LPT When your kids turn 18 add them to your best credit cards. You don’t have to actually physically give them a card, but you will be giving them a good credit score to start adult life with. I did this for my son and he went from having no credit to 750 in one month. submitted by /u/jollytoes

What type of credit/loans/funding is everyone using for inventory and expenses? Curious as I am always looking for alternatives. submitted by /u/lookingforananswer23

If you have travel insurance (either standalone or through a credit card – please specify) what mishaps did you NOT get reimbursed for? “Read the policy,” we are told, so we do. We have peace of mind – until something actually happens on a trip and the credit card insurance or standalone policy you were counting on turns out to not cover what you think it should. The legal team is always on the lookout for ways to avoid paying. I did have one experience with a standalone policy …

How can I dig myself out of this financial and credit whole I dug myself in? I 23M from California, I got fired from my job at the end of may. I applied to over 200 jobs of all kinds, fast food, warehouse, office etc. I finally secured a position at a hospital making $23.50 and on holidays (if I can secure a shift) I’ll be making double time and a half so $57.5, however my start date isn’t until the 22nd of this month so…

Father in nursing home with separated wife. Wife signed up for advance tax credit marketplace insurance. Long story. My father, who is in a nursing home (who I’m POA for) has a wife that took off when he got sick. I ended up having to take care of him for 6 months till I couldn’t deal with his Parkinsons and falling down all the time. She never divorced him so she could be eligible for his pension/soc security/insurance. I dealt with protecting most of his ass…

Balance on Credit Card Is it best to keep a 10% or so balance on my credit card consistently (one-time purchase) or to pay it off in full and add that same amount every month to build credit? I have a 0% interest rate for a while if that clarifies anything. submitted by /u/Lopsided_Room5037

I need help with either getting a credit union or a bank and I’m confused So I’m 18 and I’m going to college very soon in the same state and I need a card. A credit card. Or a debit card?? Or both? I kind of don’t know the difference. I would also like some help on that plz. So my sis just keeps telling me to get Chase and how it’s worked for her but I keep hearing negative shit about banks and Chase and how it’s WAY …

Credit card debt settlement Hi all, I unfortunately landed in the category of someone who made poor decisions and continued to let them spiral. I have a large amount of credit card debt, more than most people’s salary, and more than I like to admit out of pure embarrassment. I stopped paying them about two years ago (I know this was terrible decision making). The majority…

Credit card debt and personal loans I have 9k in credit card debt on multiple cards. The apr is all just about the same. Is it better for me to take out a Personal loan and pay them all off. Then put all my money toward the loan or pay it off credit card by credit card? submitted by /u/RoughUpstairs8942

SO’s dad is running up their shared credit card She 30f is the primary user on a credit card that her dad uses. She makes 19,000 USD a year. Her dad doesn’t work, but instead is living off of welfare. (2,000 USD per month) He keeps running up the card, using it monthly for his living expenses and other purchases. She keeps asking him to pay it off, but in his words he “doesn’t have the money”…

Searching for apartment I have 1k credit card debt 730 credit score. Will this be a problem? My income is 62k my roommates is 80k and the rent is 2550 so about 1280 each thanks both have scores over 700 but I have the 1k credit card debt bc I had an unpaid practicum last year when finishing my school degree. Will this fuxk it all up I do have 5k of savings also submitted by /u/AffectionateRough401

Renting a Room vs. An Apartment Credit History Okay, I know you need a credit history to rent an apartment but if I just rent a room, do I need a credit score for that? I’m in a bad situation at home and I need to leave within a year or so. I’m not 18 yet btw that’s like next February. submitted by /u/Aromatic_Bench_9897

Building credit as a young adult Hi, I am a 22 year old man, I moved to the US a year ago. I just have a debit card for now, but some coworkers have advised me to get a credit card, which I agree on. The problem is that, as I know, my bank asks for an average of $500 monthly is the account. As any young adult, I don’t have much money. My finances are healthy, I don’t have any d…

Simple question about financing a bike or paying with credit card. What should I do? Bike shop said I could finance a bike at 0% for 12 months (would be $280 a month). Or should I put it on my credit card and get 3% back about $102. The thing is I would have to pay that credit card off that pay period (which I am more than capable of doing). I have a good amount of money in a HYSA making about $100 a month. I…

What to do when you discover identity theft on your credit report I normally check my credit every couple of weeks because I’m trying to rebuild, and that requires keeping track. Last I checked was probably a couple of weeks ago, if that and things looked good. Today I checked and there’s 450,00 of new debt in real estate loans and 60,000 in car loans that aren’t mine, plus personal info like names and addres…

Confused about credit scores I recently opened a card with synchrony/napa for car repairs. When it came in the mail it said my credit score was 518. I checked my credit karma and they said 650. So then I made an account with experian and they said 703. Why are all the scores so different and which do I believe? submitted by /u/Kanna777

Best credit cards for 800+ credit scores? I’ve been using the same credit card since I started building credit. I’ve always paid it off monthly, so having a particularly “good” card has never really mattered to me. I’m solidly into the 800s now, and I’m curious if getting a better card would do anything for me. Is it worth looking into getting something different? Eta: I still plan on u…

No credit worse than no debt? In quick summary, I’m 48yrs old. After some bad decisions and silly youth I cut up all my credit cards in 2001. I currently show not enough info to generate a credit score. I have no debt and lived within my means to this point all be it not that well. I currently make around 70k a year and only use paypal and no banks. Tell me how to improve an…

just starting out with credit this might be the wrong board but i’ve never had a credit card however have done minimum research and don’t plan to abuse it, i’m 18 and plan to move out across country in 3-6 months and do have a couple questions on whether getting a credit card and slowly starting to build my credit my credit or keeping my credit at 0 would be better though? i…

Will closing my PayPal credit hurt my credit score? So I’ve paid off my PayPal credit card and I no longer want the account. How much would closing the account hurt my credit score. submitted by /u/CompetitionWhich7258