Unsecured Credit Cards After Bankruptcy [mortgageprotectiontips.blogspot.com]
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Unsecured credit cards after bankruptcy are often very difficult to get. This is because bankruptcy leaves a big stain on one's credit rating. Card companies are not willing to trust people who have declared bankruptcy. But, that certainly means you can't get one.
The best way to get an unsecured credit card after bankruptcy is to look for credit card lenders that specialize in giving out cards for people with poor credit. Some of the major card companies do have these types of cards and there are a lot of smaller companies found online that will offer cards to people with bad credit if you apply online from their websites.
You have to understand one thing though if you have declared bankruptcy. You will never get the best deals from card companies until your credit is fixed up again. Any sort of card you come with high interest rates and additional fees or restrictions.
But, restrictions or not, it's still necessary for you to get a credit card after bankruptcy, because using one can be one of the best ways to repair your credit history fast.
Now, if you cannot qualify for one of these poor credit credit cards, than you can always go to your bank and give a deposit for a secured credit card.
The deposit you give will be the "limit" of the card. These cards are very useful because you can use it like a normal card and rebuild your credit with them. It's better to get an unsecured credit card after bankruptcy than a secured one, but if you have no choice than you need to take what you can get. Suggest Unsecured Credit Cards After Bankruptcy Topics
