Barclays Rewards APR Reduction! Woohoo

Not a big deal to most, but I got my Barclays Rewards card APR reduced from an ugly 24.99% to 20.99%. Credit analyst advised that is the 'max' at one time they can reduce the APR, which is by 4%. I've had my card since March 2015, approved after recon for $1500 with a TU score of 613. I've ran through a few thousand through the card and carry an $800 balance (at the time of APR reduction). My score today when i called was @ 654 TU (up 41 points since approval). No new INQ in the last 3 months. 3 collections falling off 2/2016 (possibly September/October with an EE). Just thought I'd share my experience with everyone. They did advise a SP CLI was not an option at the time and to try back again in a few months.

turkey310 wrote:
ghgirll123 wrote:
Congrats! I spoke to an analyst yesterday and she indicated that they like to see PIF at least 4 or 5 times a year and good usage in order to get a CLI.Thank you! I usually PIF but had some unexpected expenses last few months and helping my mom out who isn't doing so well, I couldn't PIF as of the last few months. But I have been making $200-400 payments, nonetheless. Never the minimum...I will give it some more time, I bet by October after a few EE from my TU report, my chances will be a lot better since my scores will probably be another +20-30 ptsI make similar payments but going forward I have a revised plan that inlcudes spending less in order to make this a PIF card. I use this card the most because the rewards are good compared to my other cards that I have right now.

Similar Messages

APR reduction can be done

I have 17 major credit cards and I make a point of asking for APR reductions occasionally on some of them. So a few days ago I decided to simply do the circuit and ask them all. I got 7 permanent reductions and 4 temporary reductions. Amex - 2 cads reduced, now at 14.99 (Hilton Honors) and 16.99 (BCP)FNBO - reduced to 14.99Discover -reduced to 17.24Barclay Rewards - reduced to 17.24Sallie Mae - reduced to 16.99Citi Dividend - reduced to 20.99 Temporary reductionsAPRs not listed here on them3 Capital One CardsComerica/Elan also temporary One card already at the lowest APR offered for that account for over a year: Marathon Visa. No go's and will never lower it according to the CSRsPayPal Masters Extra MC @ 23.99 No go's and possibly only with a HPBofAPNCChase Didn't ask:Huntington Voice - New card The hardest of these to get lowered was the Barclay Rewards card which required me filing a case with them and getting a call back from an 'Account Manager' So it can be done and everyone really should do it. Even if you PIF each month, you never know what the future might hold. Most of the reductions were 3-4 points.

TiggerDat wrote:
I have 17 major credit cards and I make a point of asking for APR reductions occasionally on some of them. So a few days ago I decided to simply do the circuit and ask them all. I got 7 permanent reductions and 4 temporary reductions. Amex - 2 cads reduced, now at 14.99 (Hilton Honors) and 16.99 (BCP)FNBO - reduced to 14.99Discover -reduced to 17.24Barclay Rewards - reduced to 17.24Sallie Mae - reduced to 16.99Citi Dividend - reduced to 20.99 Temporary reductionsAPRs not listed here on them3 Capital One CardsComerica/Elan also temporary One card already at the lowest APR offered for that account for over a year: Marathon Visa. No go's and will never lower it according to the CSRsPayPal Masters Extra MC @ 23.99 - Correct, unless you were part of a review of select cardholders who received automatic APR reductions during 2014. You may likely see a unicorn before this APR gets lowered. Synchrony's APRs are pretty much static unless you qualify for Tier 1 on some of their co-branded cards on a first try.
No go's and possibly only with a HPBofA - This one you can still try in another 6 months (all based on elegibility criteria).
PNCChase - won't happen unless they automatically reduce it on their own during staggered/periodic account reviews. Another unicorn sighting possible here.
Didn't ask:Huntington Voice - New card - APR is pretty much what it is when you were approved (*insert* creditworthiness here) and will not go lower. The hardest of these to get lowered was the Barclay Rewards card which required me filing a case with them and getting a call back from an 'Account Manager' So it can be done and everyone really should do it. Even if you PIF each month, you never know what the future might hold. Most of the reductions were 3-4 points.Overall a good outcome OP - nicely done!

