When a person has been bankrupt then it can be hard to get any future credit cards. This does not mean that it is impossible, just that it is much harder. In fact credit cards can be a way for a person to rebuild their credit rating.
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CREDIT CARDS
- Balance Transfer Credit Cards
- Frequent Flyer Credit Cards
- Gold Credit Cards
- Low Interest Credit Cards
- No Annual Fee Credit Cards
- Platinum Credit Cards
- Rewards Credit Cards
- Signup Bonus Credit Cards
CARD ISSUERS
- American Express
- ANZ Credit Cards
- Aussie MasterCard
- Bank of Queensland Cards
- Bankwest Credit Cards
- CBA Credit Cards
- Citibank Credit Cards
- CUA Credit Cards
- HSBC Credit Cards
- NAB Credit Cards
- St.George Credit Cards
- Suncorp Credit Cards
- Virgin Credit Cards
- Westpac Credit Cards
- Woolworths Credit Cards
SOCIAL MEDIA
Can discharged bankrupts get credit cards?
Credit cards after bankruptcy
Credit cards, like most other types of debt are harder to find after bankruptcy. However they are not impossible, and there are always some ways of getting credit cards although they will are likely to have higher interest rates and less attractive terms than standard credit cards.
Bankruptcies show up on credit reports, so stopping people getting credit cards and other forms of credit. Although bankruptcy is a big stain on a credit score, credit scores still look at other indications of ability to pay. This means that a bankrupt person with other indications that they may be a good credit risk in the future may be given a credit card, for example they may have a steady job. Readmore
Is it possible to get credit cards after bankruptcy?
A growing number of Australians are experiencing bankruptcy. It is now the case that bankruptcy does not need to mean that there will never be any credit, and that includes credit cards. Someone who has been made bankrupt will often only have access to specialised credit card offers. The credit card deals with high levels of rewards and low interest will not be open to bankrupts.
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