The first thing you need to do after you file bankruptcy is re-establish your credit. You will find that most credit card companies will not extend credit to you that is not secured. So the first step is to get a secured credit card. Secured credit cards are the quickest way to re-establish credit after a bankruptcy. This type of credit card allows you to re-establish credit quickly. There are a couple of credit cards that I would recommend. The first credit card is applied bank. The second credit card is Orchard bank. These are two good secured credit card companies that will get you in the right direction. I recommend getting one of each to help you re-establish.
Typically after 12 months of good payment history on secured credit cards you should see improvement with your credit scores. You will also see all kinds of credit card offers in the mail. Some credit card companies that offer secured credit cards will offer you a un-secured credit line with good payment history. Typically after 2 years of good credit history on a couple of secured credit cards you should be ready to apply for small credit limits.
Maybe getting credit after a bankruptcy sounds like a bad idea, but if you want to get a loan anytime soon you will need to re-establish your credit. Bankruptcy scares most creditors and they will require you to re-establish credit after any type of bankruptcy.
So if you have not re-established after your bankruptcy, I would get your secured credit cards today
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