Pre-Paid Credit Card after CP?
February 13th, 2011 by Questions
We are thinking of doing a consumer propsal for our credit card debt, which racked up after 3 bad years. I am wondering if a person could get a pre-paid credit card after filing for CP? It would make it easier to deal with some situations (online payments). But would it also help to rebuild credit?
Posted from: British Columbia
One Response to “Pre-Paid Credit Card after CP?”
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.
February 14, 2011 at 9:02 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
This is a great thing to do during a consumer proposal and one that we strongly encourage as long as you have the discipline to use it wisely. By obtaining this secured credit card (and make sure it is a secured card not a pay as you go card) is an excellent way to start the credit repair process.