0
Life brings in its own taste in different aspects of life. When we go to restaurants, the food does not always taste good. The chef did try his best, but it's just that the day does not belong to him. That's what happens in life also. Even if we do things correctly, at times they turn out little off track on the longer run. Just as the chef ends up making a bad dish, we end up in a financial disaster. But that's not the dead end at all. There is a way out of it also, file for bankruptcy. Well as all coins have two sides, so does bankruptcy.
There are few things one must keep in mind before filing for bankruptcy. There are often intelligent alternatives to bankruptcy. So do explore your options before filing for bankruptcy. That's because bankruptcy has its own negative impacts as well. So a bankruptcy attorney must be consulted. A bankruptcy attorney can give you very good idea of the pros and cons of filing for bankruptcy. There is a major demerit that comes along with bankruptcy. While filing for bankruptcy credit score comes down drastically. At this point in time several banks may even refuse to provide you with any kinds of loans. Even if they do agree they will charge more interest rates than what they would usually do. Well it can obviously be taken over in due course of time, but then there is no quick alternate to it. There are a few credit repair products available, which must be used intelligently.
There is no fixed amount of time that you can again apply for credit. It depends and varies from different creditors. For example one creditor may allow to lend a consumer credit at a very short duration from bankruptcy, where as others may not. There is no definite law formed to stand by this. So it's all the creditors call. So whenever you apply for bankruptcy credit takes a bad hit. Bankruptcy stays on the credit history for about 7 to 10 years. So one must be very careful in taking new credits after filing for bankruptcy. Only small and necessary credits must be taken. It must be made sure that the credit report reflects things very accurately. Even if you are applying for new credits, they must be managed very carefully.
What else can I help you with?
A credit card but you are only 17 how can you get one?
apply for one if they refuse you apply again and again till you get one. i applied 3 times before i got one. it helps if you work so you can pay the bills.
If you are married and your spouse has bad credit can you apply for a home mortgage on your own?
Sure, as long as your credit is good and you make enough/have enough assets to qualify for the mortgage. Again, the legalities that apply in one state, may not apply in another state. It will be wise to check it out first.
How many credit cards should you apply for at one time?
Never apply for too many credit cards at one time. Every time your credit report is ran it lowers your score. Some places will look at how many time your credit report has been pulled. Any time your apply for a credit card or a loan you should give it several months before you apply again. I have good credit but because my credit report had been pulled 6 times in 2 months I got denied. That's the best info I can offer.
How long do you have to wait to apply for a credit card if you filed for bankruptcy?
you would most likely have to wait for a few years until your credit can start to steadily go up again.
How can one apply for a credit card?
There are numerous ways to apply for a credit card. One can visit the the websites for banks and apply online for their credit card. One can also call the credit card company they wish to apply for and apply over the phone or have them mail them the application.
Where can one apply for credit cards with rewards?
One can apply for credit cards with rewards at websites such as Credit Cards and Credit. Other websites that one can apply for these cards at include Visa and TTBank.
Have you received a credit card that you didn't apply for?
No, I have not received a credit card that I didn't apply for.
How can one apply for a credit card from Credit One Bank?
You can easily apply for a Credit One credit card on the official website of Credit One Bank. You can apply online and see if you're approved in under one minute.
How does one apply for a platinum credit card?
The way to apply for any credit card including a platinum credit card would be to go to the website and apply. You need a stable job and good credit too.
Do you have to accept a credit card if you apply for one?
No, you are not obligated to accept a credit card if you apply for one.
Where would one apply for a MBNA credit card?
Once you know where to go, it is not hard to apply for an MBNA credit card. Apply for an MBNA credit card at their website or call 0800 068 8788 to apply.
How can you get a online credit card?
you apply for an online credit card in the same way you would apply for any other credit card. There are many different types for all different levels of credit rating.
