Announcement

Collapse

Forum Rules (Everyone Must Read!!!) (updated: 04/28/2015)

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as BKForum.com and will be referred to as BKF hereinafter. In order to ensure a long term success of our vibrant community, we have established certain rules and guidelines to which everyone must adhere to. Please take your time to carefully read our rules, before you start to participate in the community.

Things you agree to do:
BKFORUM.com (BKF) users agree to use the search function before starting a new thread. This prevents duplicate discussions and allows for better organized topics.

All BKF users agree to read the sticky posts which may be available at the top of a forum page. These Sticky posts often contain valuable information. They may also outline more rules and guidelines specific for that particular forum, stickies are put in place by that forums moderator(s) or admin(s).

Things you agree not to do:

All BKF users agree not to call people names or write a post simply to make a personal attack, or get a negative reaction; this behavior is not allowed on our forum. The use of derogatory language aimed at anyone will be severely dealt with. There is no need to agree with each other, or to even like each other. However, by signing onto BKForum.com you agree to treat each member and guest with the respect they deserve. No threats or personal attacks will be allowed.

All BKF users agree not to discuss, engage, or encourage any behavior or activity which violates the law. Discussion of drugs, violence, murder, theft, vandalism, fraud or any other issue which could be used to help individuals break the law is strictly forbidden.

All BKF users agree not to "bump" old threads, unless there is a specific benefit to the community by doing so. But in most cases, please don't post in very old threads, instead start new threads.

All BKF users agree not to attempt/use another members account. It is against BKF rules to use any account other than your own. Impersonating another member will result in an immediate ban. It is also against the rules to open more than one account in your own name without permission from a moderator or administrator. If you have been banned for any reason, it is against the rules to open another account. If you were banned temporarily and you are caught using another account you will be banned permanently. Choosing a moniker which is similar in either sound or spelling as a moderator or administrator is strictly forbidden.

All BKF users agree not to private message any moderator, admin, or other member with questions related to their personal circumstances (Questions about the forum or issues with the forum are ok). This forum only works when members share their experience and insights with everyone.

Things you agree not to post:
All BKF users agree not to post any derogatory/racist/or sexist remarks. This includes attachments, links and all information contained within posts, signatures, and avatars, failure to comply with this rule will result in a permanent ban.

All BKF users agree not to post any copyrighted or trademarked information without the express written permission of the owner(s) / proper citation of source.

All BKF users agree not to post any real names, addresses, telephone numbers, email addresses, social security numbers, or any other personal details (their own or other people's).

All BKF users agree not to post links, pictures, attachments, videos, or the like of pornographic content, objectionable material or extreme violence, whether cartoon or real.

All BKF users agree not to use BKF for advertising purposes without a written contract between yourself/company/agent and the administration of BKF. Blatant advertising will result in a ban.

All BKF users agree not to spam the forums. Spam includes but is not limited to posting erroneous, non-relevant-useless, off-topic, or meaningless posts. Spam may also include posts which contain no text, or large areas of blank space between lines. Simply posting emoticons without text is considered spam. BKF is the largest bankruptcy message board and all the content is intended to help other users. Please help us improve the quality of our forum by making sure that your posts are well-worded, spell checked, grammatically correct and syntaxed.

Regarding actions of moderators and administrators:

The forum is no place to air out your opinion or be judgmental of our staff and its capabilities.

All BKF users agree not to abuse or mistreat moderators or administrators. It is against BKF rules to post any information regarding bans or any other action taken by a member of the moderating or administrative team. If you wish to discuss bans or warnings please do so via PM. To place a complaint against a moderator, send a PM to a super moderator. All Moderators are equal, any decision made by a moderator must be adhered to. If a moderator tells you something you do not like, do not go to another moderator looking for a different answer. If you are caught doing this you will be banned. The moderators work as a team and respect the decisions made by their peers and will help enforce them unless an administrator tells them differently.
If you have an issue with how the forum is run, then notify one of our administrator and we will look into the situation. We have in the past and still do appreciate any input that you offer this forum. But critical input and/or judgmental postings towards the staff will result in you getting banned.


Should you find a thread offensive or out of line, then notify a Mod in a PM so they can evaluate the situation and do the action deemed necessary.

All moderators do have active "other" lives outside of the forum and help moderate this forum in their spare time throughout the days and weeks.

If you have a problem with a member or Mod follow the proper channels of reporting it.

BKF reserves the right to delete any posts which contain anti-BKF comments or discussion. Any bashing of moderators or administrators, or any of their discussion or actions will also be deleted, and the responsible posting party(s) will be banned. Any public anti-BKF advertising, communication, or posts on another forum will result in permanent bans as well.

