How do I rebuild credit after a bankruptcy with a credit card?
The first trick is to actually get the credit card…..in todays market they will see your bankruptcy and not be very cooperative. Unsecured is always the best, but you will probably have to start with a secured card. After several months of use and good credit behavior they may be willing to change it to an unsecured. Always pay on time and pay off as much of the balance as you can…never just pay the minimum. Try not to use more then 30% of the credit limit, as this will hurt your scores. Try to get at least 2-3 cards. The more good credit lines you get the better. But remember…..you went bankrupt because you failed to maintain a good credit behavior……so if you have learned your lessons then get some cards. That is the only way you will restore your credit.
