Should You Get Rid of Credit Cards After Bankruptcy?
If you’ve declared bankruptcy, you may feel that you never want to see a credit card again, especially if using cards irresponsibly is what got you into financial trouble in the first place. However, getting a credit card after bankruptcy or retaining a current card can be a smart move under certain conditions. Bankruptcy damages your credit score, and it is important to rebuild it gradually. If you charge only what is necessary and get into the habit of always... CONTINUE READING