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Slide 1: Can You Get Credit After Bankruptcy Discharge? One of the concerns about filing for bankruptcy is how you can obtain credit after the bankruptcy discharge, and this is a valid concern. Obviously, if you have had to declare bankruptcy, often through no fault of your own but just the way things happened, then your financial history is not the best, and for this reason obtaining credit may be very challenging. However, that does not mean that you will never be allowed credit again. Credit card companies are keen to give people their cards so that they can start claiming the interest from unpaid balances, and there is a good chance that after your discharge from bankruptcy, if you tread carefully, then you may very well start receiving cards through the mail inviting you to apply once again. To get to this stage though, you need to show that you can handle your finances well. Continue to pay all your bills on time as you will have done during the bankruptcy process, of course, and when your finances permit, take out a prepaid credit card. These are no risk cards as far as the companies are concerned, because you load the card with your cash, and can only spend up to that limit on the card. Try to keep some funds available on the card, but do make sure you use it too, to show that you are responsible financially once again. There is a chance that when the time comes for you to apply for a credit card, you may only get a very low limit may be just a few hundred. Again it is up to you to show that you can handle this credit responsibly, and over time, there is every chance that this limit will be increased, provided you pay regularly at least the minimum amount. It is possible if your name is still in their system, that the interest rates you will be charged will be higher than for other people, or you may be given higher penalties if you are late with a payment or miss one altogether. This is only to be expected, but remember that there are many different companies out there that could issue you a credit card. Obviously, before you accept a credit card, you need to make sure that you will be able to handle the credit after your bankruptcy experience, which means that you must be certain that you can pay for anything which you buy on your new credit card, because of course, you do not want to end up back in the financial situation you were in before! For more information on this go to credit after bankruptcy discharge