US Bank Cash+ APR reduction

Just approved today for the Kroger 123 card @ $1,500. Asked for reconsideration to $5,000 and will find out Friday or Saturday on that. Decided to call to see if they could lower my APR on the Cash+. CSR said I had an offer to lower APR from 15.9 to 13.9 for six months. I took the offer since I have a $2,000 balance on the Cash+.

12njoy wrote:
Just approved today for the Kroger 123 card @ $1,500. Asked for reconsideration to $5,000 and will find out Friday or Saturday on that. Decided to call to see if they could lower my APR on the Cash+. CSR said I had an offer to lower APR from 15.9 to 13.9 for six months. I took the offer since I have a $2,000 balance on the Cash+.Congratulations on the Kroger card. I got the Fred Meyer card, although I'm not using it much because this one is really just a 1% card routed to my Fred Meyer Rewards account. The other 1% for shopping at FM, I get anyway, regardless of card. I think mine is a little different from the Kroger card because with the Kroger card you have to buy Kroger branded goods to get the better points return. I also got a temporary APR reduction on my first Cash+ a few months ago, from 18.99% to 16.99% to September 1. Not much of a benefit, but it's free to do so I figured why not. I tried the on-line $1,500 CLI request on this first Cash+ a few weeks ago. Seems to be a SP, but got the denial letter in the mail today, still "stuck" at $14,500. I did get a SP Auto CLI in July 2014, about 9 months after getting the card, from $8,500 to $14,500. oh woe is me

American Express APR Reduction

I just finished chatting with AMEX online, and I was pleasantly surprised that they lowered my APR on my BCP from 21.99% to 17.24%. My cash advance APR did not change however, from 25.24%. I've had the card for a year and five months. How often is AMEX usually willing to give an APR reduction? Are they willing to lower the APR on multiple cards at the same time? I have an ED 21.99% that is a year and two months old, and a Delta 19.24% that's a month old. I definitely don't want to spook them in any way by asking for multiple APR reductions or asking too frequently.

OP this is already being discussed here: http://ficoforums.myfico.com/t5/Credit-Cards/Amex-APR-reduced-UPDATE-lowered-more/td-p/4087206 Yes, you can request a reduction on multiple cards at the same time. I just did it earlier today.

Approved for a Barclays Rewards Card

Hi So i received a pre approval for the Barclays rewards card and surprised i was approved for 1500.00 is there anything i should know about Barclay's? I heard once youre in good you are in a good position. They offer the apple barclays visa card which i love Apple. is that a good sign that my rebuilding is improving because before they wouldnt give me the time of day.

sparklerd34 wrote:
Hi So i received a pre approval for the Barclays rewards card and surprised i was approved for 1500.00 is there anything i should know about Barclay's? I heard once youre in good you are in a good position. They offer the apple barclays visa card which i love Apple. is that a good sign that my rebuilding is improving because before they wouldnt give me the time of day.Congrats on the approval. If you take care of that card you'll be good with Barclays. I had to recon to get my first card with them, then 6 months later I was able to get a 2nd card with instant approval.

US Bank APR reduction?

Anyone had luck getting them to lower APR? I just noticed my Cash+ has a 22.99% rate (ouch). Never noticed before becuse I PIF every month with this card. But it would be nice to be able carry a small balance from time to time without getting slammed. Any suggestions? Would it be an SP?

Creditaddict wrote:
kdm31091 wrote:
Creditaddict wrote:
I was told you can check every 6 months for an APR reduction but it will be TEMP... They will NEVER lower the APR the account was opened with and if you think you qualify for better they said to reapply... I facebook messaged them and had a long conversation with a rep who in the end was paid to listen to me bitch because she couldn't do anything... I have been EXTREMELY disappointed with them in this respect.We have 22.99 on our Business Cash Card and 21.99 on our Cash+ card.I said how on one hand do you approve someone for $33k worth of credit but feel they don't qualify for better than your WORST RATE!?I was told it was based on overall credit... I told her she better think of something else to say or say she doesn't know because that just makes her look stupid.With all due respect, being rude and snarly to the CSR like that is not going to get you anywhere, either. I get that the policy is annoying, but some issuers don't really lower APRs by request (Chase for example). US Bank is one of them. It is what it is. There's no need to be nasty to reps about it though. It's not their fault.Like I said she was from the executive response unit but didn't have much power but to talk and I talked to her for over 30 minutes... the comment didn't come across nasty, more like "your job in executive response unit is being undervalued because you are not empowered to fix anything but just chat and see if you can resolve problems without actually changing anything! by the time I made the comment we were on a communication line that it wasn't an insult to her intelligence but the position she was in because of the bank" Did you have your coffee before you called them? Jeez!

