Credit Karma Score out of BK

[Amy26]

How do you know if a credit union is bk friendly? Other than its not being Wells Fargo, of course.

There is another site that keeps track of all credit card approvals and "BK Friendly Creditors". Of the ones I know, I will list which ones are BK friendly (from my own personal experience and others):

DCU: Digital Federal Credit Union (anyone can join - believe they are friendly pretty early on after discharge)
Alliant FCU (anyone can join - usually friendly betwen 1-2 years post discharge)
SDFCU: State Department Federal Credit Union (anyone can join - not sure on how long after discharge, I didn't apply till 2 years)
Congressional Federal Credit Union - anyone can join (unsure on time after discharge)
PSECU (Pennsylvania State Employees Credit Union) - Anyone can join if you live in PA (3 years post discharge)
Navy Federal CU (restricted membership, friendly between 3-6 months after discharge)
Partners Federal Credit Union (restricted membership, friendly between 6 months - 1 year)

Those are the ones I know off the top of my head (and ones I'm a member of). Membership should be fine for any BK people to join up but the time frames I listed are for obtaining credit products.

Also, I know others have said it already but please do not put a grain of salt in the Credit Karma credit score... it can be WAY off from your real score.

[Postbankrupt]

Yes, absolutely! Actually, you don't even have to wait that long for a secured card as your deposit acts as your credit limit. ******** After you have had your secured card for a few months, you can start to apply for an unsecured card in order to rebuild your credit further. Good luck!

[hrguy]

Mine was 501 during my BK proceedings when I checked around May, 2012. In August, after discharge and some clean-up, it has since went to 642 and sat there.

[Postbankrupt]

Your score is very good a few months out of bankruptcy. Credit.com has a better credit report card than Credit Karma. Their scores are more accurate. Credit karma is owned by Transunion. Check out credit.com's credit report card. It's free. Good luck! Absolutely apply for a secured card you shouldn't have a problem getting approved as it's backed by your deposit.

[ValleYum]

Your score is very good a few months out of bankruptcy. Credit.com has a better credit report card than Credit Karma. Their scores are more accurate. Credit karma is owned by Transunion. Check out credit.com's credit report card. It's free. Good luck! Absolutely apply for a secured card you shouldn't have a problem getting approved as it's backed by your deposit.

We do not allow advertising links embedded in forum posts - I removed one from your post above. I am sure you have read the forum rules and if you haven't, now is a great time to do it. This is your final and only warning. Thank you.

[frogger]

We do not allow advertising links embedded in forum posts - I removed one from your post above. I am sure you have read the forum rules and if you haven't, now is a great time to do it. This is your final and only warning. Thank you.

Actually, that was his second warning, for I gave him a 3 day vacation earlier. I do think that we'll just show him the door......

[Katie2012]

Credit karma sucks. Plain and simple. They lie about your score. Also, wtf is up with all the bs advertising on this site which has NOTHING to do with bk???? seriously......then people can't post their helpful links but this site can advertise all kinds of other crap??? wth?

[tobee43]

Credit karma sucks. Plain and simple. They lie about your score. Also, wtf is up with all the bs advertising on this site which has NOTHING to do with bk???? seriously......then people can't post their helpful links but this site can advertise all kinds of other crap??? wth?

welcome to the site katie!!! too funny as you were writing this i just rec'd a notice my score had changed. it's soooooooooooooooo far wrong....their info is so incorrect saying i have lines up to 45k with an outstanding balance of 55 open accounts of 1800.00 ........what???? crazy!

[frogger]

Also, wtf is up with all the bs advertising on this site which has NOTHING to do with bk???? seriously......then people can't post their helpful links but this site can advertise all kinds of other crap??? wth?

It's called Google adsense, which helps fund the forum. Management has set the advertising policy as to what is acceptable and what is not.

As long as management has their policy, it is the rule and will be respected.

[Pjmax]

Credit karma sucks. Plain and simple. They lie about your score. Also, wtf is up with all the bs advertising on this site which has NOTHING to do with bk???? seriously......then people can't post their helpful links but this site can advertise all kinds of other crap??? wth?

With Google Adsense (as Frogger said), you can set some parameters for the type of ads you want or want to block, but some that come through are quite a stretch. I had an art/design website and set my adsense ads accordingly. I still ended up with ads for Viagra.

[LSUTiger32]

I am almost three years out and my CreditKarma FAKO is 693. My wife's is 666 which makes no sense really because on the real scores hers is ALWAYS higher.....and usually by a good bit. Just shows you how bad these things are.

[SadPanda]

I made a Credit Karma account a couple weeks after filing my bankruptcy. I checked my score again today and it went up 75 points since I first looked at the score, although the debt hasn't been discharged yet (I just had my 341). That's the TransRisk score, and the VantageScore went up 33 points. The amounts in the "Other Loans" section went down thousands of dollars too (although I'm not sure that section was accurate in the first place - the amount was close to what I owed in credit cards, so that must be what that referred to). I think the scores first went up once the "public record" (bankruptcy) showed up on the report, although that may have coincided with the first "Other Loans" decrease. The scores keep going up, probably mostly due to those "Other Loans" going down. I know these scores may not be my "real" scores or even close, but it's kind of fun to watch the scores go up anyway!

[Pjmax]

Sadpanda, mine has been going up too since I filed. My 341 was today also. Can't for the life of me figure out why. At the same time it posts a negative, like BK filing which they've posted twice as two separate things, my score goes up. My score has gone up nearly 60 points. I figure I'll wait until a few months after discharge before spending money on Myfico.

[SadPanda]

Same here - I'm curious how close the scores really are, but not curious enough to spend money on it. I probably will at some point, though. There are free trials out there that let you see your scores, but I have the feeling it's usually a hassle to cancel the trials in time. You probably have to call and they will end up offering you some cheaper deal or something. That scenario reminds me of all the times I had to call a credit card company to activate a new card (including when they would send the new card after the old one expired), and the person on the phone tried to sell me all these different programs (credit monitoring, identity theft protection, etc.) that I wasn't interested in purchasing, and it was an ordeal trying to get off the phone with them. I didn't want to be rude or just hang up on them, since they had so much of my sensitive personal information.

[ace300s]

I've been discharged almost three months now..

My Credit Karma score out of BK7 is 634 and has not changed in 3 months. The Credit Karma VantageScore is 548 also unchanged.

I just signed on to Credit.com and Experian score is 581 and the Vantage score is 597. Fico shows 582.

Interesting numbers? My Credit Karma score is 50 points higher than Credit.com and my Credit.com Vantage is 50 points higher than Credit Karma.

Not sure what this all means? Any comments? Looks bad to me! Will they go up????