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If I have credit card debt, can I take out one more credit card?

Submitted by boniward26 on Mon, 09/30/2019 - 23:03

I have some credit card debt, of which in one I defaulted a few months back. Can I take out another credit card?

Yes. You can take out another credit card even when you have defaulted only one credit card. But I would suggest you to avoid taking out another card when you have already defaulted on one. If you really want to take another card, then borrow a balance transfer card to consolidate high-interest debts into a low-interest card.

Submitted by Nick Jonas on Wed, 10/02/2019 - 03:28

Nick Jonas

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