American Express: APR Reduction Success

15 months @ 0% promo just ran out on my American Express Everyday card. Even though this card usually sits in the SD & I rarely carry a balance, I figured I'd reach out to see if there was an APR reduction offer. My card was sitting at 18.99% since the promo ended just 2 days ago. Below is my result. This was as painless a process as they come. I know AMEX catches its flack for some clueless CSR's, but they've been on a roll with me lately. They've been top notch over the last year. They also just manually applied my AFC on my PRG since it was over a month and no credit had posted. Kudos AMEX. To anyone out there with an APR over 12.99% give AMEX a chat, it's worth a shot. Have a great weekend everyone.

CreditCuriousity wrote:
Ugh forgot to do this on my Hhonors Account you motivated me to ask! only had account 35 days... Thank you OP .. Did this on my Delta about 3-4 months back.. Will do on ED as well when 0% apr is over We are changing your standard APR for Purchases from a rate of
Prime+15.99% , which is currently 19.24% to a rate of
Prime+12.99%, which is currently 16.24%.The rate will vary with the market based on the Prime rate as described in your Cardmember Agreement.This change will be effective beginning from the first day of your current billing period.Do I have your permission to make this change to your account?I've had my Hilton HHonors card for two payments in full, so I went on the PC chat.Sophie was helping me, going to check whether the card could get an APR reduction, and I got a blue screen of death.Rebooted. Ricky was helping me, going to check whether the card could get an APR reduction, and I got a blue screen of death.Proceeded to get 5 or 6 blue screens of death, just trying to get through basic functionality, not even able to figure out anything on line before BSOD.So I called AMEX on this old technology called an iPhone and got 19.24% --> 17.24%. Not the best, but a small win. This is being typed on my secondary PC, an old laptop (which is not in bad condition) while I work on figuring out why my main PC can't seem to keep breathing more than 5 minutes.

Profile for Barclays Rewards application

I am thinking of applying for Barclays rewards cc in the near future. Could anyone advise what profile is needed to get approved for this card? I have two credit lines (Discover iT & Cap 1 secured), 4 inquiries, AAOA 4 months, no Fico score yet. Any advice greatly appreciated.

Barclay Rewards was my first CC I got back in Jan 2014. Prior to that I only had student loans on my report. I was approved for $1500 after they called to ask for my past address. Four months later I got the Sallie Mae MasterCard at $4700. Obviously YMMV but giving Barclays a shot as a first CC is possible in my opinion, if you have student/auto loans on your credit report. Edit: I wanted to point out that it wouldn't be a good idea in OP's case, without having a FICO and with such new accounts, but that in general terms it is possible.

Closed my Barclay Rewards Card......

Vulcan1600 wrote:
Imperfectfuture wrote:
Vulcan1600 wrote:
baller4life wrote:
I did the same thing. It's all good. Were you the one who recommended to me the other day to consider doing what I finally did this afternoon? I know you like your SM a lot, so I hope it works out for me. The CL is going to be nice with it, considering when I got it on 7/2, the initial CL was $2,500 I think several of us did. . Good job.Imperfect - yes, I remember now lol...wait until you're 55 LOL, I am. 56 in October.

