Add Captcha
Enter the text shown above:
Added June 23, 2010 from: Beverly Blair Harzog
Rate now
Average Rating
Answered By Beverly Blair Harzog:
  The options will depend upon the specific circumstances of your bankruptcy and other credit history, but in general, there are two ways to get a credit card. You can go with a secured card where you place a deposit in a savings account and that amount becomes your credit line. Another option is to choose a credit card that's marketed to those with bad or limited credit. But these cards come with high interest rates and other fees.

Of the two choices, you're better off using a secured card. The last thing you need while rebuilding your credit is to pay off debt at a high interest rate. But it is essential that you choose a secured card that reports to the credit bureaus. Otherwise, your timely payments will not go towards rebuilding your credit.

This question is about:  Best Credit Card Offers | Build / Rebuild Credit
0 Responses to "What is the best credit card for rebuilding credit after a bankruptcy?"

No Comments

Leave a Comment
Related Questions:
Most Recent Questions:
Most Popular Questions:
Related Articles:
How to find the best Cash Back credit card?
Top articles from Beverly Blair Harzog