Got my first credit card after bankruptcy

[downwardspiral]

We are less than a month from our discharge and I decided to apply for a card to start rebuilding our credit. I chose Captial One, I heard a lot fo good things about that card here (and bad too). I was surprised I was approved for a $3000 limit. I was fully expecting something like $300-$500.

So our plan is to put gas and groceries on this card and pay it off each month. We got a pretty decent interest rate, 12% fixed for 3 years. Again, I was expecting much higher considering the bankruptcy.

I'm a little nervous about having a card again, then again our troubles weren't because we over spent. So we should be ok.

[RedLight]

That is awesome!!! I will be discharged this week and am lookng into rebuilding my credit as well. I had a capital one cc with a zero balance and they closed it during the bk. I wonder if I could apply for a new one. What were your credit scores when you applied?

[downwardspiral]

That is awesome!!! I will be discharged this week and am lookng into rebuilding my credit as well. I had a capital one cc with a zero balance and they closed it during the bk. I wonder if I could apply for a new one. What were your credit scores when you applied?

You know I have no idea. I haven't checked my credit score since before we filed. Before we filed it was 780. I've been to nervous to check. But I know I have to, especially to clean it up in case there are mistakes.

[carbk]

I also got approved for a credit card with capital one about a month after my discharge. I only got a $500 credit line though but I did get 0% apr for 6 months and its supposed to be 8% after that. I am glad that capital one is willing to work with people who have just gone thru bk, I thought I would never be able to get a decent credit card again!

[okiemom2008]

did any of you discharge capital one in the bk? I have 5 cards with them I am discharding

[BassBoy]

Cap One may not approve you if you BK'd on them. Some lenders are like that........they blacklist you.