UnThreaded | Threaded | Whole Thread (34) | Ignore Thread Prev | Next
Author: PaintSpeck Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 310164  
Subject: Re: Can this help establish good credit? Date: 8/19/2005 2:58 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
The person in question is my sister. She is a single mother of one, once married to a complete total idiot (he cheated on her, not just once, oh, and he was a terrible father). The two of them filed for bankruptcy several years back before their divorce. She does not deserve the predicament she now finds herself in, and I am seeking out new ways to help her, without making myself liable.

A big problem she has is not being able to rent an apartment/house on her own. She does have a car loan out in her name, and has been making payments on that for over a year now.

I want to help her get started with savings and IRA accounts as well, but the main thing is establishing a good credit history.

What if her name is on the account, but she doesn't have access to a card (or the account #)?

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (34) | Ignore Thread Prev | Next


TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
Post of the Day:
Berkshire Hathaway

Questioning Amazon's Financials
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
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.