Free adult chat no credit card need it

As long as you approach the matter as a way to teach your child how to use credit cards responsibility, it could end up being a good thing.For that to happen though, you need to be willing to monitor the situation and teach your child how to use her credit card responsibly.These days, the vast majority of college students who are under age 21 can’t be approved for credit cards without adult cosigners.

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This can help them build and establish credit until they are eventually able to get approved on their own. If your credit is poor or you’re just starting out, a secured card can help you get on your feet and build or rebuild your credit with an credit card in your own name — no cosigner involved.

You’ll need a cash deposit to open the account, but after managing it responsibly for 12-24 months, you’ll be able to trade up and graduate to a traditional credit card.

If you have great credit, it will generally be pretty easy to get great credit cards.

But for consumers that have had a few credit problems in the past, or have no credit and are trying to establish credit for the first time, qualifying for a credit card can be a challenge.

With this in mind, you may be approached by your child to be a cosigner. Take the following points into consideration before signing on the dotted line.

The biggest mistake you can make is to assume that you’re just helping your child acquire a credit card.Instead of jumping right in and cosigning for a credit card, you could help your child get a secured credit card instead. Upon turning 21, she will be able to get an unsecured credit card of her own, and she won’t need a cosigner at all.Cosigning on a credit card, or any other type of loan for that matter, is probably one of the worst decisions anyone could make.There’s a reason someone is asking you to cosign…a bank won’t do business with them on their own. In the financial world, credit is the scale that financial institutions use to predict how likely you are to follow through with financial responsibilities such as paying back a loan.And if by some unfortunate chance the person you cosign for ends up filing bankruptcy and includes the debt in the filings, he’s no longer liable for payment — but you are.


  1. The part of the sign that I disagree with is his use of a political term "snowflake" literally alienating half the population by using that term.

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