This is all awesome and of course only you know the whole picture.
I just don't think I'd personally co-sign anything for my kid.  Previous Message She finished undergrad in 3 years, got a scholarship that is paying for 8 semesters of college tuition (so first year of grad school), moved home to save living expenses during grad school, and pays her own other expenses (gas, clothes, etc.) She has enough saved that she could pay off the car outright. Just wants to keep her savings account high. I've not made a single payment on the vehicle. Edit: She bought the car so she would have something reliable for commuting to grad school. Also helped me out so I could pass down mrs. Effin's old car that she drove to her sister when her sister turned 16.  Previous Message Just not things I would consider. Nor giving my kids a credit card in college. Add to the list of surprising things like people giving their young kids phones and 16 year olds cars. Now get off my lawn.  Previous Message  Previous Message  Previous Message Neither has their own card yet. Oldest has a car loan, but I'm a co-signer.  Previous Message mini currently is an additional cardmember on my Apple Card but doesn't have his own card. Did your kids get a card of their own when they went to college? Do they have kiosks with stupid giveaways like they used to in the 1990s?
|
|
Message Thread | This response ↓
For those with recent college kids - what did you do for a credit card for them? - ATL June 30, 2026, 9:46:13
- The Credit Union at Purdue offers students a card. - Chicago1995 July 1, 2026, 9:52:30
- My kids have bank accounts that I can access or transfer money to - Taz June 30, 2026, 20:29:53
- College kiddo got a credit card though the credit union at Wisconsin. - nash June 30, 2026, 19:32:50
- i know it - Nobster June 30, 2026, 11:43:57
- Have them get 2-3 credit cards - timmer June 30, 2026, 11:42:29
- if you haven't yet, atm card and pile in money for allowance/tasks. - Nobster June 30, 2026, 11:37:21
- Chase Freedom Rise card* - Herman Blume June 30, 2026, 11:10:01
- Both my kids 22 (grad school) and 16(HS senior) were added to my Discover Card. - EffinIllini June 30, 2026, 10:18:26
- *boggle* - Chilango June 30, 2026, 10:23:56
- Why boggle?* - ATL June 30, 2026, 10:25:24
- Cosigning for your adult child - Chilango June 30, 2026, 10:26:35
- Credit card is kind of a necessity. Emergencies happen. - Chicago1995 July 1, 2026, 9:55:42
- Guess I don't understand the *boggle*. - EffinIllini June 30, 2026, 11:43:15
- I’m with you on the cosigning for an adult. I used to be with you on the “giving my kids a credit - DocWalk20 June 30, 2026, 10:40:46
- How do you expect a full time student to acquire a car? - gvibes June 30, 2026, 10:34:40
- I think there are arguments to be made on both sides. For better or worse, cars and credit are - ATL June 30, 2026, 10:30:39
- You will change your mind when your kids get older. I thought the same thing - Warrin'_Illini June 30, 2026, 10:28:43
- My kid got her own Discover card. Now she has a Chase Sapphire, as well. * - Tuscy June 30, 2026, 10:15:51
- Can they figure it out? - Chilango June 30, 2026, 10:06:14
- Even I know the answer is Discover* - Stu June 30, 2026, 9:51:03
- I don't have kids but I did get a credit card before I went to college - IlliniSax05 June 30, 2026, 9:49:22
 « Back to index | View thread » |