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if i filed for bankruptcy in the 4 years how does affect my credit card application |
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Date:
October 2, 2007, 2:14 pm |
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if i filed for bankruptcy in the 4 years how does affect my credit card application |
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Answer:
As a matter of fact negative information, especially that of bankruptcy, may stay on your credit report for almost 10 years. Still 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 credit worthiness 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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