ESSYLU

15 Contributions 249 People Helped Top Contributor

Member Since: July 2013

Most Helpful Contribution

OpenSky® Secured Credit Visa® Card

Apr 27, 2019
Did what I needed it to.
Helpful to 110 out of 111 people

The process for geyting this card isn't the easiest in the world but also not too terrible. You need to provide them with authenticating documents like a driver's license. I had to submit mine multiple times before it was accepted all while they held my $200 deposit. However what's great is they don't pull a hard inquiry on your credit and as long as they can authenticate you you'll be approved. The card did what I needed it to do. I just had a bankrupcy due to hardship and I needed to start building credit again. It immediately made my credit go up almost 50 points. I set it up on auto pay and kept the balance below 30% utilization. After 6 months my credit was a 650 and I qualified for an unsecured credit card and I closed this one. I'm grateful the is stuff like this available to people trying to recover from unfortunate circumstances. Thank you!

Activity (15 Total Contributions)

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Target REDcard™

Jun 23, 2019
No problem qualifying with a bankruptcy
Helpful to 89 out of 89 people

There was a special deal being offered with the card at the time and I had made a very large purchase so the cashier offered me the card. I initially wasn't going to apply because I had recently had a bankruptcy and my score was pretty low but they told me they had seen people below 600 approved before. I was approved no problem while at the cash register. I was only approved for a $200 credit limit but that was plenty for me since I was still in the rebuilding credit phase. I saved 5% and got a great coupon and a $20 gift card. Never had a problem with it.

OpenSky® Secured Credit Visa® Card

Apr 27, 2019
Did what I needed it to.
Helpful to 110 out of 111 people

The process for geyting this card isn't the easiest in the world but also not too terrible. You need to provide them with authenticating documents like a driver's license. I had to submit mine multiple times before it was accepted all while they held my $200 deposit. However what's great is they don't pull a hard inquiry on your credit and as long as they can authenticate you you'll be approved. The card did what I needed it to do. I just had a bankrupcy due to hardship and I needed to start building credit again. It immediately made my credit go up almost 50 points. I set it up on auto pay and kept the balance below 30% utilization. After 6 months my credit was a 650 and I qualified for an unsecured credit card and I closed this one. I'm grateful the is stuff like this available to people trying to recover from unfortunate circumstances. Thank you!

Target REDcard™

Oct 25, 2019
Just got a Credit Increase!
Helpful to 43 out of 43 people

I've already left one positive review because they gave me a chance right after a bankruptcy. However, they started me out with a $200 credit limit. I had no problem with this since I was just trying to build credit again. I've had the card now 5 months and they just raised the limit to $700. The only things I have done is purchase things like I normally would: diapers, some groceries, a video game, a few household items etc. But I've spent money on the card every month. I've also paid it off in full every month. I'm just throwing that out there for people who say they've had a hard time getting an increase. All together I've only spent about $600 on it in the last 5 months but I guess that's pretty good when your limit is $200. Curious to see what happens in another 5 or 6 months. Good luck everyone.

how do i get my score up

Apr 27, 2019
Helpful to 2 out of 2 people

I would say that it's mainly a waiting game. People with 800 scores like my parents have had the same accounts open forever. They've never been late and they stay below 30% utilization. Typically you'll need diversity: mortgage, auto loan, and credit cards. Your average age of accounts will need to be atleast 10 years and no hard inquiries and obviously no collections or late payments. Also need to keep utilization under 30% on credit cards, but under 10% is even better.

Indigo® Platinum Mastercard®

May 10, 2019
Helpful to 1 out of 1 people

Under the circumstances I would dispute the late payments with the credit bureaus. You may be able to get them removed. I've had a little success having things removed.

Target REDcard™

Sep 15, 2019
Helpful to 2 out of 3 people

A late payment doesn't show up on credit report until it's 31 days late. So you should be good.

how do i get my score up

Apr 27, 2019
Helpful to 2 out of 3 people

Try to get the collections removed witg a credit repair company. Ive used Lexington law and credit saint in the past. Both did a good job.

Target REDcard™

Nov 09, 2019

You likely won't see an increase for 5 or 6 months.

Journey® Student Rewards from Capital One®

Nov 09, 2019

Sorry that you had a hardship. Unfortunately the late payment won't be removed for 7 years. So I wouldn't continue to wait around for that. Just try to make sure all future payments are good.

How can I raise my credit score 100 points in six months with a bankruptcy?

Oct 19, 2019

10 years for a chapter 7, 7 years for a chapter 13.

How can I raise my credit score 100 points in six months with a bankruptcy?

Oct 19, 2019
Up 155 points in 7 months

I was at 520 right before filling, 7 months post discharge sitting at 675. I first got a secured cc from open sky since they don't do a credit pull. Then a secured loan from self. Again they don't do a hard pull. Then I leased a new car. They were offering a fantastic deal to get rid of last years model so they were willing to work with me. Lastly I got a target red card. I got all this credit within 3 months of discharge. Always pay on time, and keep utilization below 10%. Hoping to be above 700 in the next 6 months.

Victoria's Secret Angel Credit Card

Oct 18, 2019

I'm not sure what you're talking about. But credit scores are never zero. They don't start that low.

Target REDcard™

Sep 15, 2019

I'm sorry I didn't realize there were responses. I actually got the target card the same week my Bankruptcy was discharged. My credit was low. Maybe slightly above 600. I did have a car loan and school loans still on my credit not included in the Bankruptcy and they didn't have any late payments. So it's possible that influenced the decision to approve me so quickly but I really couldn't say with certainty.

lack of income to pay bills 80 years old

Apr 27, 2019

They'll likely settle for around half what you owe. Possibly less. Explain the situation and make an offer with payments.

Will score drop again after discharge?

Oct 19, 2019
Probably not
Helpful to 0 out of 1 people

I've read other reviews where people said it did go down. Mine went up a little because the balances on old debts were all wiped out. I guess it depends. For instance if it was mainly medical debt it might not increase.

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