Got Orchard Bank Card 30 Days After Discharge

[FloridaGirl]

I received a new Orchard card a couple weeks ago. I was discharged in June of this year. I never thought I would get another credit card so soon! I was so happy. My limit is only $300, but hey, that's enough right now. I just want to build my credit back up. I don't know if it will ever be where it once was, I hope so. But I'm so glad I learned a lesson from filing BK. I learned how important credit really is, and if your credit is shot, you can't get anything. I plan to use my Orchard to go out to eat once a month. I know it won't do any good to help re-build my credit if I don't use it, so I'm just going to use it here and there and pay it off every month. After not having any credit cards for about 3 years, it felt so incredible to finally have another one in my hand.....and to know I was approved felt even better! I guess there is life after BK.

As for my friend who is filing, I don't suppose she will be approved for an Orchard account. She is filing on a Bowflex machine she got several years ago, and Household bank finances Bowflex accounts. Oh well...maybe she can get credit through someone else.

[sunshine08]

FLORIDAGIRL - Watch out for fallout posts with the your last comment. Some have "bolts". If you get my drift?

[FloridaGirl]

Why, it wouldn't be too shocking if I got a fallout post.

[marko56]

Look at the thread I started. Talking about going off topic....

[lb0605]

Nope nothing negative on any of the three credit reports except the original bankruptcy, so I just don't get it. Oh well Capital One likes me so I am happy.

[InDebtInMD]

Cap One sent me two of those 'you're preapproved' offers in the mail last week. I went ahead and sent one in just to see what happens. The inquiry already showed up at Experian and didn't impact my credit score at all.

If I get it, I may use it sparingly to re-establish credit.

If not, no biggie.

Thing is - someone earlier posted something that made sense to me - in theory we are a better risk after filing BK since we can't do it again for a number of years (not that I would ever want to).

[Whittio]

Oh Lord I hope nobody sends my mom a card offer. I know it's only been a few weeks since she filed and started with her "budget" I put her on, but she's doing well! She's sticking to it even though it's hard! She'll have a few hundred saved up by the end of the year, this is the first time in her life she has ever put money AWAY!! A new card offer and acceptance would only destroy it!

I was going to offer any "help" I could to her (if she needs something she can't afford) but I don't have the money either, and I know she can't pay me back. But if she's successful in putting money away, when something comes up, she'll be ready!! It's so exciting to me.. I can't believe she has listened to me, and it's WORKING!! I don't want anything to get in the way of that. I know she's an adult, and that's what makes things hard. If only I could keep creditors from offering credit to her, I would!