- Centurion Member
- Posts: 3756
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
Molly wrote:Hi, I'm a long-time lurker and new poster. I am in the process of divorcing my ex and his bad financial habits. I live in a community property state, and in order to rid myself of the marital debt, I recently filed a Chapter 7. I now have a chance to do this the right way on my own, and I want to establish (and be able to reap the benefits of) a good credit history. I understand that CC companies come out of the woodwork after a BK filing, but I want to make sure I make smart choices and don't just grab at straws to reestablish myself. What are some good cards for me to look into that will solidly rebuild my credit and maybe give me something in return? Thanks in advance!
Right after a Ch. 7, many lenders (like Discover and Bank of America) will likely decline you even for secured cards. I'd suggest joining SDFCU (which you can do through a $5 membership in the American Consumer Council). SDFCU doesn't do a credit check on applications for secured cards.
Love: IHG, Platinum, Sallie Mae, AA Plat, CSP
Like: Discover, ED, BCE, Hyatt, Arrival, Freedom
Might drop: BrooksBros, Prestige (Costco PC?)
Might add: Proper business card, CSR, Ritz, Delta Gold
Letting new accounts cool off since May
Really not sure what I'll add next or when