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Credit Cards for People with Bankruptcy
Illinois Bankruptcy & Debt Relief Attorneys

After filing bankruptcy, you may be inundated with credit card solicitations and offers to extend credit.  Often, these offers are confusing and the creditors may not have your best interests in mind. At Loop Bankruptcy,a service of Lakelaw, our experienced Chicago bankruptcy attorneys can help you determine which credit cards can help you improve your credit score and which are not beneficial to you.

Pre-paid credit cards offer several advantages over debit cards.

Let us explain them to you. Contact us (866)525-3529

Many banks offer “secured” credit cards, which are essentially pre-paid credit cards that operate like a debit card by allowing the user to charge up to a predetermined amount of available funds.  Although these cards frequently charge a nominal annual fee for their use, they are often a better alternative to a traditional debit card because the bank will report the account to the credit reporting agencies, which ultimately improves one’s credit score, and when the card is used for travel, the bank will not place a freeze on the account to ensure that money is available.

Be cautious of credit card solicitations after you file bankruptcy.

The skilled Chicago bankruptcy attorneys at Loop Bankruptcy can help ensure that any potential adverse consequences are minimized so that you can move in the right direction financially.

Let us help you emerge from bankruptcy on the right track.

Free Consultation. (866)525-3529 Chicago, Cook County, Lake County

A word of caution, after bankruptcy, you will receive solicitations for credit card offers or even car financing aimed at people who have received their bankruptcy discharge. The interest rate will be astronomical and serious consideration should be given before pursuing these offers, even as a means to improving your credit score.

Free initial consultation. Act today. Call (866)525-3529