How Can A Bankruptcy Affect Your Chances Of Getting A Credit Card



Many consumers are under the impression that if you end up in a bad credit situation that leads into bankruptcy that there is no chance of getting a credit card ever again. Well this is not the case as it is very possible to obtain a credit card...


Generally all the bad credit credit cards that are available today are going to charge some type of annual fee. This annual feel can be something rather low, say around $15 for example, or the annual fee can creep upwards to as much as $200 per year.


As the dependence on credit cards is growing, new areas are finding the convenience offered by them simply too irresistible. Businesses, small or large are increasingly using credit cards for their monetary transactions. Keeping this in mind credit card companies are issuing credit cards which are specially suited to business.