The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt

URL:  https://boards.fool.com/ltlti-didn39t-reply-in-the-past-few-days-34118896.aspx

Subject:  Re: Credit for College Date:  1/25/2019  3:46 PM
Author:  SeattlePioneer Number:  312415 of 312560

<<I didn't reply in the past few days because I worked a 75 hour week last week.

The original poster was looking for a way to help improve their child's credit score. The fastest way to do this, without co-signing for them is to make them an authorized user. Until the credit scoring system changes then I see nothing wrong in doing this.

Not a helicopter parent at all. Doing this when they were in college got them better rates on cards so they didn't get sucked into the high interest cards then many college kids fall victim to.

They are now older, have good jobs, and are in control of their own finances. I did my job as a parent. >>



So---

when your children were in college did they come home and tell you how vile it was that so many whites benefited from racial "privilege"?
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us