Dear redditors,
I don't often post on here, so forgive me for any mistakes.
I am 24 years old and currently in university studying for a Business degree in Wales. I previously lived in London, but long story short, I lost my job and decided to get back into education to help my employability for my chosen career path.
So far, things have been great! My grades have been good, I have a part time job, and I feel that I've been getting my life back on track. Except when shit hit the fan today.
I was aware that my mother had a credit card in my name. I remember her asking me if she could open one. She told me it would help her out and work up my credit score. Back then, I wasn't very well informed on credit scores and the such. All I knew, is that I would be helping my mum, so I agreed to let her open it. This was back in 2014.
Last year, my housemates were doing credit checks on themselves so I thought I'd join in and see where my credit score is. I was shocked to see it was quite low. I wasn't expecting it because I knew my mother was paying off the card monthly and assumed my credit would be good because of that, but I was wrong.
Today, she called me saying she is struggling to keep up with the payments and has racked up £6000 in my name. I'm sickened. She had opened several accounts in my name for online clothing stores like Very, Littlewoods, and NEXT. I feel absolutely disgusted and upset because I pretty much don't have a future anymore. Myself and my boyfriend may have to put our future on hold because of this. My credit score is ruined and she cannot keep up with the payments, which will all come back to me.
I feel so disgusted and sickened. I don't know what to do. My mother wants to apply for an IVA in my name but this will be on my credit report for 6 years. That means me and my boyfriend may not be able to get a mortgage until I am 30. My credit has been tanked and I am sickened. I honestly don't know what to do. I feel so upset and betrayed by the one person who I thought I could trust.
I'm sorry if this is all over the place. I'm just so upset and I feel so betrayed. What can I do? Will I have my future? I don't want to file a police report because I couldn't see her jailed. This may sound silly to you guys, but I'm in such a difficult position.
Submitted March 05, 2018 at 08:20AM by HardlingBack http://ift.tt/2oKgrUi
