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Reply to "18 year old credit card question"
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[quote=Anonymous][quote=Anonymous]Discover does special student credit cards. Got my now 20 year old one about 8 months ago, and DC now has a nice high credit score! When you fill out the application for income, I believe they allow monthly parent contributions (towards rent, other living expenses, payment of cell phone, etc) to count as income. I conservatively entered something like 2K per month (when you factor what you spend on room and board!) + DC's summer earnings... it was enough to get a 1200 LOC. And then after 5 months Discovered up'ed the credit after responsible use, paying off the cc each month. [/quote] But I think the point is YOU filled out this credit card application for him? isn't that for him to do? [/quote]
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