Hey lost, I had a similar situation and from what I was told, as long as the balance is paid in full, there is no "automatic rejection". I'm also currently filling out a disclosure for credit reports so be assured, anything on your credit record WILL be discovered and you will most likely have to answer for it. I had a default on my student loans due to my own ignorance about my loans, and I am hoping that it won't DQ me either (they are paid in full now)
