If you’re a bankrupt you are a poor credit risk. Ergo, you can’t get a credit card easily. Here are a few suggestions for the needy:
1. A secured credit card from a foreign bank.
A UK or US bank might not touch you, but a Caribbean or Eastern European bank might take you on. As such banks are prone to go bust, don’t put all your cash in such an institution.
They require a cash deposit to back up the card. It can go from 2000-5000 depending on the bank. A cheaper alternative is:
2. A pre-paid debit card.
Western Union are the most well known company offering these in the UK. They’re more common in the US. Not a credit card, but handy for internet purchases and the like. An alternative if you need electronic money and a MasterCard logo.
3. Setting a Budget: The most basic place to start getting yourself out of debt is by setting a strict budget. If you restrict yourself to a certain spending amount, you will avoid over-spending, and make sure that you have enough money to pay each of your bills without having to worry.
Setting a budget will only work if you can restrain yourself enough to follow it...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
