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If I have fiiled bankruptcy in the past, can i still get a credit card? |
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Date:
May 14, 2007, 2:46 pm |
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If I have fiiled bankruptcy in the past, can i still get a credit card? |
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Answer:
Nowadays, credit is available to the recently bankrupt. Negative information, especially that of bankruptcy, may stay on your credit report for almost 10 years but that does not mean that you are not eligible for a credit card. It may be more expensive than before, and available with lower limits. A secured credit card is a good way to establish a history after bankruptcy and it is generally offered with lower rates than unsecured cards. Rebuilding creditworthiness depends on the usage of the card. If you use it carefully and pay off your bills on time, you'll benefit from cards for bad credit. Mind that before applying for the card, it's necessary to get your credit report first and correct any mistakes in case you find them. Then, you're welcome to compare the best bad credit cards or secured cards, presented at our website and apply for the one that suits you most. |
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