Secured Credit Cards

If your credit’s taken a hit because of bankruptcy or a financial hardship, or you’re trying to establish credit for the first time, you may only be eligible for a secured credit card. These types of cards are a good first step in rebuilding bad credit, but they tend to be more expensive than unsecured cards.

If you find yourself with a lot of credit card debt and cannot get back on your feet, a debt settlement may be a good option to consider.

In some cases, filing bankruptcy may be the only way to get rid of debt so you can have a fresh financial start. When it comes time to apply for a credit card after bankruptcy, knowing what lenders are looking for and which cards to choose can help you to maximize your chances of getting approved.