100 negatives when I started between the 3 CRA's. I don't know if you were in as bad as shape as I was low-mid 400's on all 3. DanS, Was your bottom in the 500's? Anything at all would be great.
Re: Re: I burned them in BK, they approved Cap1- included in BK for ~8k, gave me a card within 3 mos of chapter 7 for 300. Had second and third card within 2 years out. Totaled 3 cards for over 13k CL within 4 years out. Citi/Univ - included in BK for ~8k, just received pre-approval and then card, 15k CL (almost 6 years out now). I should note, however, I wouldn't use the term 'burned' when describing my BK. Mine was a last chance for me to get out of a really bad situation caused by a medical mistake. The term 'burned' to me sounds like it was done on purpose and I can only hope no one would do that to themsleves (or others). Shawn
Re: Re: I burned them in BK, they approved I fully agree with what you just said. The problem is that you can only fit so many letters in a subject. The Capital One story that you just gave is exactly what I was looking for. Any more? I don't just mean credit cards that you can get after a Bankruptcy, I mean the ones that you included and then they took a chance on you again. Timeframe also.
Re: Re: I burned them in BK, they approved supershawn..........did you get that att/univ in the mail as a pre-approval or apply? I always thought they were BK unfriendly period. That is good news.
Re: Re: I burned them in BK, they approved Citi/Univ card was a pre-approval I got in the mail. Amex is supposed to BK-unfriendly as well, but I kept my green Amex through BK and received an Amex Blue with a 20k credit line a few months ago. The cards I listed above were ones I included in BK (Cap One and Citi)... both at around 8k write-offs for them. Cap one tried to get me to re-affirm during BK but it was not a good offer.....basically, they offered to 'forget about' the 8k I owed them and give me a 3k card IF I gave them 3k. On advice of my attorney, I declined. I will be 6 years post bk first of the year. My scores are in the low 700's now. Shawn
I included Nordstrom in my BK. Afterwards I had to talk to their CSRs because it wasn't reporting right on my credit reports. For a company that was included in the BK, the reps were very helpful. They told me that Nordstrom would issue me a credit card again with a good post-BK credit history. (i.e., their approval process was strictly score-driven, and I wouldn't have to pay Nordstrom back any of the money that was discharged.) I haven't tested this yet becuase I now live in an area without a Nordstrom. But Jim, who used to be on this board, said it worked for him.
Re: Re: I burned them in BK, they approved Brad J, did you burn Nordstroms first in a BK before being approved? That was what I was looking for.
Re: Re: I burned them in BK, they approved Has anyone burned Target, or Circut City or Providian or etc. in a BK and then was approved with the BK still on the report? If you did what time frame was it done in.
Re: Re: I burned them in BK, they approved Providian, I suspect, is BK paranoid. Had an account w/them, zero balance, did not include them in my Ch7. They canceled me. That makes sense, got my AR and there was a BK. This blew me away. A few months ago - like 2 years post BK and getting my Prov account canceled, I applied for another Providian card. Instant rejection and NO inquiry on any CR. The consensus here was that Prov keeps an internal list. It appears I've been blacklisted and I never burnt them for one penny!
Re: Re: I burned them in BK, they approved The following issuers who have issued me a credit prior to bankruptcy and I've since reapplied almost 10.5 years later are: Nordstrom, Citi, and Amex. Nordstrom was the only one who reissued me a credit card. For the most part, Citi and Amex never forgets!
Re: Re: I burned them in BK, they approved J. Vick, Sorry. To answer your question, Nordstrom was not included in my BK.
Re: Re: I burned them in BK, they approved supershawn...........sorry to pester you to death but you have had some of the best success at credit after BK. I am several years out also and plan to try for a better card. Is your BK still on the CRA's or did you dispute it off? I would like to try for Att/Univ or perhaps Citi, who will consider BK according to the creditnet list. I am 8 years out with no lates on my sub-prime cards. Probably a phone app is best in this situation so you can discuss it rather than get a auto-reject from the online app. Agree?
Re: Re: I burned them in BK, they approved Sorry for the stupid question, but how do you dispute off a bankruptcy?
Re: Re: I burned them in BK, they approved O.K I burned Household in a BK and they approved me for $5000 last week. Anyone else????
