My history: Forced into Chapter 7 - 05/93, last card "included in bankruptcy", due to come off 11/00. Main negative is Public Record bankrupcy. Currently have: Ford Car loan from 1996 - paid off early, 05/00 Cap One Visa: $900 limit, owe $500 - never late, 3 years reporting UCNB Mastercard: $1500 limit, owe $600.00 - 1 time 30 days late, almost 2 years old, reporting 4 years. AFCA Visa(Richland State Bank): $1150, owe $500 - never late, 6 years reporting 2 Gas cards - never late - paying as agreed 2 Department store cards - paid off - never late Company BoA Visa - Will this show on my reports, since this is the companies card - just my name on it? Balances will be paid off in about three - four months. My income is $41,500 + Approx $5000-7500 bonuses. Any advice would be greatly appreciated. Cadman
RE: When should I expect prime Your company card will never show on your personal record. As your bankruptcy is so old and due to fall compleately off in a few months I think you should be able to get a Prime Card soon. The only thing is how many inquiries are on your bureau? The moment you have less than 2 inquiries on it I would try and apply for a MBNA, and a Amex Blue. You owe about $1500.00 which is very negligible, all your accounts are near perfect. Your available credit is under $5K and about 10% of your salary, with plenty of room for growth. If you haven't applied lately do so, If you have been then wait for 5-6 month get your report clear of the BK and any inquiries and then do so! Easy Banks would be B of A, Citibank, MBNA, Amex, and Discover!
RE: When should I expect prime What is a sufficient amount of time to allow pass before applying for credit again if you have lots of inquiries in the past 6 months? Is 6 months from the newest inquiry generally sufficient?
RE: When should I expect prime Thanks Michael, The last inquiries are over a year old. But, as I said about the bankruptcy - it's chapter 7, so my understanding is that it will remain for 10 years not 7. I haven't been applying, because I wanted to wait until most of the negatives fell off. This has just happened as of credit reports in August.
RE: When should I expect prime If you've been free of inquiries then I would try 1-2 applications. Why not try Citibank, and maybe Bank of Am. or Capital One. See what happens!
RE: When should I expect prime WACHOVIA, Reasonable rates, great service, and no B.S. But they only take the Creme de la Creme!
RE: When should I expect prime I have a ton of inquiries in the last few months. I was approved at Chase Manhattan $2k and Citibank $9K . The Citibank just happened last Friday. They are even considering my gold application now. Listen man, give it a try. Online applications. I only applied for the basic cards and got both. Citibank I got the silver addvantage Airline card, 19.9 % And I aint got no good credit either. LOL.
RE: When should I expect prime Roni, what does your credit past look like? If you don't mind. Curious to know what Citibank's criteria is for getting a card (how bad is bad to them) thanks chet
RE: When should I expect prime Credit History Equifax: status bal *Collegefund-studentloan lender R5 0 2/99 $15,000 *Citibank x 2- studentloan lender R5 0 (can you believe it)$15,000 R5 0 2/99 *Discover Card "settlement" 2/95 0 *NCloan x 9 R5s (these deletes reappeared this month but not for long- Junum?) 4/99 original creditor collegefund above. Student loans all report with R5 and 0 balances. so technically this is 13 R5s but really 3 original R5s since 9 are duplicates. Transunion: USA funds x 3 student loans paid collection Citibank x 2 student loans paid collection They did not pull experian. I already checked. They probably used my equifax. I have about 18 inquiries in 6 months with equifax and transunion.
