Castle Law Office Blog | Missouri & Illinois Bankruptcy Legal Blog

How Should I Use My Credit Card After A Bankruptcy?

After you have filed for bankruptcy, it is important to begin to build your credit immediately. One part of improving your credit is signing up for a credit card and using it regularly. However, you must use your credit card wisely in order to help your credit score instead of hurt it.

The rules on how to use your credit card after bankruptcy are very simple and straightforward:

· Stay well below your credit limit - don't even approach the upper limit.

· Pay your credit card bill on time!

· Pay more the minimum amount due each month, and if possible, pay it off altogether each month.

· Sign up for email reminders for paying your bill.

· Watch for account fees or a change in your APR.

· If you have any questions about charges to your card or your credit card in general, don't hesitate to call the company and talk to a representative.

· Don't spend money you don't have!