If you are thinking about getting a charge card after having gone through bankruptcy, the best path to take is obtaining a protected charge card that will use collateral in the application process.
By the word itself, you know that the safe and secure credit cards are protected while the unsecured credit cards are unsecured. The protected credit cards uses your assets as collateral. They generally start from five hundred dollars and up that the credit card issuer uses to figure out credit limitations for you. It is utilized for security functions if there is a default in payments.
Unsecured credit cards are likewise a choice for those in need of a credit card but application for these credit cards might be hard due to related insolvency problems.
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