Irish80 wrote:
Vulcan1600 wrote:
Imperfectfuture wrote:
Vulcan1600 wrote:
Imperfectfuture wrote:
Vulcan1600 wrote:
Imperfectfuture wrote:
Vulcan1600 wrote:
baller4life wrote:
I did the same thing. It's all good. Were you the one who recommended to me the other day to consider doing what I finally did this afternoon? I know you like your SM a lot, so I hope it works out for me. The CL is going to be nice with it, considering when I got it on 7/2, the initial CL was $2,500 I think several of us did. . Good job.Imperfect - yes, I remember now lol...wait until you're 55 LOL, I am. 56 in October.I'll be 55 on 10/17!Day before.So you and my sister are the same day, but she was born in 58. Libra power You made the right decision but dang you two are old :-)Hardly, just kids. I turned 56 last birthday (and in fact I just had to check my age from my DOB!) But to be OT (you know old minds wander), the Rewards isn't really subsumed by SM, more things like the DC or Fid Amex. It is a 2% somewhere card, and thus much less useful than a 2% anywhere. So while I agree the SM is likely more useful, it isn't better everywhere, such as utilities.

Question on combining Barclays rewards..can you?

Callandra wrote:
I'm pretty sure you cannot; I just used all my Rewards points, paid off the Rewards card and then combined the limit to Sallie. I'd say cash out first just to be safe! will do Callandra! Thank you!

I havent seen too much info on this doing research, but does anyone know if you can combine points amongst the cards? I have the Rewards MC, and Sallie Mae. I want to eventually close the rewards card and combine my limits to the SM. Will my points on the Rewards MC transfer over to SM, or will I need to cash them in somehow before trying to combine the limits? Thanks......

Barclay APR - more info about SP cli?

Called in to Barclay today and inquired about APR reduction. They transferred me to specialist who took me from 24.99 to 20.99. (score 605 when approved, 700 now.) I asked about a SP CLI and she said I did not have an offer (only had the card for 4 months) but to call back. Every other time I have asked about the mythical SP CLI, I have been adamently informed that IT DOES NOT EXIST. I wanted to ask for her direct number! She said to call back next month. So my question is, how long did you have the card before receiving a SP CLI? I am hoping I get some auto luv @ 6 or 7 months but I think my profile supports a hefty increase from the measly $250 I was granted w/ 4 months history and only one other card. ($200 secured Discover IT) I would just rather not waste a HP getting there, especially with my Venture on its way. Thanks yall!

Approved 04/30 with an initial line of $1000, recon'd immediately and got bumped to $2500. July 7th called in to request APR reduction, not an option however a SP CLI was available. Took it and got an additional $1k bump. Also APR on my Arrival card got dropped from 14.99% to 13.99% but no change to Sallie Mae. Not a lot but I did gladly accept the luv from them.

Got both Barclays and Cap1 SP increases today! (long)

Well today was a good day so far, I woke up and within ten minutes of waking up got a wild hair and hit the Luv button on the Cap1 site. They give me a 1k increase, taking me to $4750 on my Quicksilver One card. not a bad start to the day! I later decided I was going to give the Barclays SP trick a try after I've been reading on here about it. I called them up and the rep shut me down right off the bat, I tried the lower APR request and she said there was none, and the only pull they could do was a hard pull. I declined and hung up. She was polite and nice, but no budging in the slightest. I have a 1k limit on a card that is 7 months old and they have not increased me at all so far, hence my desire to try. I stewed about this for 10-15 minutes and then decided to call back, this time I asked right off the bat for the retentions department, they asked why and I said it was about APR reduction and I needed to talk with that department. 90 seconds later I was talking to a nice lady, I told her I was calling abuot an APR reduction or other promo and to see if she could do a SP credit increase. She said "give me one second, ok I can offer you a 4% APR reduction forever, and 0% promo from now til March 1st, and I do see a SP availaible on your account, does this sound ok?" Um, yes please! Got the 20.99 APR covered, and applied and then she was at the end of the 0% promo and before I could agree the call dropped, stupid cell phone!!! Then the trouble started, I called and called, 4 seperate times and no one could get me back to the retention department! Spent almost an hour trying! Gave up waited two hours and tried again, told them I wanted retention and was told that they had contact someone else first, I said whatever, and finally someone else came on the line and was very sorry about my problems, said she would connect me right away and she was sorry again for the issues getting back to the right department. 90 seconds later I was back in retention and talking to someone else, she saw my lower APR had already been applied, and read me the disclaimer for the 0% promo and I agreed. Then she did the SP no problem, got a $500 increase. I asked about why I'd not got my 6 month auto and she was not sure, but said to call back there and ask for a soft pull again every so often if they were not coming about every six months. I siad ok, all good. So Cap 1 gave me 1k, Barclays gave be -4% APR, 0% promo APR for for 8 months and an increase of $500 which was a 50% increase of my existing credit line. If my call had not dropped it would have been sure easy! Call and ask for retentions right off the bat I guess is the trick, then do not let the front line agent try to help, I just held my ground and said I would only talk to retentions and they said ok each time. Sorry for the long post, but it was interesting to me anyway around the Barclays mess lol.

