I’m having trouble finding a credit card (Bad... - Limited/Bad/Fair Credit Questions

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Credit Card Applications » Questions » User Questions » Limited/Bad/Fair Credit » I’m having trouble finding a credit card (Bad Credit, Declared Bankrupt).

I’m having trouble finding a credit card (Bad Credit, Declared Bankrupt).

Answered on

I see that you filed a bankruptcy once and have bad credit. That means you will need to apply for a secured credit card. You will be asked to deposit a minimum of $200 and as much as $5,000, depending on the issuer. You will then be able to make purchases up to the amount you have on deposit or possibly more. You also may qualify for an unsecured credit card, however if you have bad credit you may only qualify for ones with high interest rates and fees. A secured credit card is your best option. These cards are for those who want to improve their credit history. When choosing a secured credit card, pay close attention to fees and rates. And once you receive the card, remember to make your minimum payment each month to rebuild your credit.

Good luck!

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