How long should you wait after bankruptcy is discharged?
2007-12-27 09:37:59 · 8 answers · asked by C J S 2 in Business & Finance ➔ Credit
I went through this my self several years ago, try H.S.B.C., First Premier and Orchard Bank.
They are all good for re-establishing credit and do it as soon as your BK discharges.
2007-12-27 09:59:32 · answer #1 · answered by ? 7 · 0⤊ 1⤋
You are going to need a secure credit card. This means you give a company $500 to hold on to and that is your limit. Keep the credit card balance under $250 and your score will recover quickly. At some point you can get the$500 back and get a regular card.
Brad Jermeland
2007-12-27 09:47:35 · answer #2 · answered by Anonymous · 0⤊ 1⤋
I'd start with your bank. Tell them that you just had a BK and your trying to re-build your credit.
I't will have a small limit on it, but that's a start.
Keep the balance on the card around 60% of the line amount, but do not go over 80%.
Make sure you use it. Charge something on it, then pay on it.
2007-12-27 09:52:25 · answer #3 · answered by sly2bfox 1 · 0⤊ 0⤋
it usually takes eight years for bankruptcy to clear, try applying for a credit card for people with poor or no credit. check out www.fastcreditcardapprovals.com they have all major credit cards.
2007-12-27 13:08:13 · answer #4 · answered by Anonymous · 0⤊ 0⤋
none, pay cash and use a debit card and keep your butt
out of trouble so you don't repeat the same mistakes.
Bad Credit cards charge outrageous interest rates 25%
and higher.
Been debt free for five years
2007-12-27 10:42:53 · answer #5 · answered by Anonymous · 1⤊ 0⤋
gas station card with a $100 limit
2007-12-27 09:46:12 · answer #6 · answered by 27ysq 4 · 0⤊ 0⤋
Try Target. Wait about a year.
2007-12-27 09:42:28 · answer #7 · answered by colder_in_minnesota 6 · 0⤊ 1⤋
orchard bank approved me when no other bank would.
orchardbank.com
They approve 99% and instant 300 dollar limit
2007-12-27 10:00:07 · answer #8 · answered by Anonymous · 0⤊ 1⤋