All warnings and bans are decided by individual moderators and administrators. Warnings are preferable to bans however, for serious offenses and repeat abusers bans will go into effect. The length of the bans can vary from several hours to permanent.

All messages posted or sent including through PM are the property of BKforum.com.

All BKF users agree not to advertiser on the forum (Niether by posting, private messaging or using your signature). If you are a company/attorney/legal adviser wishing to advertise on the site or sell a product, you must contact the head administrator and inquire about our advertising packages.

All bankruptcy related opinions expressed on BKForum.com are those of their authors and not necessarily of BKF, its staff or representatives.

You agree not to copy any material/post/content from BKF without written permission from our head administrator .

By posting on this forum you agree to these terms and conditions, including any punishment deemed appropriate by moderators or administrators in the event of an offense.

Administrators/Moderators can change these rules at any time without prior notice.
See more
See less

Recommended Credit Cards

Collapse
This is a sticky topic.
X
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • #61
    Highhopes-
    Orchard reports at the end of the month, after the card has been open for a full month. So if you open the account in the middle of December, it will report at the end of January. Depending on the bureau, it will take between a few days or a few weeks to show on all your reports. (My experience is that TU is the slowest.)

    For a mortgage, 2 years is required for FHA. It can be done in less w/ sub prime lenders-if you are agressive at cleaning up your reports, and getting your score up. I am already working with someone, and expect to do financing in August. My goal is to be above 640 mid score at that time, though a 620 will suffice. (Obviously, better scores result in lower rates.) If rates were to stay the same, I'd be looking at a rate around 6.5%.

    A credit score is a useful thing, but my efforts to rebuild credit are in no way an effort to rebuild debt.
    Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

    Comment


    • #62
      staci, what do you know about FHA for 2 years stuff. i was aking you about that earlier. do you know know something new?

      i heard that if you have no lates and can show payments for 2 years after bk then you can get a prime home loan regardless of scores. is this true? is it through FHA? is it guaranteed?

      i havnt seen anything published on this yet.
      Im not an attorney or a trustee. You cant trust me either though!

      [x] - Done with 341? Join the 60 Day Club! ___________[x] - Im Discharged! Whoo Hooo!
      [x] - Poll: Should I File Pro-Se ____________________[x] - New BK Law: Median Income, Means Testing and Presumptive Abuse
      [x] - Zombie Debt Collectors Dig Up Your Old Mistakes _-[x] - Bankruptcy Law Resource
      [x] - Need A Fast Answer? Available 24/7!--__________[x] - Dont Be A Hero On Your Budget - You Wont Get An Award!

      Comment


      • #63
        For FHA, I understand there has to be nothing derogatory within 2 years of applying, and that credit score isn't necessarily an issue. The requirements (home inspections, etc.) may be more complicated.

        For FHA, you may be able to get payment history on utilities, etc. to help w/ tradeline requirements.

        I don't plan to wait that long. We're in our house now, leasing it, and I'd rather get the mortgage in my name sooner if possible. And, everything that I've found says sooner is not an unrealistic expectation. Besides, there is no guarantee that rates won't be higher on average in a year or 2...
        Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

        Comment


        • #64
          prices might be going down now too. or are you paying rent to own already on a set price. something to consider.
          Im not an attorney or a trustee. You cant trust me either though!

          [x] - Done with 341? Join the 60 Day Club! ___________[x] - Im Discharged! Whoo Hooo!
          [x] - Poll: Should I File Pro-Se ____________________[x] - New BK Law: Median Income, Means Testing and Presumptive Abuse
          [x] - Zombie Debt Collectors Dig Up Your Old Mistakes _-[x] - Bankruptcy Law Resource
          [x] - Need A Fast Answer? Available 24/7!--__________[x] - Dont Be A Hero On Your Budget - You Wont Get An Award!

          Comment


          • #65
            We're all set-as long as the person we're buying from doesn't get tired of waiting!

            We agreed more than 3 years ago on a price, and when the appraisal was done, turned out our price was below by a decent amount.
            Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

            Comment


            • #66
              HSBC - also Best Buy?

              OK,

              My discharge date will be in two weeks (the 28th). I have received a notice for a pre-screened offer from HSBC (says FINAL NOTICE - CREDIT PROBLEMS IN THE PAST ARE JUST THAT - THE PAST).

              They are offering me a $300 limit with no fees except $69.00 annual fee. Should I wait until discharge or is this an acceptable offer. BTW - I had a $2000 balance with Best Buy who I believe is with HSBC - Household Bank.

              Also, is there a way to know if there would be a reaffirm contingency on any of these offers I have or will be receiving? Thanks in advance for a reply.

              Jeff.

