After bankruptcy, you have to start slowly rebuilding your credit. It is important that you are able to make all of your payments on time, and Vivix Credit Solutions will work with you to create a new budget that enables you to do so.

Further, after bankruptcy, or at anytime in your life, remember that it is okay to pay with cash. Many people find it easier to pay with cash for a while after they have gone through bankruptcy in order to make sure they can control their spending. While this is often a good first step for many, it is probably not a feasible option for the majority of people who have gone through bankruptcy. In the modern world, loans and credit cards are important, and good credit is necessary to obtain them.

After you have realized that you can budget yourself efficiently through spending only on cash, it is important to obtain a new credit source. Do not despair if the first credit card you apply for, and obtain, has high interest rates. In the beginning, it will be hard for you to find a card with low interest rates, so you should apply for credit cards that are within your reach. Overtime, as you continue to make your payments, you will start to qualify for better credit cards. When obtaining your credit cards, be sure to read the fine print (sometimes agencies include important details that you do not want to miss!). Once you have this credit card, you should make sure to borrow and to pay back your purchases on time. Vivix Credit Solutions may suggest that you try to limit the use of your card to one thing every month- gas, for example. Then, you can make sure you have the money to make the payment at the end of the month.

If you cannot qualify for a credit card, and do not want to resort to merely using cash, you can also try a secured card or a certificate of deposit. With a certificate of deposit, you can set up automatic payments, and reestablish credit without credit temptation. This is often a good option for individuals who are too scared to delve right into a brand new credit card.

Thus, after bankruptcy, you have many options you can choose to work towards reestablishing your credit. With help from Vivix Credit Solutions, you can determine the right plan for you.