Why is it that people who file for bankruptcy are able to secure credit better than those who do not? |
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That's not always the case. However,in theory someone who has had a BK discharged is debt free. Therefore some creditors might view them as being a reasonable risk. Go figure! You can be certain that the credit they do obtain will come with a high interest rate and other stipulations.
First answer by Anonymous. Last edit by Nikki. Question popularity: 31 [recommend question].
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