It may not work, but it would be worth asking Citibank to convert the account back to a personal account and carry the credit history with it.Adding the family member as an authorized user will not help. The rules have changed to close that loophole. An attorney before cosigning would be a very good choice. Even if they can't obtain the best rates now, they will have the option to refinance in a couple of years. If the family member belongs to a local credit union or has accounts with a local bank, the family member should try applying at the credit union.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar