I am trying to rebuild my credit.  I filed... - Limited/Bad/Fair Credit Questions

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » User Questions » Limited/Bad/Fair Credit » I am trying to rebuild my credit.  I filed bankruptcy in 2003. What is a good card...

I am trying to rebuild my credit.  I filed bankruptcy in 2003. What is a good card to rebuild my credit with? Thank you

Answered on
Add to Favorites:

Tags: , ,

The best card after bankruptcy is a secured credit card because if you apply for a general credit card, you will likely be denied. Prepaid cards are another option, but they do not report your credit performance to the credit bureaus. Secured credit cards involve putting up a security deposit which acts as collateral. The deposit is usually equal to the credit limit you will be given. When you are ready to close the account, you will get your deposit back.  You should look for a card without processing fees and with a low annual fee. The APRs are usually high, but some reasonable rates are available. Also, make sure the card is reporting to major credit bureaus.

All credit cards terms, fees and rates mentioned in this article/post are actual on the posting date. See the current products’ Terms & Conditions on the issuing banks' websites.
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
See if you Pre-Qualify without harming your credit score
For Poor Credit
No Annual Fee. See WebBank/Fingerhut Credit Account Terms.
For Bad Credit
No Annual Fee, cash back on every purchase, and helps you build your credit with responsible use.
For Please refer to issuer's website

Other Questions in
Limited/Bad/Fair Credit