Obtaining A Credit Card After Bankruptcy
Even after you file for bankruptcy, credit card companies will still be after you. The type of offers that you get, however, will be vastly different from those that you had before the bankruptcy. If the look at the the fine print, however, they will discover that the interest rates being offered them are much higher than normal. In addition, they may have to pay annual fees on the card, and they have to deposit a certain amount of money with the company.
On the flip side, however, realizing that you can’t re-file bankruptcy for a certain number of years, some credit card companies will take the chance on giving you a credit card after bankruptcy – although, with greater strings attached and with greater penalties.
