0
How does bankruptcy affect interest rates on loans and credit cards?
Wiki User
∙ 17y ago
It cause interest rates to rise.
Wiki User
∙ 17y ago
Add your answer:
Earn +20 pts
Is it possible to just declare bankruptcy on credit cards?
You can declare bankruptcy due to credit card debts, yes.
Do you have to list credit cards with a zero balance in a bankruptcy?
no
What companies offer interest-free credit cards?
Here is a site that talks about interest free for 18 months credit cards www.moneysavingexpert.com Cards , Here is a site that talks about credit cards www.moneysupermarket.com/credit-cards
Am I still allowed credit cards after bankruptcy?
Yes, it is still possible to get a credit card after bankruptcy. "Secure" credit cards require you to place a security deposit down in the event of default, but they are a good way of rebuilding your credit.
Which are the best low interest credit cards?
The best low interest credit cards include CapitalOne Venture One Rewards and Blue Cash Everyday from American Express. You can learn more about low interest credit cards at the Credit Cards website.
Does a business credit card affect credit score?
All loans and credit cards have an affect on your credit score. Failure to use your credit cards responsibly will reduce your credit score and increase your interest costs.
If you were to negotiate a lower interest rate on your credit cards would that affect your credit?
it can be possible because it depends on your credit.
Can you put credit cards on a bankruptcy?
yep
Is it possible to just declare bankruptcy on credit cards?
You can declare bankruptcy due to credit card debts, yes.
Do you have to list credit cards with a zero balance in a bankruptcy?
no
What companies offer interest-free credit cards?
Here is a site that talks about interest free for 18 months credit cards www.moneysavingexpert.com Cards , Here is a site that talks about credit cards www.moneysupermarket.com/credit-cards
Am I still allowed credit cards after bankruptcy?
Yes, it is still possible to get a credit card after bankruptcy. "Secure" credit cards require you to place a security deposit down in the event of default, but they are a good way of rebuilding your credit.
Which are the best low interest credit cards?
The best low interest credit cards include CapitalOne Venture One Rewards and Blue Cash Everyday from American Express. You can learn more about low interest credit cards at the Credit Cards website.
Are there any credit cards available with a permanent 0% interest rate?
No, there are no credit cards available with a permanent 0% interest rate. You can however get the low interest rates one at www.which4u.com.au/credit-cards/lowest-interest-rate -
Can credit cards be used after someone files for bankruptcy?
Sometimes credit card charges are not included in bankruptcy. If they are then you will no longer be able to use them.
Can you file bankruptcy on credit cards that are not in your name but you are responsible for?
check Federal Bankruptcy act 801.3
Can you file for bankruptcy if your credit cards have gone into collections?
Yes.
