Bankruptcy sinks your credit score, leaving you with limited options for new lines of credit. However, there are cards available to help you start rebuilding your credit. Building credit takes time. The easiest way to improve your score is by finding & disputing errors on your credit report. DIY credit repair is a hassle & it's easier w/help from a pro like Credit Glory.
Can you get a credit card after bankruptcy?
Bankruptcies do serious damage to your credit, & can drop it by as much as 200 points! This sinks your credit score, leaving you with limited options for new lines of credit. Fortunately, there are options available to help start building your credit.
What are the best credit cards after a bankruptcy?
Building your credit is essential for minimizing the impact of a bankruptcy, so what can you do? Luckily, there are credit cards available, even if you've filed for bankruptcy. If you're not sure where to start, check out:
1. Discover it Secured Card
The Discover it Secured Credit Card comes with a lot of rewards. Cardholders get 2% cashback on gas & restaurants, with 1% cashback on everything else. If you make timely payments and keep your balance low, you're eligible for an upgrade to an unsecured card after 8 months.
2. Capital One Secured Mastercard
The Capital One Secured Mastercard offers flexible terms, along with perks, like no annual fee. You're also eligible for a credit limit increase after 5 months of regular payments. However, you may not qualify if you have an unresolved bankruptcy.
3. Credit One Bank Platinum Visa
Unlike a secured card which requires a down payment, the Credit One Bank Platinum Visa is unsecured. Cardholders receive 1% cashback on purchases & automatic reviews for credit limit increases. However, while there is no money down, there is an annual fee.
While these cards can help you start building credit, if you want to improve your score it's important to start working on fixing it. So how do you do that?
What's the easiest way to build your credit after a bankruptcy?
While building your credit is essential after a bankruptcy, it's only part of the equation. Repairing your credit is just as important. The easiest way to improve your credit (& boost your score) is by identifying & disputing errors on your credit report.
DIY or professional credit repair: What's easier for you?
While you can check your credit, look for errors, and dispute them yourself, it takes time (& hard work). Looking for an easier alternative (that's less hassle)? Consider working with a credit repair expert — like Credit Glory. They do the work for you, so you don't have to.
Start rebuilding your credit after bankruptcy w/help from Credit Glory
Disputing negative items on your credit report is hard work! It takes a lot of time, effort, organization, and follow up. The good news? Our team of credit repair professionals is here to simplify everything! Let your dedicated credit repair expert relieve you of the stress, hassle, and time needed to fight your inaccuracies and boost your credit score (FAST!)
Credit Glory is a credit repair company that empowers consumers with the opportunity and knowledge to reach their financial dreams in 2021 and beyond.
Call us at (855) 938-3044 or set up a consultation to get started, today!
Get Your Bankruptcy Removed Professionally
In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It's so much less stress, hassle, and time to let professionals identify the reasons for your score drop.
If you're looking for a reputable company to increase your credit score, we recommend Credit Glory. Call them on (833) 766-4803 or setup a consultation with them. They also happen to have incredible customer service.
Credit Glory is a credit repair company that helps everyday Americans remove inaccurate, incomplete, unverifiable, unauthorized, or fraudulent negative items from their credit report. Their primary goal is empowering consumers with the opportunity and knowledge to reach their financial dreams in 2020 and beyond.