Uploaded by creditcardsforbadcr on Jan 14, 2012
http://creditcardsforbadcreditnotbadpeople.com/ (Part 1) This presentation will cover what I went through and how bad my credit was and what the best credit cards for bad credit that I found that approved me. View Credit cards for bad credit video part 1 here http://youtu.be/7CT8nI5hfXM View Credit cards for bad credit video part 2 here http://youtu.be/IwhmVh_h54E Just a few short years ago I had great credit, I was running a real estate business and I had over 10 mortgages on my credit one of which was in my name. I had two auto loans for the two trucks that my wife and I drove. We had several credit cards with high limits; one of the credit cards was an Amex. This American express had no limit, you could run it up as high as you wanted each month but you had to pay it off the next month. My credit was so good that I could get a signature loan from that bank with no problem...all I had to do was sign my name and they would give me thousands of dollars. BUT then things took a drastic turn for the worse. My real estate business went down and in the process so did the rest of my personal finances. My houses were foreclosed on even the home that I lived in, my wife and kids and I had to move in with family. My two cars were repossessed and all of my credit cards became delinquent. My credit was totally ruined! I filed bankruptcy and when it was all figured out the bankruptcy discharge was well over a million dollars. Here is the good news... most people reading this do not have credit this bad. As you read on that I was able to get a credit card and start rebuilding my credit.
As I say in the video I was emotionally bankrupt along with being financially bankrupt. The first thing I had to do was get a car, the only place I could go was a buy here pay here lot. Just to be clear most buy here pay here lots do not report to the credit bureau. So getting a loan at a buy here pay here lot will not help your credit score. After that I began to apply for credit cards to start rebuilding my credit. I started applying for store credit cards just because it was easy to do... they entice you to apply with a ten or twenty percent discount off of your purchase. I was even declined for store credit cards. I finally resorted to searching online for credit cards for people with bad credit. After doing some research I found a short list of a few credit cards that are specifically for people with bad credit. I have compiled a short list of credit cards for people with bad credit and have listed them all on my website www.CreditCardsForBadCreditNotBadPeople.com I have them broken down the best ones for people that need a secured credit card and for people that don't need a secured credit card. Even though this video may have been published months or years ago this website will have the best most up to date credit cards for bad credit. View Credit cards for bad credit video part 1 here http://youtu.be/7CT8nI5hfXM View Credit cards for bad credit video part 2 here http://youtu.be/IwhmVh_h54E
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