We filed for bankruptcy in 2008 and every time we apply for credit cards, we still get declined.  When exactly can we start fresh?


Category: asked June 11, 2016

1 Answer



A record of your bankruptcy stays on your credit file for 7 years from the date of bankruptcy (14 years from the date of bankruptcy is you have filed bankruptcy previously). This is why you are being declined.

You should apply for a secured credit card. You will need to provide to the credit card company a security deposit (most require a $500 deposit) and a copy of your Certificate of Discharge (or Order of Discharge if you had to attend bankruptcy court to get your discharge).

Here’s a link to a popular secured credit card: