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

Capital one

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Capital one

    Hi everyone,

    I'm desperate for some input and insight on this credit card. I have been getting a ton of offers from them and finally I looked at it. They keep sending me the same offer.

    The offer they sent me is:
    0% intro APR until March 2012
    22.9% variable APR thereafter
    24.9% APR Cash advances
    29.4% Penalty APR
    No annual fee

    I was discharged from Chapter 7 back in October 2010. I have not applied for any credit cards since, but a few months back started to look into because I need start building it up again.

    Does anyone have this credit card? Is this a bad card to have just to use for groceries and small purchases to start build credit again? I plan on only using it for small purchases which I will pay off in full every month. And I know even though they sent me the offers, what are the chances of them approving me for the card because of bk? Any insights or advice is appreciated.
    Last edited by lilacs80; 07-15-2011, 01:29 PM.

  • #2
    we have a cap one with a start rate of 0% for first year and then 14.99% or something close to that, under 15 %... there after. so far so good, although we ONLY use it when for example we have a major repair and just want to wait out some time to make certain we didn't get ripped off. i just like that option to dispute if i can. we thougth we could dispute with our debit card, but ran into problems with one of the ones we had. so, from that point on, any repairs or something like that goes on the card.

    one of use got 2000 to start now up to 3k
    and the other 1500 now up to 2000.
    8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

    Comment


    • #3
      Originally posted by tobee43 View Post
      we have a cap one with a start rate of 0% for first year and then 14.99% or something close to that, under 15 %... there after. so far so good, although we ONLY use it when for example we have a major repair and just want to wait out some time to make certain we didn't get ripped off. i just like that option to dispute if i can. we thougth we could dispute with our debit card, but ran into problems with one of the ones we had. so, from that point on, any repairs or something like that goes on the card.

      one of use got 2000 to start now up to 3k
      and the other 1500 now up to 2000.
      14.99% is a much better APR than what they are offering me! Which Capital One card do you have?

      Comment


      • #4
        Originally posted by lilacs80 View Post
        14.99% is a much better APR than what they are offering me! Which Capital One card do you have?
        what do you mean...it's a mastercard??? from capitol one, it has cute sun on it? LOL!!

        we got the offer last year, so it may not be around anymore?
        8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

        Comment


        • #5
          Originally posted by tobee43 View Post
          what do you mean...it's a mastercard??? from capitol one, it has cute sun on it? LOL!!

          we got the offer last year, so it may not be around anymore?
          Haha....cute!

          I just jumped onto the Capital One website and they have a ton of different cards listed....cards people could apply for depending on what they want or need. So I was wondering which card you had. You have a really offer. I think because I'm newly bankrupt....22.9% might be the best they give me.

          Comment


          • #6
            Originally posted by lilacs80 View Post
            Haha....cute!

            I just jumped onto the Capital One website and they have a ton of different cards listed....cards people could apply for depending on what they want or need. So I was wondering which card you had. You have a really offer. I think because I'm newly bankrupt....22.9% might be the best they give me.
            we were only out of bk for about a month before we got the offer, but i think understand why.

            we paid ALL our cc's up until the time of filing, so basically they didn't have the opportunity to report over 90 days etc. so our scores were well over 600 right after we filed.
            8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

            Comment


            • #7
              Originally posted by tobee43 View Post
              we were only out of bk for about a month before we got the offer, but i think understand why.

              we paid ALL our cc's up until the time of filing, so basically they didn't have the opportunity to report over 90 days etc. so our scores were well over 600 right after we filed.
              Ahhh....I see! Thanks for your response. I appreciate it.

              Comment


              • #8
                no problem! good luck with it! you may have bite the bullet for a while and then hopefully get the rate lowered. but really you need not worry about that at ALL provided you pay them in full within the 30 days
                8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

                Comment


                • #9
                  Originally posted by tobee43 View Post
                  no problem! good luck with it! you may have bite the bullet for a while and then hopefully get the rate lowered. but really you need not worry about that at ALL provided you pay them in full within the 30 days
                  Will totally have to bite the bullet. But it's all good. Thanks again!

                  Comment


                  • #10
                    Originally posted by lilacs80 View Post
                    Will totally have to bite the bullet. But it's all good. Thanks again!
                    welcome...anytime!
                    8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

                    Comment


                    • #11
                      We were in the same situation with the same offer as OP. We used the pre-approval to apply and each got a $2500 limit card, no AF, and same interest situation. We don't plan on carrying a balance, so we charge less than 10% each month and payoff. The usage is reported to all 3 bureau's each month so thats good. They gave me a good limit and no AF, which is all I was looking for. Interest doesn't matter, as you shouldn't want to carry any balance anyway. Good luck!!
                      Discharged Chapt 7 on 7/7/10.
                      Scores as of 7/12/11: EQ Fico 653; TU Fico 644; EX Quizzle 652
                      Only card right now is Cap One $2500, no AF, approved 12/4/10.

                      Comment


                      • #12
                        Originally posted by ssc2761 View Post
                        We were in the same situation with the same offer as OP. We used the pre-approval to apply and each got a $2500 limit card, no AF, and same interest situation. We don't plan on carrying a balance, so we charge less than 10% each month and payoff. The usage is reported to all 3 bureau's each month so thats good. They gave me a good limit and no AF, which is all I was looking for. Interest doesn't matter, as you shouldn't want to carry any balance anyway. Good luck!!
                        Thanks for your reply! That's what I'm thinking too. I don't plan on carrying a balance on the card. I plan to use it for small purchases that I can pay off in full, that way I can start rebuilding my credit. I haven't applied for anything since my discharge. So I think now is a good time to start.

                        Comment


                        • #13
                          I just applied online with one their offers I received. APPROVED! Whoopie!

                          Comment


                          • #14
                            Originally posted by lilacs80 View Post
                            14.99% is a much better APR than what they are offering me! Which Capital One card do you have?
                            Who cares what the APR is on any credit card you use? You're not going back into debt are you? When you pay credit cards off in full you pay 0% interest!

                            Comment


                            • #15
                              why does capital one hate me?
                              discharged 7 months ago
                              applied 3 times ,no dice
                              Filed chapter 7 on 9/17 341 on 10/20
                              Chapter 7 Trustee's Report of No Distribution on 10/21
                              Discharged and Case Closed on 12/21/2010

                              Comment

                              Unconfigured Ad Widget

                              Collapse
                              Working...
                              X