So my nephew is just starting out in life - he's in college, 21 years old, working hard, and surprise surprise his shitty dad at some point put some big unpaid bills in his name. (Quite frankly I'm a little surprised it's just with one company - I'd have expected this guy to have been doing this to all of his kids for their whole lives. Awful person, not somebody I have any contact with or control over in the least.)
So he's been trying to get a credit card and of course got denied; he went to his bank and they won't even give him their secured card where you're required to keep a certain amount in a savings account with them.
Well, I told him that he's not going to like his options - assuming his dad won't accept responsibility, he can either dispute it (which I don't know the process but I assume it would involve filing a police report which I'm sure he won't do) or dig out from under it. As far as I know he's received no communications from debt collectors or anything - the only place this is showing up is on his credit. Or I guess he can try waiting 7 years.
So 1) am I wrong about what his options are, and 2) what can he do at this point to repair his credit? Is there a secured card he may be able to get if even his bank won't work with him? There isn't anybody (well, anybody who would be helpful) who would allow him to be an authorized user or cosign anything with him. (I won't do it, I love the kid but no.)
Submitted December 04, 2017 at 09:21AM by pedantsrevolt http://ift.tt/2AMREX2
