If it’s just build credit, add him to your CC and never let him see the card. Credit score will go up

Sign up, and you'll be able to customize your font size and more! Sign up

Report problem with this ad

Jan 25, 2023
7:57:36pm

FromCAtoUT All-American

If it’s just build credit, add him to your CC and never let him see the card. Credit score will go up

Report problem with this ad

FromCAtoUT

Previous username: jholling
Bio page: FromCAtoUT
Joined: Feb 23, 2007
Last login: May 2, 2024
Total posts: 8,842 (99 FO)

Report problem with this ad

Messages

Author

Time

<< Deleted >>

cvd6262

1/25/23 7:44pm

Any on time payment builds credit.

BlooCoog

1/25/23 7:47pm

Just get a college credit card if you want to improve your credit

novacoug1

1/25/23 7:47pm

^^^ this is what I would recommend. My dad helped me get my own CC, left it to

gww687

1/25/23 7:52pm

Also add him as an authorized user to all of your credit cards, just don’t give

Cougs or die

1/25/23 7:59pm

This is how I did it (unintentionally). First loan I ever got my FICO was 800+

DiamondMo

1/25/23 9:00pm

Unless he wants to build credit to buy another car. You can be declined on an

Negative Equity

1/25/23 8:12pm

If it’s just build credit, add him to your CC and never let him see the card. Credit score will go up

FromCAtoUT

1/25/23 7:57pm

CC credit is not he same as auto buying credit

Negative Equity

1/25/23 8:08pm

Let me get this right

novacoug1

1/25/23 8:16pm

What I’m trying to say is that no matter the credit, good or bad, you can be

Negative Equity

1/25/23 8:29pm

<< Deleted >>

cvd6262

1/25/23 8:12pm

Per Dave Ramsey,😁, no need to build credit. Also, don't lend money to family...

Boredname Checks Out

1/25/23 8:02pm

You only pay interest on the balance so finance the whole amount

Negative Equity

1/25/23 8:07pm

<< Deleted >>

cvd6262

1/25/23 8:13pm

None. It expressly says on every retail installment contract I have ever seen

Negative Equity

1/25/23 8:14pm

True but it may not change his monthly payment

cougarfann888

1/25/23 8:25pm

The payment is dependent on amount rate and duration. Decrease the first 2 or

johnnybyu

1/25/23 8:29pm

With most loans I have had they would just make you continue to pay the original

cougarfann888

1/25/23 9:02pm

Banks will do this, some credit unions will let you have prepayment defer

Negative Equity

1/25/23 9:04pm

Sorry just read detail about paying a big chunk the first month. Yes that

johnnybyu

1/25/23 10:32pm

At some credit unions when you pay ahead your next payment isn’t due until

Negative Equity

1/25/23 8:32pm

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