Jul
19
No credit, can mother with bad credit cosign a credit card for me?
Filed Under (Bad Credit Credit Cards) by admin

Stars asked:


I’m about to turn 21 years old and I have no credit.I don’t want to get an insured credit card, so that’s out of the question.

My question is, can my mother cosign a credit card for me? Let me let you know, that she has very bad credit, she declared bankruptcy after she failed to pay for her student loans.

So can she still cosign a credit card for me? Will her bad credit affect mine in any way, shape or form? That’s my main concern. Thanks in advance for your answers.

LINH

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Comments

benbardot on 20 July, 2009 at 12:04 am #

To be honest, I doubt if you will obtain any credit at all even with her co-signing since bankruptcy remains on file for 10 years or more.

It will be best to find someone with a good credit score to help you out or get a prepaid credit card.

Visit for more info


gabriel jones on 22 July, 2009 at 10:30 pm #

Bad credit is one of the worst problems to have… however there exists a solution.

I will hereby talk from my personal experience.

I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :

if it helps kindly remember me in your voting!.. cheers!


jamesPurple on 24 July, 2009 at 4:57 am #

Depending for how much time she’s been in bankruptcy.

There you go : ?=yh060307

Also take a look there, it may help you :

Good luck !