Credit Card Question & Answer

Advertising Disclosure is an independent, advertising-supported web site. 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. has not reviewed all available credit card offers in the marketplace.

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 by , at
Add to Favorites:

Tags: , , , ,

Leo Zhu

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!

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
No Annual Fee
For Bad Credit
Monthly reporting to the three major credit bureaus
For Fair/Bad Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit

Other Questions in
Limited/Bad/Fair Credit