Credit Cards After Bankruptcy
Is it possible to get credit cards after bankruptcy?
Of course! There is not bankruptcy laws on getting credit cards after bankruptcy. You do not
have to wait for a certain period of time to apply for and obtain credit cards after bankruptcy. Your biggest
challenge in getting credit cards after bankruptcy is finding the creditors who want to lend to you after filing
Filing bankruptcy does not mean that you can no longer obtain credit or credit cards. Some
credit counseling agencies claim that it takes ten years to get credit cards after filing bankruptcy. However, many
people have managed to obtain credit cards after filing bankruptcy much sooner.
A few years is usually enough to satisfy credit cards companies or mortgage companies and you
can get credit cards after bankruptcy or a mortgage after bankruptcy to buy a new home. There are always new credit
card companies out there willing to offer credit line or credit cards after bankruptcy but with extremely high
The charges on credit card bills that can cause problems that can lead to a bankruptcy are:
over limit charges
hiked up interest rates
Can I get a car loans after bankruptcy?
Most car dealerships often give out car loans easier than credit card companies after
bankruptcy. But if you are thinking of buying a car, it is best to shop for financing and car loans before you go
to a car dealership.