Discharged, Closed and approved for CC

[Logan]

My account discharged on monday, it closed yesterday and I was approved for an unsecured credit card from Orchard. I don't know the credit limit but the annual fee is $39.00. I figure I'll pay that once since my credit will have improved after one year and I'll get them to waive future fees or get a new card.

BK has worked well for me and I hope everyone here has similar experiences....

Logan

[Cassiopeia]

Congratulations, Logan!

[JasonK94Z]

Did you start cleaning up your credit reports right away after you filed bk? Just curious what you did?

[Cassiopeia]

Did you start cleaning up your credit reports right away after you filed bk? Just curious what you did?

Me? No.

But right before my discharge I looked on Experian I think and saw some items that were not listed as "included in BK" and I filled out the form (online) to dispute. They came back corrected. I really have not done anything else at yet. I don't even know my FICO scores. I need to start working on all that. The thing of it is, it is still SO confusing to me as to where to go to get those scores, the least expensive way. I've been reading all the posts on here about that subject and seems like everyone has a different idea.

[guzzie]

good morning....I had a friend get an orchard after a ch 7 bk.....was 39.00 fee and had a
$200.00 limit....one of the easier ones to get after bk I heard....well good for you....we all have to start somewhere to rebuild our credit.....continued god luck and have a great weekend......guzzie

[ARO96]

Congratulations!!!

We filed yesterday and I can't wait to finish this process. Hope all goes well for us as well.

Good luck.

[familyof7]

We were discharged on 7-30-07 I have a tribute master card with monthly increases and a first premier card. My husband has a tribute card as well and a rewards 660 visa he is the joint on my first premier card.

[familyof7]

We started working on ours after discharge because alot of creditors wont change the status until it is officially discharged.

[JRScott]

Congratulations

Be careful with future debt. Use it wisely

[Logan]

I don't have anything to work on as far as credit clean up. The only things on my credit are included in BK. Nothing I can change.

I intend on only using a new card to build credit so I can qualify for a mortgage asap. Money is tight in the lending business so I expect at least 2 years to get my score back up to 700.

Logan

[JRScott]

You should still check your credit reports and make sure that they are properly reporting that it was IIB.

[Boscoe]

Logan - not so fast. If there is anything that is reporting incorrectly, bk dates, payment history, date the account opened, etc., dispute it. Worst case is they come back verified. Start out with 4-5 disputes and see how they go.

But you need to do all 3. In addition to Experian, there is TransUnion.com and Equifax.com to check. You need to ensure all 3 are clean.

[Logan]

Logan - not so fast. If there is anything that is reporting incorrectly, bk dates, payment history, date the account opened, etc., dispute it. Worst case is they come back verified. Start out with 4-5 disputes and see how they go.

But you need to do all 3. In addition to Experian, there is TransUnion.com and Equifax.com to check. You need to ensure all 3 are clean.

Boscoe,

When I went into BK I had never been late and had nothing negative to report on my credit so the only things reporting are my 7 accounts that were included along with the public record. If I'm missing something I would love to know.

Logan

[dscurlock]

Me? No.

But right before my discharge I looked on Experian I think and saw some items that were not listed as "included in BK" and I filled out the form (online) to dispute. They came back corrected. I really have not done anything else at yet. I don't even know my FICO scores. I need to start working on all that. The thing of it is, it is still SO confusing to me as to where to go to get those scores, the least expensive way. I've been reading all the posts on here about that subject and seems like everyone has a different idea.

for $9.99/mo, you can access 3 reports and scores..

http://www.mycreditkeeper.com/

[Cassiopeia]

Thank you, dscurlock, I will check that one for sure.