Upload

Loading...

Bad Credit Credit Cards, I Tell How I got Several Credit Cards for Bad Credit After Bankruptcy

39,103

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Uploaded on Jan 7, 2012

http://www.creditcardsforbadcreditnot... In this video I tell how I found several Credit Cards for bad credit individuals like myself. Actually my credit was horrible not just bad. I had filed chapter 7 bankruptcy my real estate business was bankrupt I have over 10 homes foreclosed on! The idea that I was ever going to be getting a credit card with bad credit, such poor credit was disheartening. I also had 2 cars repossessed, I felt like I had the worst credit on earth. When things were going good in my life and my credit was great I could get a signature loan in a heartbeat, I had an American express card that had no limit as long as you paid it off the next month. After the Bankruptcy the only way I knew how to get credit cards with bad credit was to apply for secured credit cards for people with bad credit.
After my bankruptcy, I didn't know how I was ever going to be approved for any bad credit credit cards ever again. I thought that maybe with my credit repair back ground that I could figure out how to get a credit card with bad credit. I looked into the market of secured credit cards, to see how to get credit card with bad credit... this is where you make a deposit to the credit card company for the amount of your limit. For example if you need credit cards bad credit and the secured credit card had a limit of $500 then you would pay $500 to them and you would get a credit card for bad credit. You may be asking yourself what is the point of low credit credit cards if you have to pay the amount of your limit upfront. The reason is, that it is the easiest credit card to get with bad credit so after you use that card for 6 months keeping the payment current and not going over the limit then it is building your credit and repairing some of the damage. After 6 months you may qualify for a bad credit credit card that does not need a deposit an unsecured credit card. The process is really not that complicated as long as you have someone to show you were to apply first to see if you can get an unsecured credit card, if your credit is too bad and you are denied for the unsecured credit card then apply for the secured credit card. Even if you can only pull together $250 to $300 dollars then you can get a secured credit card for that amount to start building your credit to the place where you can qualify for an unsecured credit card. Once you get to the place where you have three to five credit cards in use for 6 months and you keep the balance below thirty percent of the total credit limit and you pay on time each month it will build your score significantly. Keep in mind this is exactly how my wife and I repaired our credit after the bankruptcy. A bankruptcy that discharged over a million dollars in debt was not small BK and it ruined our credit but with the help of some smart decisions we were able to find credit cards for bad credit and use them to repair our credit score. View the video now to see how you can get the same credit cards that approved me http://youtu.be/OY2j8CR5Kvo watch now and let me show you where to get the best bad credit credit cards!

Loading...

Advertisement
When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...