Can I get the Discover it Secured after bankrupcy? This question is about the Discover it® Secured Credit Card

Can I get the Discover it Secured after bankrupcy?

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This question is about the Discover it® Secured Credit Card

Robert W Polk, Community Moderator

@robert.polk • 12/04/19 This answer was first published on 08/18/17 and it was last updated on 12/04/19.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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There is no set timeframe that Discover publicly discloses. In order to determine whether you qualify for an account, Discover will review the information that you provide on the application and your credit report, and will not focus only on the bankruptcy. It is important to note that the Discover it® Secured Credit Card is meant for people looking to build or rebuild their credit, so the approval criteria will be more lenient.

Peter Fox, WalletHub Analyst

@PeterFox • 11/27/19 This answer was first published on 03/13/19 and it was last updated on 11/27/19.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Discover does not disclose how long after bankruptcy one can get approved for a Discover card. Discover will not approve you for a credit card if you have a pending bankruptcy case, as it states on its terms and conditions: "You represent that there are no current lawsuits or bankruptcy proceedings that might affect our interest in the Security Deposit Account or the Funds."

In general, the longer it’s been since your bankruptcy was discharged or dismissed, the better your chances of getting approved for any credit card will usually be.

Marcus Trillby, Member

@marcus_trillby • 12/04/19 This answer was first published on 03/06/18 and it was last updated on 12/04/19.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Nothing's for sure, but you should be able to get approved, yes.

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