December 9th, 2009 by Questions
i applied for a pay as you go credit card is that going to make my bankrupty`s worse and is that allowed
Posted from: British Columbia
December 09, 2009 at 7:51 am, A licensed trustee said:
As long as you disclose to anyone granting you credit during your bankruptcy that you remain an undischarged bankrupt you aren’t breaking any rules.
Generally a “pay as you go” card isn’t actually a credit card – they don’t extend any creit to you, in order to use the card you have to pre-pay (like a gift card).
If you are unsure, speak to your trustee BEFORE you apply for the card.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.