Hey all first time posting here. So here is what’s going on that I need advice with. My parents are in the final year of their bankruptcy. They started this process five years ago because my dad lost his job and when he finally did get a new job he has had a $5000 pay cut ever since. My parents are not smart with money and they tend to over extend themselves even now. Just recently my aunt came with the idea to go on a cruise to Cuba because my grandmother is almost 90 and they are worried she isn’t going to last much longer. As such my parents want to go and take the family but they can’t afford it and they can’t own credit cards while in bankruptcy (it’s part of their agreement). So they want to get me a credit card now so that I can start building credit for me and build a higher limit on the card so that when the trip comes they can use it to pay for the trip. I don’t know if this is a good idea given their past with money and I am wondering what to do as I do not want to piss off my parents but at the same point in time I don’t know if I necessarily trust them to not screw me despite them saying that they will make sure they pay it back. Another consideration for me is that I am in the process of joining the military and any outstanding debt may prevent that. Serious responses only please as I do genuinely need advice.
Submitted April 30, 2018 at 10:55AM by SandKeeper https://ift.tt/2Kr7uZo