Thanks, I really wanted a Visa Siggy too so this makes me very happy. Now I'm just getting cocky, applied for the IHG card from Chase, got a pending notification. Called backdoor number and was told I jet need to go to the verification department but they just closed ten minutes ago, so she gave me the direct number and said to call in the morning, so I will and we will see what's up there. My first Chase card so don't know what to expect there. I only had three cards before getting the Wyndham card a minute ago, Quicksilver One, Discover IT and Barclays Rewards card. Now Wyndham and hopefully IHG. Time to garden a bit as that is now three cards this year, only the QS is older than a year.

Instead of CLI lets talk about APR.

So I see a ton of info on here about CLIs and people sharing their luck with limits. I have learned a lot form those and have really improved my profile a ton in less than a year. Great info and has helped me a ton. What about APR reductions though? I literally have no idea if the process for reducing APR is easy, hard, not possible, or what between lenders. I was wondering if there was good info to know around this, I never carry a balance of any type and never plan to but if one day I had to I sure don't want to pay 24% or something. I personally got a 4% reduction of APR from Barclays not long ago just by asking the right department. Can I do this again? I don't know, can I try with other lenders? Just thought if there was some good info around this it might be nice to share what is possible with different lenders. I'd try to get them down just becasue, kinda like getting high CL that I'll never fully use! I'll start, I have only tried this one time with Barclays, called in and asked for the retentions department. Asked about an APR reduction once connected not expecting to get it and they lowered my APR from 24.99 to 20.99 forever. They also gave me 0% intrest for 9 months after that without me even asking. Lastly they gave me a CLI but this thread is not about that! I've never tried elsewhere.

SlowLane wrote:
So I see a ton of info on here about CLIs and people sharing their luck with limits. I have learned a lot form those and have really improved my profile a ton in less than a year. Great info and has helped me a ton. What about APR reductions though? I literally have no idea if the process for reducing APR is easy, hard, not possible, or what between lenders. I was wondering if there was good info to know around this, I never carry a balance of any type and never plan to but if one day I had to I sure don't want to pay 24% or something. I personally got a 4% reduction of APR from Barclays not long ago just by asking the right department. Can I do this again? I don't know, can I try with other lenders? Just thought if there was some good info around this it might be nice to share what is possible with different lenders. I'd try to get them down just becasue, kinda like getting high CL that I'll never fully use! I'll start, I have only tried this one time with Barclays, called in and asked for the retentions department. Asked about an APR reduction once connected not expecting to get it and they lowered my APR from 24.99 to 20.99 forever. They also gave me 0% intrest for 9 months after that without me even asking. Lastly they gave me a CLI but this thread is not about that! I've never tried elsewhere.Well, congratulations, and no offense, but 20.99% is still an awful interest rate. And yes, I know Barclays loves their high APRs - my Rewards MC has 22.9% APR but was still the card I used most the last couple months because I get 2% cashback rewards on gas, groceries & utilities, and I would never ever carry a balance on it, I PIF monthly. I don't care about APRs because should I need to carry a balance I have so many 0% APR options. I just got a Discover card in early July and it has 0% APR for the first year, but since it also has double cash back for the first year I'm only using it for 5% Discover Deals or 5% Home Improvement this quarter. I have a standing 1 year 0% offer on my Cap One Quicksilver, either BT or cashing one of the checks they send me. If I need to make a major purchase I'd use my Walmart or Lowe's store cards or my Best Buy MC for 0% deferred. With so many 0% options, why should I care what APR my CCs have? They'll never get it from me. EDIT: I didn't want this to come off as 'snobbish'. I'm most defintely not wealthy, I'm semi-retired, took early retirement Soc Sec at 62 while continuing to work for my local county part time. I'm just diligent at managing my personal finances. And I'm motivated montlhy when I get my savings account statement - when I'm getting 1/10th of 1% interest on my savings, the CC coompanies are most definately not getting 20+% interest from me, or not even Cap One, which at 12.9% APR is my lowest interest CC.

