Question about Credit cards for people with bad credit
I have this friend who is going through a Foreclosure and he filed for bankruptcy to get away from all the creditors. His credit is already ruined by the late payments and so forth.
He lost his credit cards because of the bankruptcy.
Anyone knows if those credit card companies who say they would give you credit card with bad credit are legit or just a scam?
One example is:
American Octane Black Card Unsecured
100% Approval regardless of past credit
Credit limits between $1000 and $10,000
Build new credit (no purchase necessary)
Reports to Major Bureaus
$99 One-time Fee