Valued Contributor
Posts: 1,442
Registered: ‎08-30-2012

Re: More vicarious apps

True. But they need to know going into the credit game that if you screw it up it takes a long time to fix it.

Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 705|EQ 690|EXP 698 (FICO)
What's in my wallet? Cap1 PLAT AU $1.25k; Cap1 Cash AU $2k; NFCU Siggy $23k; $4k WalMart DC; CFNA Firestone $2.2k; Amazon $2.1k; NFCU Cash Rewards $22K; AMEX BCE $18k; NavCheck $15k; Lowe's $10k; Citi DP $6.3k; AMEX ED $8.5k; Chase Freedom $4.5k
Goal Score: 700 across the board.
Take the FICO Fitness Challenge
My Journey
Super Contributor
Posts: 7,648
Registered: ‎04-22-2013

Re: More vicarious apps

Yes, but there are also lots of other important things, and you probably don't want them to spend all that time on all those forums (drugs, drink, gambling, prostitution rings etc etc).  Better just to inform them more directly.


Actually, my daughters' lack of excitement is good, they are viewing the cards as just a way to get some small rewards for spending they would otherwise do, and they know to pay in full.  

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+