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Many credit card companies advertise bad credit credit cards. To get approved, this usually entails opening a savings account with the company. In this case, the credit card is secured. Although secured credit cards require upfront cash, and usually involve several start-up fees, this is the easiest method for quickly improving or building a solid credit history. The credit limit on secured credit cards varies. For the most part, the limit is equivalent to the amount placed into the savings account. As credit score improves, the company may gradually increase your limit.
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In 2009 we think that a lot of companies and individuals will face bankruptcy, this internet site have some Articles about bankrupty. (external link)