Is it legal for a bank to deny me a credit card because of past bankruptcy if I have good credit now? 11 Answers as of July 04, 2013

In 1994/95 I filed for bankruptcy. Today I have an excellent FICA rating! Recently I applied for a credit card with CitiBank and was denied because they were part of that action. My present mortgage is also with CitiGroup and payment is current/never late. Is this legal?

Ask a Local Attorney. 100% Anonymous. Free Answers.

Free Case Evaluation by a Local Lawyer: Click here
Mercado & Hartung, PLLC
Mercado & Hartung, PLLC | Christopher J. Mercado
BK's are reported for 7-10yrs. You should have waited until it was no longer on your credit bureau report.
Answer Applies to: Washington
Replied: 7/12/2011
Janet A. Lawson Bankruptcy Attorney
Janet A. Lawson Bankruptcy Attorney | Janet Lawson
Seems to me there is something else going on. That bankruptcy would not even show up on a current credit report. You can ask the bank why you were denied. That is the place to start.
Answer Applies to: California
Replied: 7/5/2011
Bankruptcy Law office of Bill Rubendall
Bankruptcy Law office of Bill Rubendall | William M. Rubendall
It is legal to be turned down for credit on the basis of a past bankruptcy.
Answer Applies to: California
Replied: 7/5/2011
Ferguson & Ferguson
Ferguson & Ferguson | Randy W. Ferguson
They can deny anyone credit if they feel they are a risk.
Answer Applies to: Alabama
Replied: 7/5/2011
Law Office of J. Thomas Black, P.C.
Law Office of J. Thomas Black, P.C. | J. Thomas Black
Yes, just like you can refuse to do business with the bank, the bank can refuse to do business with you, for whatever reason, including filing bankruptcy, so long as they are not violating the Equal Credit Opportunity Act (ECOA), and discriminating against you based on a prohibited reason, such as race, color, religion, national origin, sex, martial status, age, or because you receive public assistance.
Answer Applies to: Texas
Replied: 7/5/2011
    Diefer Law Group, P.C.
    Diefer Law Group, P.C. | Abel Fernandez
    A credit card company has the right to chose who I will give credit to.
    Answer Applies to: California
    Replied: 7/4/2013
    Law Offices of Joseph A. Mannis
    Law Offices of Joseph A. Mannis | Todd Mannis
    They're a private company that can choose its customers at will. And, in this economy, getting a credit card is difficult anyway, regardless of the bankruptcy.
    Answer Applies to: California
    Replied: 7/5/2011
    Ashman Law Office
    Ashman Law Office | Glen Edward Ashman
    You have no RIGHT to get credit from anyone. Many creditors have a policy (and it makes excellent sense) not to loan money to people that have caused them a loss in the past. Bear in mind big banks mortgage "divisions" are separate corporations and may not have the same rules as credit card companies. Be thankful Citibank turned you down. There are far better credit card companies out there with better deals. No, they didn't break the law, but by turning towards better banks they did you a great favor.
    Answer Applies to: Georgia
    Replied: 7/5/2011
    Colorado Legal Solutions
    Colorado Legal Solutions | Stephen Harkess
    A bank can refuse to lend you money for any reason. Fortunately, there are many other places that will lend you money and charge you interest. If you want to get back into debt you just need to contact a different bank.
    Answer Applies to: Colorado
    Replied: 7/5/2011
    Law Office of Eric Ridley
    Law Office of Eric Ridley | Eric Ridley
    Yes, a credit card company can deny you credit for any reason they see fit. You might want to get a secured card first, and keep the payments current on that for a while.
    Answer Applies to: California
    Replied: 7/5/2011
Click to View More Answers: