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Yes; however, the issuer is not required to continue to extent you credit (can close the account).

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15y ago
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14y ago

No, however once you have completed the 1 year term of bankruptcy you can then apply for a pre-paid credit card to begin rebuilding your credit.

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Q: Can you keep a few small credit cards after filing for bankruptcy?
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Which companies offer credit cards for a small business?

There are several companies that offer credit cards for small businesses. They are Capital One, American Express, and also Visa has credit cards available.


Filed for bankruptcy 8yrs ago and not credit card since should I get credit card now to esatablish credit score and how long will it take to build this up to be able to remove bankruptcy from credit?

Normally the bankruptcy will remain on your report for 10yrs. The longer it is on your report the less impact it has on your score, although still an eye soar to potential creditors. I would recommend establishing one or two cards to build up your credit. Orchard Bank and First Premier are two of the easiest approval cards. Also, I would recommend establishing a secured loan with a small credit union that report to the 3 credit agencies. On the credit card(s) try to keep the balances below 35% if the credit line. A good credit score is also based on various types of credit, not just revolving credit (Credit Cards).


Can you take out a loan for small business credit cards?

Some banks will give you a loan for a small business if you have the proper credit. And yes, there are some credit cards available specifically for small businesses.


What services do American Express offer?

American Express offers several different products and services. They offer credit cards, savings accounts, prepaid cards, credit cards, corporate cards, small business credit cards, and credit reports.


What credit cards do suppport small businesses?

There are several credit cards that support small businesses. Some of these cards are: JP Morgan Chase, Bank of America, DiscoverIt, Wells Fargo, and Compare Spark.


Does capital one offer small business credit cards?

Capital One does offer small business credit cards. You can apply with a 0% introductory APR. Capital One provides 6 different small business credit cards to suit small business owners needs with no annual fees and no limit on rewards.


What are the best small business credit cards?

There are a number of excellent small business credit cards. The best will vary depending on the features a business is looking for. Some of the best small business credit cards are the BMO Premium CashBack Mastercard and the American Express Business Gold Rewards Card.


What companies offer credit card deals to small businesses?

All of the major credit cards offer credit cards to small businesses. There is still a form and a credit check that will be run to make sure your company isn't failing as it is starting.


How long does it take to rebuild credit after bankruptcy?

Most people are shocked to find they actually will start receiving offers for new credit once they file a bankruptcy case. Offers for secured and unsecured credit cards, car loans etc. You hear evidence of this everyday, just listen to the radio. Car advertisers or dealers saying, good credit, bad credit, Bankruptcy okay..... They mean it ,just don't expect to go in and command the best rates. Rebuilding is tough, make sure you make all payments on time no matter how small the debt.


Can you keep accounts in a bank if you filed bankruptcy against their credit card?

I don't have a definitive answer, but it has been my experience that normally you can keep an account in a bank after filing bankruptcy on their credit card. I have found some small, local banks though (usually credit unions) that do require people to close their account(s) if they file bankruptcy on the bank. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.


What companies offer deals on small business credit cards?

There are several key credit card companies that currently offer great incentives on small business credit cards. I would suggest checking out MasterCard for their service.


How can you rebuild your credit after bankruptcy?

The only way to rebuild credit after bankruptcy is to take out credit. But it must be done in an incredibly TIMELY and controlled manner. For instance, taking out credit cards in which you maintain a small balance and make many exact and timely payments. Basically showing that you can take out credit and control it pushes your score up. Any type of default in payment amount or time will hurt your score further. The article below lists a number of pointers for helping in this process.