Is WaMu BK friendly? Anyone recommend others?

[dp1969]

That gives me HOPE! We have 2 zero balance VISAs with credit unions - sooo hope they survive! We've had them for over 25 years with good credit and our BK is not really about credit cards.

You should be just fine with the Visa's. We purposely paid our Visa off before filing as we have checking/savings accounts, car loan and family members that work there. We didn't want to cut those ties.

[PoorGrammyinBK7]

We decided to give it a try.
My husband still has a Visa from the credit union that we did not include in the BK.

That gives me HOPE! We have 2 zero balance VISAs with credit unions - sooo hope they survive! We've had them for over 25 years with good credit and our BK is not really about credit cards.

[Stilltheone]

We looked into a Wamu, but couldn't apply online.

My husband and I each got 2 new lines of credit:

DH:

Hooters: $500 limit
Orchard Bank: $750 limit

Me:

Orchard Bank: $750 limit
Capital One: $1000 limit at 8.65%!!!! ---Almost fainted when I read that.

I agree with BassBoy. Everyone's different and some may be approved, while others are not.

Good luck!

[BassBoy]

Super!!!!!

MOST EXCELLENT!

We decided to give it a try.

Went on Orchard Bank and each of us got approved for $500 with a $35/annual fee and 14.95%. Then we applied at WaMu. My husband was approved for $1800, no fee and 0% until Feb 2009. Then it goes to a variable but we are not planning on carrying a balance. I had the same conditions but got approved for $2000. So, Yes, everyone is different. These are the only cc's we are going to apply for. My husband still has a Visa from the credit union that we did not include in the BK.

[dp1969]

We decided to give it a try.

Went on Orchard Bank and each of us got approved for $500 with a $35/annual fee and 14.95%. Then we applied at WaMu. My husband was approved for $1800, no fee and 0% until Feb 2009. Then it goes to a variable but we are not planning on carrying a balance. I had the same conditions but got approved for $2000. So, Yes, everyone is different. These are the only cc's we are going to apply for. My husband still has a Visa from the credit union that we did not include in the BK.

[BassBoy]

WaMu will extend credit after a BK. I have a WaMu CC ($1000 limit) and for the most part, they have been fine to work with. Although I don't carry much of a balance, so I haven't had to deal with any issues. I applied for a WaMu card about 8 months after my BK, but prior to that I had a small limit, annual fee based card, so I had done a little rebuilding. All I can say is, you can apply for the card and see what happens. Everyone's situation is different and everyone's credit profile is different, so some applicants may get approved, while others do not.

[yoyoma51]

We did Capital One about three months after discharge. $3000 limit Platinum MC, no fees, 20% interest but we don't carry a balance.

We did work really hard cleaning up our credit reports before we applied, however.

Our credit union also gave us a $1000 MC.

[magyar123]

There are several outfits - like Orchardbank and Householdbank that will approve you almost right out of bankruptcy. Each starts you out with low limits, charge annual fees and have predatory/loanshark level interest rates, and are reeeaaal slow in increasing limits.

[dp1969]

OK, we are about 4 months out on our discharge and looking to apply for a credit card. I've read all the success stories of people applying for unsecured cc's and are nervous about applying. We are getting offers from WaMu and thought I read that they were BK friendly...never had a cc from them before. Read something about a Hooters card and checked the website...looked promising (don't care about the name). We were hoping for trying (with a chance) for unsecured cc's but if secured are recommended, then so be it.

Kicker is we haven't checked our credit score yet. In January (before filing) I used the "free annual" check to see why we couldn't get approved for a refi on the house (hence leading up to the BK). Now, we have to pay and I was told use http://www.myfico.com/12. Anyone use this?

Should I check the scores first or can I just apply?