Pre-Approved Credit Cards sent to me right after filing CHP 7

[Susan]

I got 2 Pre-Approved Credit Cards sent to me right after filing for Chapter 7.
They both have an annual fee of $99 a year.

I need a credit card. Mainly just for the convenience
when buying gas or small purchases at stores.
I don't like using cash because I have been given the wrong
change many times. Plus I hate having to deal with change.

I wouldn't mind paying $50 a year but not $99.
Are there other secured cards that have better rates? Thanks

[free2breathe]

CapOne has offered a lot of people on here a $19 annual fee that is waived for the first year. Go to their website and fill out the app and you'll know within minutes if you qualify.

[angles]

Same here. One CC (orchard) approved us but in their ad they did not say anything about an annual fee until we got the card. They wanted $66/year so before activating i called and asked to have the fee removed. The guy compromised by offering a $33 fee the first year and then if all goes well they will waive it the next year. So call and negotiate before activating the card.

We also received a Cap one card with no annual fee.

[Susan]

thanks . .

>> CapOne has offered ....

One of the banks that I had a credit card with was Capital One.
Are they going to reject me because of my past with them?

[free2breathe]

thanks . .

>> CapOne has offered ....

One of the banks that I had a credit card with was Capital One.
Are they going to reject me because of my past with them?

DH had a card with them that was included in bk. He was sure they would deny him, but they approved within 60 seconds.

[Susan]

>> DH had a card with them that was included in bk.

Ok. I can't figure out what "DH" stands for.


>> but they approved within 60 seconds. . . lol

I have my 341 this Fri. Is it too early to apply for this Cap One card?

[free2breathe]

DH = darling husband ;)
I would definitely wait to apply until after you've been discharged.

[discombob1]

Definitely wait to get a card. You will get a ton of offers. Cap 1 is the best for no annual fee. If you want to go secured, Addison Avenue Credit Union has a nice secured Visa with no fees. A lot of people like Public Savings Bank secured also.

[scorpion35]

>> DH had a card with them that was included in bk.

Ok. I can't figure out what "DH" stands for.


>> but they approved within 60 seconds. . . lol

I have my 341 this Fri. Is it too early to apply for this Cap One card?

are u in a hurry to get back into debt?

[Susan]

>> are u in a hurry to get back into debt?

No. Read my first post for the reasons.

Looks like Cap One raised their fee to $29 :
http://www.capitalone.com/creditcard...edit-card/faq/

[Chowder]

>> are u in a hurry to get back into debt?

No. Read my first post for the reasons.

Looks like Cap One raised their fee to $29 :
http://www.capitalone.com/creditcard...edit-card/faq/

Don't forget about Hooters!
Only card I applied for after, had several others survive the BK. No fees and a nice limit.

[Susan]

Don't forget about Hooters!
Only card I applied for after, had several others survive the BK. No fees and a nice limit.

>> had several others survive the BK.

What do you mean by that? You can still use some of the credit cards you defaulted on?

[Chowder]

>> had several others survive the BK.

What do you mean by that? You can still use some of the credit cards you defaulted on?

Didn't say I defaulted on those specific accounts.

In a nutshell, they are accounts I had forgotten about with zero balances. 5 total.
After discharge I pulled a CR and saw them listed open and in good standing. I went through my drawer and the cards were still in there not yet activated. I activated the 3 major CCs I wanted, and later added the Hooters MC.

Currently have small balances on 3 of them.

[daxtell]

when i read this my first thought was the same as scorpion. why do you need a credit card if you could use a debit card the same way for those gas purchases or small items? unless you need the credit card for other reasons after bankruptcy like rebuilding credit.

[Susan]

>> need the credit card for other reasons after bankruptcy like rebuilding credit. Yes, that is one of the main reasons.

Keeping track of small purchases is harder to do with a debit card. With a credit card, you just have to pay
one bill everyone month for all the purchases made. Otherwise you have to make a note of when you make
a charge with your debit card and deduct from you checking balance, which is a pain.