Asked 1/22/2011
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Can i get a credit card after filing bankruptcy? |
Answer 1/2 - Submitted 1/22/2011
You can probably apply for a secured credit card through your bank. You would put for example $500 towards a credit card bank account, and you can use this card up the $500 and the bank sends you a monthly bill just like a regular credit card. This also helps in re-establishing your credit.
Answer 2/2 - Submitted 1/22/2011
There are cards that are marketed toward people who are trying to reestablis credit after filing bankruptcy. One such card that I know of is Orchard Bank. They charge a fee when you get the card. I believe that it is an annual fee. The interest rate will be a bit high, but if you are careful with it then you can use it to raise your credit score.
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