Monday, December 12, 2011

What is the best credit card to rebuild credit after bankruptcy?

It's been a year since I filed for bankruptcy and I need to start rebuilding my credit. What is the best credit card for this that doesn't have outrageous processing fees, APR, etc.?|||I used Capital One, H.S.B.C., Orchard Bank and First Premier after my BK back in 2001.





As far as fee's and interest rates go there is no option for people that have filed bankruptcy. It's the price you pay to rebuild your credit.





What you can do is simply use the cards for everyday things that you would normally pay cash for and pay them off in full before the due date. This will avoid any interest charges.|||the websites below all offer cards for people with bad credit or no credit there worth a try|||Go with a secured credit card. Pay 1000 dollars to start it and it should give you a 1000 dollar credit limit and no annual fee. After the year is over you can get the money back.





Another good way is to buy a car that makes you pay 0% interest for at least 7 months. Make sure that you can pay it back. Anything under 7 months won't help your credit score.

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