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New Member
Posts: 2
Registered: ‎12-29-2007
0

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: 965
Registered: ‎12-04-2007
0

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
0

Re: Getting Back On My Credit Feet...

Over on the CC Forum there is a thread that talks about BK Friendly Cards.
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