              Comment


              • #67
                my first offer was from orchard for a pre-approved at $39 annual fee and no monthly fees.

                you can keep that one and always use it later if you had to imo. i bet they would take you any time. from what i hear 2 months after discharge is when the offers start coming in more and more. probably gives them time to get the discharge reported and get the card offers printed and in the mail.
                Im not an attorney or a trustee. You cant trust me either though!

                [x] - Done with 341? Join the 60 Day Club! ___________[x] - Im Discharged! Whoo Hooo!
                [x] - Poll: Should I File Pro-Se ____________________[x] - New BK Law: Median Income, Means Testing and Presumptive Abuse
                [x] - Zombie Debt Collectors Dig Up Your Old Mistakes _-[x] - Bankruptcy Law Resource
                [x] - Need A Fast Answer? Available 24/7!--__________[x] - Dont Be A Hero On Your Budget - You Wont Get An Award!

                Comment


                • #68
                  Still stringing along with Aspire Visa. Limit is now $2000.00. Yearly fee $50.00 plus that 6.95 per month. But it has helped my credit reports as they report to all three. They have dropped the fee for online payments to zero. No problems whatsoever so far. My regular Visa still has the same 2500.00 limit as aleways. Interest still 12%.

                  Comment


                  • #69
                    Well, I don't think Orchard will be offering me a dime, I included them in my BK, along with union plus card. But to my suprise Chevron sent me a letter saying after my bk has cleared that its possible to get an account with them again.

                    Comment


                    • #70
                      I BK'd on Household-who is the parent company to Orchard. They gave me a card...


                      Originally posted by highhopes
                      Well, I don't think Orchard will be offering me a dime, I included them in my BK, along with union plus card. But to my suprise Chevron sent me a letter saying after my bk has cleared that its possible to get an account with them again.
                      Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

                      Comment


                      • #71
                        Household Bank - approved

                        OK,

                        I got approved with Household bank, actually got $500 limit, more than the $300 they had on offer with a $39 annual fee (39/12 months = $3.25/month) - still not bad!

                        My next account I was interested in is a Sears Card. Has anyone had any luck???? They are part of Citibank and I had a Sears MC and Citibank Visa included in bankruptcy.

                        I have read that certain banks are more bankruptcy friendly - anyone heard of that also? Thanks!

                        Comment


                        • #72
                          Citibank is notoriuos for blacklisting folks, some people have been known to slip between the cracks.

                          Comment


                          • #73
                            Citi is known for being anti-BK, and the fact that you BK'ed on Citi puts another strike against you. For a store card, I'd suggest Target.
                            Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

                            Comment


                            • #74
                              I filed Ch 13 on August 30, 2005, and was just approved for my first CC, an HSBC Mastercard! It's only a $300 limit, before I was used to nothing less than $5,000, but hey you have to start somewhere, right? Plus I have to get it in my mind that I don't want those high limits anymore, that's what got me here in the first place and I am so scared of CC's that I really don't even want them. I only applied because I know it will help my credit.

                              I've also been really successful in cleaning up my credit report, just by disputing incorrect information I raised my Experian score 47 points in a couple of weeks! Now if I could just get Trans Union to get their act together, I've disputed with them 2 times on one of my accounts that they are showing with late payments, I was never late and the creditor has emailed me that the credit bureaus have been notified. But when TU sends me the results of my dispute, they say the info was verified as correct, which makes no sense because Experian has it perfectly right. I know the creditor is not providing different info to the 3 bureaus, Trans Union is just messed up! Hopefully it gets cleared up in the next couple of months since they say corrections can take 30-60 days or so. It just sucks because I got a pre-selected offer from Providian for their card, and I am waiting to hear a response, but I bet I don't get it because they pulled my report from Trans Union.

                              Comment


                              • #75
                                Capital One

                                Hi,

                                Has anyone received any pre-approved, unsecured credit card offers from Capitol One? I seem to be getting one every other day.

                                My discharge was in Aug '03 but i have not tried to apply for any credit cards yet. I figured I would just give it some time before I tried.

                                Ive gotten plenty of these solicitions from other companys that have these outrageous fees, interest rates, application fees, yearly fees, etc....but I wont even bother with them

                                This Capitol One offer is unsecured with a line from $500 to $5000, with a 16.9% variable rate.

                                My question is...has anyone rec'd an offer like this, applied for it..and then got denied anyway?

                                I recently got my Fico score & reports from all 3 agencies and saw the tons of inquiries from various card companies checking my credit reports. Capitol One's inquiries were very numerous. So they must have some idea of my creditworthiness already....

                                Comment

                                Unconfigured Ad Widget

                                Collapse
                                Working...
                                X