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re: Should I get another credit card?
Posted on 5/5/13 at 3:48 pm to snake23
Posted on 5/5/13 at 3:48 pm to snake23
Minorly
Mostly in the form of building up age of credit lines long term.
I would only do it if you qualify for a nicer card with better rates though, with the intention of that being your long term card after your dad stops paying the first one.
And whatever you do, don't let him close the account. Lock you out of online access/cut up the card if need be.
Mostly in the form of building up age of credit lines long term.
I would only do it if you qualify for a nicer card with better rates though, with the intention of that being your long term card after your dad stops paying the first one.
And whatever you do, don't let him close the account. Lock you out of online access/cut up the card if need be.
1
Posted on 5/5/13 at 11:21 pm to Siderophore
Why do you say you shouldn't let him close the account? Are there any other benefits other than a better debt to credit ratio?
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