Can I apply online? Or just wait until we receive mailers? How long should we expect to hear an answer? If I am offered a Target acct. after shopping, should I accept? I think I've seen the 'you are pre-approved' notes on the receipt.
We hardly have any tradelines as we filed a Ch7 and was d/c on 2/14/07. We did not reaffirm our 2 new(er) cars (04 and 05) and plan on paying them off (please see my side note question below...). The last time I checked, one of the cars was still showing as current on the credit report. Creditors have said that's odd, as we did not reaffirm. I have spoken with the representative in the BK dept. with this car loan (Chase/Honda), so it's not like they do not know. How long before that will be updated as '0' balance/included in BK? The other car was showing '0'bal/included almost immediately (GMAC).
So we are showing only 1 tradeline. Once the Chase (car) falls off, we'll have zero. We need to get a credit card or two going here, to get DH's 618 FICO score up. We'll eventually be looking to buy a home in a few years.
As much as we'd like a bigger car, we might want to enjoy not having any car pymts in a few years. This leads to my question about the cars, I did some checking with Saturn recently and since we never reaffirmed, I was told we could simply drop off the car and then get a new car financed (but from our 0% to anywhere from 10-15%! ha ha..no way!!!!) I had no idea that one cannot trade in a vehicle if you did not reaffirm. Not a big deal, but just surprised that the financing co. doesn't look at what you've paid into the car. Of course, its the old 'it's junk' rule once it leaves the lot, so why would they want to pay anything when the loan isn't paid off......
.....what can we expect once we pay off the cars? Will we easily get the titles? Or is there some red tape since we didn't reaffirm? They'll be paid off in 2/09 and 10/10.
Back to the cc's. I read about the Christian Credit Co.......(and also flip side...) Hooter's.....and then Cap. One, WaMu....
where should we apply? Or should one of us apply and be added as authorized users? Something tells me I should start with MY credit report as it's been 7 years since my discharge date (ch 7, d/c, back in 6/00..my name only). Then add my husband as and auth. user. The recent BK was in HIS NAME ONLY because of my yr. 2000 BK.
Can it get anymore complicated!?
We hardly have any tradelines as we filed a Ch7 and was d/c on 2/14/07. We did not reaffirm our 2 new(er) cars (04 and 05) and plan on paying them off (please see my side note question below...). The last time I checked, one of the cars was still showing as current on the credit report. Creditors have said that's odd, as we did not reaffirm. I have spoken with the representative in the BK dept. with this car loan (Chase/Honda), so it's not like they do not know. How long before that will be updated as '0' balance/included in BK? The other car was showing '0'bal/included almost immediately (GMAC).
So we are showing only 1 tradeline. Once the Chase (car) falls off, we'll have zero. We need to get a credit card or two going here, to get DH's 618 FICO score up. We'll eventually be looking to buy a home in a few years.
As much as we'd like a bigger car, we might want to enjoy not having any car pymts in a few years. This leads to my question about the cars, I did some checking with Saturn recently and since we never reaffirmed, I was told we could simply drop off the car and then get a new car financed (but from our 0% to anywhere from 10-15%! ha ha..no way!!!!) I had no idea that one cannot trade in a vehicle if you did not reaffirm. Not a big deal, but just surprised that the financing co. doesn't look at what you've paid into the car. Of course, its the old 'it's junk' rule once it leaves the lot, so why would they want to pay anything when the loan isn't paid off......
.....what can we expect once we pay off the cars? Will we easily get the titles? Or is there some red tape since we didn't reaffirm? They'll be paid off in 2/09 and 10/10.
Back to the cc's. I read about the Christian Credit Co.......(and also flip side...) Hooter's.....and then Cap. One, WaMu....
where should we apply? Or should one of us apply and be added as authorized users? Something tells me I should start with MY credit report as it's been 7 years since my discharge date (ch 7, d/c, back in 6/00..my name only). Then add my husband as and auth. user. The recent BK was in HIS NAME ONLY because of my yr. 2000 BK.
Can it get anymore complicated!?
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