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.
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.