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8 Best Credit Cards After Bankruptcy

Many filers keep their Bankruptcy status on the downlow, but there’s no need to be embarrassed about recovering from a Chapter 7 or Chapter 13 bankruptcy. In fact, having a discharged bankruptcy on your Credit report is more common than a lot of people realize.

One of the best strategies you can use is to leverage one of the Credit Cards after bankruptcy that will help you re-establish credit.

Over the last decade, as many as 1.5 million people filed bankruptcy each year. Bankruptcy gives you a fresh financial start, and some credit card companies love this.

Our advice is to start with one of these "credit card after brankruptcy" options, then work your way up to 0% APR cards and rewards cards tailored toward people with excellent credit.

The key is, Just pay your bill on time, and avoid maxing out your card and you should slowly see your FICO score increase if you use your cards responsibly and avoid racking up new collections or judgments.



This post first appeared on Faveable, please read the originial post: here

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8 Best Credit Cards After Bankruptcy

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