Why does it have to be my oldest card?

Sign up, and you can make all message times appear in your timezone. Sign up

Report problem with this ad

Feb 11, 2020
11:48:31pm

Garn All-American

Why does it have to be my oldest card?

Report problem with this ad

Garn

Bio page: Garn
Joined: Mar 27, 2002
Last login: Jun 16, 2024
Total posts: 9,717 (34 FO)

Report problem with this ad

Messages

Author

Time

I have a daughter who is trying to build her credit to buy a car

Garn

2/11/20 10:41pm

Doubt it

cambo

2/11/20 10:45pm

It’s a very good way to get someone some credit history fast.

monteburns

2/11/20 10:48pm

We told our kids we'd cosign on first car loan if they set up payments on auto pay. Worked like a

Soupie

2/11/20 10:49pm

It'll help, but I'm not sure if that alone will be enough to "do the trick"

jrob30

2/11/20 10:49pm

If I understand it correctly only the main card holders credit factors in, so

akmewg

2/11/20 11:15pm

This is my understanding as well.

cambo

2/12/20 11:25am

Google credit card piggybacking. A credit score is something that is calculated

GilaHank

2/12/20 11:34am

My daughter was able to buy a house in her 20s with a sky high credit score

LaserCoug

2/12/20 11:54am

Yes it will. Make sure it is your oldest card and you don’t have a balance on it

GilaHank

2/11/20 11:25pm

Why does it have to be my oldest card?

Garn

2/11/20 11:48pm

Credit scores are calculated based on several factors, one of which is

GilaHank

2/12/20 12:10am

Also don’t give her the card

LaserCoug

2/12/20 8:34am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad