I need a relaible card with a high limit, low annual fee, and low APR but that is unsecured? I filed bankruptcy a year ago and want to work on getting my credit score up???
2006-12-27 00:30:42 · 13 answers · asked by ladyluckinor 2 in Business & Finance ➔ Credit
WOW! You don't want much do ya!, We all have problems in life, lots of us, financial problems. If you have problems now and years past, the last thing I'd recommend is credit cards. Learn to live off cash and become a wiser money manager over the next 3-5 years, it has more benefits than credit. There are a few however that will help you but they come at a not so low apr or annual charges. Also, The up front charge on your new card will go on that card to leave you with little credit for spending. Now, if you do good with your on-time payments, pay extra every month and stay away from the maximum credit line for a year, you may find a more attractive card company in a year or so. But, don't go getting several of these cards thinking more credit, more credit because that equals more debt. I found that First National Credit Card /Legacy Visa was pretty fair for someone in your situation. For more info. Call 18888839824, their customer service line and try to get past the touch tone system to get a human. I think ya just hit 0 for operator.
2006-12-27 01:02:44 · answer #1 · answered by bman 3 · 0⤊ 2⤋
One year out of bankruptcy there is no way you will qualify for a high limit, low annual fee, low APR card. It takes years to recover from bankruptcy and to rebuild credit. There are companies who specialize in credit cards for people who have bankruptcy on their records, but you will pay a high interest rate and will most likely be required to put money in first and with good reason. Since I work in credit at a bank, I see this all too often. You will be rebuilding that credit for many, many years - even after the 7 years it takes to get it off your report. That's why filing bankruptcy isn't a quick fix, it's a last-ditch option. To get your credit back up will take due diligence on your part and a lot of time. Best of luck to you.
2007-01-01 06:40:42 · answer #2 · answered by ginabgood1 5 · 0⤊ 1⤋
For Credit and finance solutions I always recommend this website where you can find all the solutions. http://creditandfinancesol.info/index.html?src=eukshQI62
RE :What is a good unsecured credit card to get after you file bankruptcy?
I need a relaible card with a high limit, low annual fee, and low APR but that is unsecured? I filed bankruptcy a year ago and want to work on getting my credit score up???
Follow 11 answers
2016-11-14 20:56:42 · answer #3 · answered by ? 6 · 0⤊ 0⤋
You won't be able to get a high limit card a year out of BK. Companies are going to want to see if you can manage your credit before they go out on a limb and give you a high credit limit. You might want to try a secured credit card first, then work your way up. Maybe after 2 years or so you can apply for a real cc. Just be sure your credit score is in the 650 or better range. You can check your FICO score at myfico.com. DO NOT apply without knowing your credit score or you will just be wasting your time!
2006-12-27 00:38:57 · answer #4 · answered by Kevin K 3 · 0⤊ 2⤋
First National Cc Legacy Visa
2016-11-08 01:47:28 · answer #5 · answered by ? 4 · 0⤊ 0⤋
I wouldn't get any credit card if I was you. It's nothing but trouble. It's too tempting when the credit card offers start rolling in and then you may wind up in financial trouble again.
2006-12-27 00:33:21 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Capital One or Orchard Bank (HSBC), your interest rate will probably not be lower than 18% fixed, most companies will give you a variable rate with higher interest. As far as the credit limit, it will probably be at the most $1000.
2006-12-29 05:06:45 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Capital One Visa is the best card for people with bad credit.
2006-12-27 00:32:51 · answer #8 · answered by Anonymous · 0⤊ 1⤋
nicely i imagine the superb element you want to do is sit down round waiting to make certain. Your difficulty sounds severe so that you want to take some action. the answer for your question is definite, they could sue you. yet there are quite some variables in touch there which includes the dimensions of the debt, the age of the debt, your income, and their expectaion of recuperating the debt. yet another answerer right here reported some thing functional, all of them favor to artwork with you, no one needs litigation. Teh superb thanks to attend to that is to maintain the amenities of a credit counselor. those amenities are frequently loose and they're going to negotiate the debt down and take care of the funds. see you later as you coach an excellent faith attempt to pay off they're going to decrease backtrack. in case you do not some thing I assure you it received't basically bypass away.
2016-12-01 05:29:12 · answer #9 · answered by ? 3 · 0⤊ 0⤋
NONE.!!!!!!!!!!!!!!!!!!!!!!!!!!!
You have a problem with finances, so you do not need to get in trouble again by running up another card.
Write up a monthly budget and SAVE for your purchases.
Sign up for Financial Peace University at www.daveramsey.com/ Take this great 13 week class at your local church. It wil change your financial life.
2006-12-27 01:03:40 · answer #10 · answered by iraqiwildman 2 · 0⤊ 0⤋