- Posts: 1
- Joined: Wed Mar 30, 2016 3:40 pm
This card is highly recommended for people who have had a bankruptcy, which I had. I had thought that for secured cards did not matter, since they will have the money in case you do not pay your bill. So I applied. I own my home, am retired, have an annual income of $59788 and, some 3 months after bankruptcy, have an experian based FICO score of 627, which is tot bad right after bankruptcy. (Right up to bankruptcy I had a perfect credit history, not even a single late payment) Post bankruptcy I have opened auto loans, 2 with subprime lenders right after discharge in December, then 2 more with a credit union in February to get rid of those high interest subprime loans. The original 2 loans have been paid off. I also have a reaffirmed $99/month RV loan with that same credit union,
They turned me down. Anyone have a clue why? I would have thought, as far as recently bankrupt applicants were concerned, I'd look pretty good.