I applied and I was approved! Does anyone have any experience with this card?? Does it report to the credit bureaus?
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Cfna firestone card
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I have it, it survived my BK in 2008.
I use it from time to time. Just make sure you make your payment on time, the interest rate is like 24%. They even have online access so you can see your statement and pay your bill.
Haven't had any problems. And yes, it reports to the 3 credit bureaus. And they have raised my credit limit 3 times over the three years (without my asking).
Hope this helps.
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I have had mine for 18 months, nice card with 0% for 6 months, it also reports to all 3 credit bureaus. I started at $850, now over $2600 credit line. Nice for those unexpected auto repairs or tires!November 2, 2009: Filed Chapter 7, December 10, 2009: 341 Done! January 11, 2010 Last Day for Objections! February 9, 2010 Discharged!!! February 12, 2010 Case Closed, MyFico on 11/09: 550, Now: 715!
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Originally posted by NYY053 View PostI applied and I was approved! Does anyone have any experience with this card?? Does it report to the credit bureaus?
http://www.bkforum.com/showthread.php?77341-CfnaFiled CH7 9/24/2010, 341 on 10/28/2010, Disch.&Closed: 1/6/2011. FICO EX: 9/2: 672.
FICO EQ: pre-filing: 573, After BK Public Record: 568, 10/3: 673.
FICO TU: pre-filing: 589, After BK Public Record: 563, 9/2: 706.
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I believe that the Firestone card was the first unsecured card I received post-BK. The initial limit was $1,200.00. I'm not sure what the limit is right now. It may be the same, or it may have increased. I haven't checked in a while.
The interest rate is high, but there are no fees, and any purchase over $299.00 is interest-free for six months. They do report to all three credit bureaus.
I'm a proponent of cards like Firestone's for recovery from BK. They're easy to get, and because of their limited purpose and acceptance, they're a bit harder to abuse than Visa, MC, etc.
-RichardLast edited by RichM; 01-14-2013, 04:13 PM.Filed Chapter 7: 8/24/2010. Discharged: 12/01/2010
Member and Exalted Grand Master: American Sarcasm Society (A.S.S.).
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