Searching for Credit Cards
Posted By on Aug 9, 2010 6:12am PDT
Obtaining a credit card is one way to reestablish your credit after bankruptcy.
Gas credit cards, store credit cards are ways to obtain new credit after bankruptcy. Major credit cards may be harder to obtain.
Searching for a major credit card may be a confusing process. Banks, credit unions, and other lenders offer credit cards. The new credit card law requires credit card companies to credit card companies to post standard credit card contracts online -- so you can compare details of rates and terms between issuers, as of February 22, 2010.
Some places to start looking for credit card opportunities:
Your credit union; Credit unions often have the best rates.
The Internet; wse the Internet to do comparison shopping. Some websites provide credit card comparisons. Look at: www.bankrate.com, www.cardtrack.com, www.consumer-action.org, or www.federalreserve.gov/pubs/shop.
Your Professional organizations and universities. Many professional organizations and universities offer credit cards with low interest rates and no annual fees to members or alumni.
Talk to your Baltimore County and Montgomery County Bankruptcy Attorney about rebuilding your credit after bankruptcy.