Should I close my 2 oldest CCs?

Here's my rebuild since my 1/31/2011 BK7 discharge: (Card/Date Opened/CLBest Buy Rewards MC 10/14/2011 2,000
Merrick Bank Visa 12/1/2011 3,100
Barclays Rewards MC 4/10/2012 3,000 (Was $5700 CL, moved $2700 to NFL)
Cap One Rewards Visa 10/1/2014 10,000
Barclays NFL 3/27/2015 7,700 (Just under 60% util w/0% BT)
BoA Secured 5/13/2015 300
Discover It 7/7/2015 4,000
subtotal 30100 Store Cards:Walmart/Synchrony 2/1/2013 5000
Lowes/synch 1/30/2015 5000 Total Available Credit: $40,100 Total Utilization: 15%, QS & Rewards MC report PIF monthly usage, NFL & Lowes report 0% APR balances, all others report $0 bal I'm probably going to close the 2 oldest CCs by the end of the year. The BB MC was opened with HSBC with a $59 annual fee, it posts in early Nov. I earn more than that in Reward Zone certificates, but now that I have better reward cards why have most of the rewards I earn on that card offset an AF? I plan to call them in Oct and tell them I'm no longer willing to pay any AF. Being Citi I expect them to refuse to waive the AF and if they do I'll tell them "Then close the account immediately". Merrick Bank was an great rebuild card but I've outgrown it with reward cards w/much better CLs. I haven't used it since I got Cap1 QS Oct, but I've been keeping it active by letting 2 small monthly bills totaling less than $20 charge to it. I don't expect Merrick to be happy with that for much longer and will take AA by lowering the CL, which would prompt me to close it - that's what happened to my Target Redcard. That Bank of America secured card that looks so out of place opened just this last May? I had 1 CC from them included in my BK7 and want to eventually get a Fidelity Amex, so I wanted to get back in with them. Plan to app to convert to unsecured early next year, and then app for Fidelity Amex in 2017 when all 9 derogatory IIB accounts fall off CR. I've budgeted an agressive payment schedule on the NFL card to get the balance down below 30% util by Dec. even though the 0% BT (used to payoff a Prosper loan) doesn't expire untill Fall 2016, that high.util dings my CS. At that point I'll app for Sallie Mae and think the SL will offset the loss of $5100 in CLs from closing BB MC & Merrick. I'm not worried about the hit to my AAoA, the advice here is that closing cards does not affect your AAoA, and AAoA only has medium impact anyway. Thoughts?

NRB525 wrote:
AAoA, likely is not affected too much by closing the accounts, however...You have some balances still, so if the Merrick doesn't have an AF, there's no reason to close that. You've got a basic charge flow going through there. They might close or CLD it, but why speed up the uncertainty? Let it ride. It may take them 3 years to get around to doing anything. Or never. Thanks for the advice. No, I won't take any action on Merrick, only react if they do a CLD or close. Yeah, I learned the hard way with Target Redcard dont' sockdrawer, I didn't use if for almost a year and they lowered the CL from $1k to $200 and I never could get them to raise it back even with small monthly usage. So as long as Merrick is happy with $20/mo usage I'm good with that. My Merrick card never had any fees while many of the newly issued cards have an AF, so I just suspect they're not going to be happy with no fees and no 25+% APR balances from me for very long._____________________________________________________________________________Good luck with the Best Buy change, to no AF. I don't have any experience with that, but it's something you might want to start the conversation earlier, try to PC to no AF. Keeping that account open, if you are earning rewards, keeps that oldest card active and earning. Worth the effort, if you ask me. Well, there is no 'PC', other MyFico members tell me they didn't even know an AF BB card existed. I actually did call last Oct and asked to have the AF waived The rep outright lied to me, telling me "Oh, the Mastercard always has an annual fee". I think that since HSBC issued it with an AF Citi just wants to hang on to it. It does give me 2% rewards for groceries, but the rewards can only be used as certificates to lower the price of a Best Buy purchase, and I just don't shop BB as much as I used to, I'd rather get 2% cashback rewards with Barclays Rewards MC. With no AF I'd keep it, but it's no longer worth $59/yr in fees to me to have it. _______________________________________________________________________________The 0% APR may be "hurting your score" but you are saving money. If it is in your cash flow to get it paid down, fine, but with several new accounts it is unlikely you should be looking at new cards, thus scores not matter. You do want to pay it off prior to the 0% expiration however Well, it is an agessive payment schedule to pay NFL down to 30% util by the end of the year, but then I plan to "coast" with slightly more than the min payment until the 0% nears expiration and budget to PIF before expiration. The first part of the year I'm always scrimping to sock away as much as I can into my IRA as prior year contributions by April 15.

