No. of Recommendations: 0

Thank you.

<<<Only co-sign if you can pay the bill yourself.>>>

Yes. We can pay the bill. We would need an attorney though, up front, for a variety of contingencies that I can think of.

<<<I would suggest that he talk to Citi and ask why they changed his account over. I don't know if they'll fix it retroactively, but it's worth a call.>>>

The personal credit card was cancelled because there was suspicious activity. Don't know WHY they made the change to a business credit card. It is now 7 years later. Doubt there are answers at this point.

Family member did call them about this. Citi would not even guarantee that a new personal credit card would be approved. I think so? Citi also said that the business credit card history could NOT be transferred to the new personal credit card.

However, Citi said that they would send a letter to family member stating that all payments were on time and in full. Citi would not agree to send the letter to the credit bureaus though.

<<<In some cases (not all, just some) if he can prove that he's been responsible in terms of paying his bills there are some banks that will accept this. If he has his accounts at a small bank rather than a giant, this might be worth considering.>>>

His checking account is at BBT, not a small bank. I don't know if there is a small local bank or not. I'll look into it.

Thank you for your reply.

Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.