New Member
Posts: 2
Registered: ‎12-29-2007

Getting Back On My Credit Feet...

Hi, I love this forum great info, and lots of help.  This is my first post, so I was wondering I filed  a Chap. 13 bankruptcy in June of last year, and I'm looking to re-establish my credit I was going to go the route of a secured credit card thru a credit union, which I'm a member of.  My question is are there any good bankruptcy safe CC's out there with no big fees that I can look into, and also do I have to let my trustee know that I'm applying for new credit?  A little background:  I have payed all trustee payments on time, check all of my credit reports, and had them change errors which I saw, my credit scores are in the mid 500's
Thanks for any feedback :smileyhappy:
Established Contributor
Posts: 951
Registered: ‎12-04-2007

Re: Getting Back On My Credit Feet...

I was allowed to obtain credit for under 1000.00 Anything over had to be cleared with the Trustee.  You are probably safe in getting a small card.  To the ones with no fees,  LOL GL :smileyhappy:  Orchard is probably the best.  You will have to pay AF but they don't charge for payments over the net nor do they charge a monthly maintainance fee which is nice.  Many of the sub prime cards DO charge fees.  Another one that isn't too bad is Credit One.  They charge 5.75 a month and an initial 75.00 AF.  To pay over the net though is like 7.95 a pop. 
As to the credit union mine wont even talk to me until I am out of BK.  (for a loan or cc that is) I would probably stick with Orchard and maybe BofA for a secured card that can grow with you.   Build up your scores and then go from there.
Moderator Emeritus
Posts: 11,562
Registered: ‎08-29-2007

Re: Getting Back On My Credit Feet...

Over on the CC Forum there is a thread that talks about BK Friendly Cards.
Free Annual Reports, Freq. Requested Threads, 5 Things We Don't Talk About, Common Abbreviations, Where do I start?, State Resources

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.