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URL:  https://boards.fool.com/i-would-say-that-for-now-a-usable-credit-card-15152828.aspx

Subject:  Re: Rebuilding My Credit Date:  6/11/2001  11:19 PM
Author:  warrl Number:  75728 of 312716

I would say that, for now, a usable credit card would be a bad idea for you.

Pay off your existing debts first.

Then, I really think that a secured credit card would be smarter for you AND for your parents, than getting a joint card with your parents. With a joint card, it's too easy to create a situation where your parents pretty much have to bail you out. And that's the beginning of a road to ruin. (Get "The Millionnaire Next Door" from the library and read chapter 5. Read the rest too, but particularly chapter 5.)
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