Who Can Get Bankruptcy Credit Cards?
As the name implies Bankruptcy Credit Cards are for people who have recently filed bankruptcy. Lenders will offer these cards to people who have filed bankruptcy because they have no other outstanding debt. These lenders assume that once you are free from other debts you can afford to pay a credit card payment. In addition, most people who file bankruptcy will work very hard to rebuild their credit. You may have to wait a year or more before you can get approved but a bankruptcy credit card can help you put your credit file back in a more positive light.
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