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When you are someone who has been through the pitfalls that can happen when a credit card deal goes wrong, you know without a doubt that it should be handled with care. The financial decisions you make should be done with a lot of thought. When there has been an identity theft, things can get real bad. However there are many credit cards in the market wherein you just have to pay $50 if it is a case of identity theft. If you filed a bankruptcy two years ago, then your aim should be to first work on having a decent credit score. The bankruptcy will remain on your credit report for a period of ten years and so you need to play our cards right now.

When you have filed a bankruptcy, you would have lost out on your credit scores substantially. That means you have dropped to a pretty low level. The important thing to do now is to see what options you have to improve this score. This is not a time for risks or quick decisions that may prove damaging. If you get a credit card with a co-signer, you can both end up losing money and also having a bad credit score tacked up on both your reports if any mistakes are made. It is important to consider all the ramifications of getting a joint credit card before you sign up for one.

If you filed for bankruptcy, then you have to start with a secured credit card at first. It is the best option in the market for people who are trying to build up from the poor or bad scores that they have. If the score is not good, then eventually by using a secure credit card and making your payments on time, you can work your way up to get a good unsecured card for you in no time. Applying for a card with a co-signer can also have a positive impact if that person has had excellent scores and ratings all this while. It will mean that the score they have will give yours a boost. With persistence and careful planning you can have things moving in the right direction and you will not have to worry about debts anymore.