One year down!

Technically my 1st year of filing was in April, but today marks the 1 year since discharge. I am amazed that I made it as far as I have. I am not going to say my journey has been flawless, as I totally deviated from the 2 years to 700 thread. Below I hope to give you an idea of the last year and hopefully it can be found useful to those of you who are considering filing for bankruptcy, just filed for bankruptcy, or even as a critique for those that have been through this and have suggestions for me for the coming years. First, I'll start with MyFICO charts of my score progress for the past year. Equifax Transunion Experian Credit Report Card Credit Account since Bankruptcy Discharge July 2014 - Credit One - Approved for $300 unsecured. Auto CLI to $500 one month later. August 2014 - BCU Secured Card - Opened account with $150 secured deposit. February 2015 - Barclaycard Rewards, Approved for $1300 Unsecured- BCU Secured Card - Increased to $400 March 2015 - Opened Paypal Credit Account $1000- Opened Newegg Credit Account $2000- Opened Amazon Credit Account $900 April 2015 - Approved for Discover It Chrome Student card $500 May 2015 - Approved for Capital One Venture Signature card $10,000- Approved for Capital One Quicksilver Platinum card $3000- Approved for Barclaycard Apple Rewards card $2000- Approved for BCU Cash Rewards card $1000 July 2015 - Closed Credit One card, declined all counter offers they threw at me to stay. (6mn APR reduction and reduced AF @ $24/6 mn)- Preapproved for BCU Auto Loan, $14.3k with 3% APR for a 2014/2015 new car purchased through their program. Otherwise, 3.75% APR.- Approved for second Capital One Venture Signature card $10,000 Credit Utilization

"I was reviewing your information and you truly seem to have a handle on this... I am writing because I want to know how it is that you got so much unsecured credit so fast? I am 1yr past filing this July 2015 but my discharge was in Nov.2014 so I still have a few months to go for that. Still, with secured cards on my report I can't seem to get an unsecured credit and I'm not sure why.. I've had an auto loan that so far I've paid since last August and which I just refinanced from a 19% apr to a 5% but other than that I haven't had any luck with unsecured credit cards.. not even with CapOne..." I started with two cards. My first one was Credit One and then I got a secured card as well. Due to processing times, I actually got the Secured card at the beginning of August of last year, but they were both about the same age. I used them and paid them off right away, and let one report $3 or so each month. But the point was I PIF before it reported down to $3 on one card. The others always report $0. BCU has thrown me off a little bit, they have a due date of the 1st but don't generate a statement until the 6th or so. I had me card paid off by the 1st but had paid a few bills between the 1st - 6th so it reported a balance on my credit report. (Not a large one, but enough to be about 9% util.) I wasn't able to get Capital One at all until May, because I was on their internal no-go list for a year. The first card I got back after BK was a Venture card!!! I believe a plus on my side is that I have no debt, other than $100 reporting out of the $19k or so reported in tradelines. I have also choosen not to go into debt. I was curious about an auto loan and asked my CU what I'd qualify for. But I don't think I want to go into debt right now. I can manage what I have right now and am comfortable. Adding an auto loan isn't necessary and I feel that going into debt unnecessarily won't be of benefit to me.

Barclays Rewards APR Reduction! Woohoo

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