Rebuilding credit after Chapter 7 bankruptcy discharge?

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4 posts
JerryW
 
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Location: Newburgh, IN

Rebuilding credit after Chapter 7 bankruptcy discharge?

Postby JerryW » Mon Feb 20, 2012 10:47 am

I am looking for a card to rebuild my credit after Chapter 7. (collapse of housing & stupidity) I was discharged 6 years ago and haven't applied for any type of credit since that time.

I really would prefer a regular credit card with a low balance than a secured card. Annual income roughly $ 55k. No debt (obviously). I would estimate my credit score to be mid 600's.

Any suggestions or help would be greatly appreciated.


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PlatinumAMEX94
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Postby PlatinumAMEX94 » Thu Mar 08, 2012 11:45 pm

Your best bet would be to go with Capital One. They cater to the subprime market. It may be awhile before you can apply to American Express, Chase or Citibank. Don't be surprised if you have an annual fee and high interest rates.
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irvine801
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Postby irvine801 » Thu Mar 08, 2012 11:48 pm

PlatinumAMEX94 wrote:Your best bet would be to go with Capital One. They cater to the subprime market. It may be awhile before you can apply to American Express, Chase or Citibank. Don't be surprised if you have an annual fee and high interest rates.

Agreed. But its a start! I say cap one as well
-American Express Zync.
-Discover IT. 4.5k limit 7.99%
-MC Citi diamond preferred. 1500 limit
-Visa Chase freedom. 2k limit.(23.24%, NOT IN USE)
-Miles by discover 1.5k limit.7.99%
-Best buy store card. 1500 limit
-Mt. America visa 1k limit

ooxs
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Postby ooxs » Fri Mar 09, 2012 9:14 pm




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