I filed Chapter 7 bankruptcy and it has been discharged for 30 days. I am trying to rebuild my credit but am looking for any good ideas or advice on how to do this properly. Any suggestions and ideas would be appreciated.
Actually it’s very simple, you can go with a secured credit card like others have suggested or apply to Orchard Bank, First Premier, H.S.B.C. and Capital One they are all pretty good at giving credit cards to people with damaged credit or thin credit files.
The fees and interest are high but once you pay off the fees there is no reason to ever pay any interest, just use the cards for every day things like gas, lunch, food etc. and pay them off in full before the due dates and within 12-months you will have reestablished your credit and be able to get better cards and do the same thing.
I did this after my BK back in 2001 and in 18-months raised my score over 150-points.
