1) Before you borrow or taking a loan or getting a new credit card, establish your budget. Establish a household budget and include money for retirement and savings in addition to the money for the loan.
2) Take a prepaid credit card. These cards are not unsecured but secured, by an amount that you will put down towards the card. According to allmandlaw.com, these cards are reported to the credit reporting agencies exactly like the unsecured kind without the threat of the unending debt cycle.
3) Know what to provide to lenders. Taking your proof of income and budget information (to show you can pay) will generally be enough for lenders to approve you.
Whatever you do, be smart about your purchases and watch those balances. Use the free tools presented during your bankruptcy counseling courses to help establish yourself again.
For more information or answers to your questions contact our Fresno Bankruptcy Attorneys today for a free initial consultation! The Law Office of Timothy C. Springer, toll free (877) 776-4529, is waiting to hear from you.