Quote:
Originally Posted by After Shock Media
You can still get away with it. Fico is changing that loophole due to people renting their credit scores to others to boost their own scores. You now just have to think a little bit. Get your kid a card when they are born or at some very young age, co-sign if need be. That way they still will get a card. There really is no minimum age to have a credit card. Then follow same guidelines, if gotten at birth they still will have 18 years of positive credit history and FICO along with others do really like and base a bit of your score on how long you have had credit. Do a few cards and again the kid is set at 18. They can only fuck themselves up.
|
don't they only count last 7 years anyway? so one can pretty safely wait till the kid is like 10 years old?