 Wedding loan? |
| Is it possible to take out a personal loan to help pay for your wedding? I'd rather not have to pay on my Credit Cards. I was considering a personal loan of $1000, over a two-year period.... |
|
 Choosing a credit card? |
| what is good credit card? I got citi vc capital one decission to make. Both say 0$ anuall fee and both are promissing great rewards. Too good to be true. Where are the tricks? Obviesly credit cards ... |
|
 How do I build credit? |
| I'm 23 and I don't have credit (I think). I have debit/atm cards, but I don't think those count. My family always advised me to stay away from credit cards like the plague because of ... |
|
 Does enrolling in a hardship program for my credit card effect my credit report? |
| hi I have a credit card that had a promo intrest and now it has expired the payment has almost doubled and its getting harder for me to pay it they are offering a hardship program that will pay it ... |
|
 How do I refinance my auto loan? |
| Shouldn't a credit score of 626 and a DTI ratio of .19 recieve a better interest rate for an auto loan of 14,700 for 60 months than 11.9%? I've had my credit pulled so many times trying to ... |
|
 Help! Collections Issue? |
| A little less than a year ago, i stopped paying my credit card. I know, I'm a bad bad person but I was a stupid college student. The amount I had on the card was only 600 bucks. It eventually ... |
|
 Can I sue a cosigner on an old credit card for screwing up my credit? |
| My ex and I had a joint credit card in which we were both liable. She racked up a huge bill and then filed for chapter 11 bankruptcy. I understand that I can still be held liable. Now here is the ... |
|
 How much Credit Card Debt do you have? |
I have $12,000 credit limit on my cards and owe a total of 47cents.
How much credit card debt do you have and are you able to pay more than just the minimum payment per month?... |
|
 Credit card trouble, HELP!? |
| I have my VISA card and a taxi company charged me last July about $500 which I did not use. I called VISA last August and they said they will examine it. But I'm in foreign country and couldn... |
|
 Can I demand for an annual fee waiver for my credit card? |
| I've heard stories about some people calling in to the bank and threatening the line operator that if they are not given a fee waiver for the next year, they will simply cancel their card ... |
|
 I have some credit card debt... HELP!? |
I have over $2000 of cc debt and it needs immediate attention and am afraid this is going to affect my credit somehow.
I keep hearing about a credit card with 0 balance transfer for 1 year ... |
|
|  |
Silvia | Okay, I have a question. If my mom gets a credit card and adds me as a secondary card user.? |
Does that help build my credit at all or no???? Thanks a lot in advance. |
 |
 
$m¤¤v¥ £¤¢¤
|
With the new changes in the scoring system, unless you're a "co-signer" or "co-applicant" it will not build credit if you're a "secondary" or "authorized" user. One credit bureau has completely ignored that practice altogether, while the other 2 will discontinue the practice sometime this year. There is a slight chance that it may temporarily work until that happens, but once it does, the process is retroactive meaning that it will ignore everything that has happened before as well. |
|
ColistoIce
|
Depends if your joint yes if your just an authorizeduser than no. |
|
acermill
 |
Not any more. That situation pretty much ended late last year, when FICO (Fair Isaac) revamped its computer systems to no longer give credit score boosts to authorized users. Fair Isaac took that measure because of abuse of the system. |
|
pauljreiter
|
I don't think you can be a co-signer on a credit card, that's only for loans.
Secondary users do not build good credit. It only has a bearing on the primary card holder. In other words, apply for your own credit card and start building your own credit. You may get denied at first, but eventually some card will extend you credit. |
|
Gina @ Sand Castle Alapahas
|
As long as your social security number is being used on the account it can help, yes. It can also hurt your rating if the card is not kept in good standing or payments are made late. |
|
Slim Whitman
 |
No.
the account is in your mom's name.
As one who see credit / debt as a problem facing our country, I believe you should not spend money you don't have. |
|
Dom
|
I don't think it would as the credit checks and credit profiling would have been done on her and not you. |
|
JESSIKA
|
If she added you as an authorized user, then no it does not help your credit report. If she put you on a joint account (this would mean that she would need your social security number and your signature) this would be the only way that it would benefit your credit report.
Hope this helps! |
|
sofiamarialucia
 |
If you are listed as a user, no. Your social security number would not be tied to that card, so nothing would reflect on your credit report. If you are listed as a co-signer then yes, because you social security number *would* be tied to the card. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 10 minutes(s) ago
| | | |
9 | 50 minutes(s) ago
| | | |
11 | 2 hour(s) ago
| | | |
9 | 4 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
9 | 5 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
9 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
