Question : Which credit card companies will give credit cards to someone who is a discharged bankrupt?
A friend of mine was made bankrupt a few years ago, but has been discharged for about 18 months or so. So he can try and build his credit up, which credit card companies would allow him to obtain a credit card? He is not interested in the interest rate etc - he just wants a company who will definitely say yes, as if they say no, it will make his credit scoring worse.
- asked by devil_fish_2000_uk
All Answers: Answer #1 try www.orchardbank.com or www.mytributecard.com - answered by April J
Answer #2 Go with a secured card....Your friend doesn't needany unsecured debt after filing for BK.....I thinkthat CapOne has a fairly good secured card.. - answered by Slimick
Answer #3 almost any the credit card company know theycannot become insolvent now for 7 years. so nowthey have a fresh slate. apply for one or two andwait for the reply. too many and the creditreportingagencies will flag that person forawhile. Hope this helps. - answered by Randy G
Answer #4 i used to work with one of the credit rating companies. Normally there would be lots likeTesco, M&S, Egg. But due to the current creditcrunch every lender had raised their credit scorelimit by at least 300 points. Credit ratings areout of 1000. People who have been bankrupt's scoregets reset to between 0 and 100 and it takes yearsraise it again. Sorry if this hasn't helped. - answered by anom224
Answer #5 go to moneysupermarket. go to the credit cardsection. They have a list of credit cardcompanies that accept people with a bad credithistory. Vanquis and capital one are just a fewof the companies on the list - answered by JanJan
Answer #6 just about anyone will - don;t expect an int rateof less than 20% and the credit limit will besmall, until he proves himself - answered by Doctor Deth
Answer #7 Check out http://www.gozeropercent.com There are afew cards in the "Bad Credit" section. I would trythe Continental card. I think they approveeveryone. - answered by Brian K
Answer #8 the bank of toy town - answered by big ed
Answer #9 he can apply for a credit card for people with badcredit. They are easy to get approved. most ofthem report to all major credit bureaus whichhelps to improve credit. he can apply for onehere: http://www.creditcardxpo.com/bad-credit-credit-cards.asp - answered by John S.
Answer #10
http://credcards.noneto.com - try this one. Ipersonally use itIt is very good for bad credit. - answered by John W
Answer #11 capital one gave me one about a year after I wasdischarged. it only had a £200 credit limit and Ihad to pay a £200 deposit, but it allowed me torebuild a credit history. - answered by alatoruk
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