Thursday, August 03, 2006

Best Credit Card After Bankruptcy

Best credit card after bankruptcy.
It is easy to find out.I am not affiliate to any card issuer.So i wont distinguish any card as the best.But i can point out some criterias to find out the best credit card after bankruptcy.

First thing is low application fee and zero or low processing fee.
I found some secured credit cards that have no application fees and one that had a-- are you ready for this?.....90$- $120 application fee! Sadly, many people have paid it!

I alaways advice to go for a secured credit card for the people with bankruptcy.

The second thing is low interest rate.

If you are in bankruptcy then you are a high risk customer.Some banks or lending companies will give you credit or credit card but at an increased rate.
I ran across one with an interest rate of 23.99% and another with an interest rate of only 9.25%.
So find out one with the lowest rate.

By satyajit das--Blogger of this blog--B.Tech in computer Sc. and MBA (Finance).I am a freelauncher credit consultant dealing with some credit lending companies.

I think now you can find out the
best credit card after bankruptcy yourself.


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