does anything under your name
which you have paid
or havent paid
affect your credit in the future
2006-06-24 11:31:52 · 8 answers · asked by ♥ Stephanie Louise♥ 4 in Business & Finance ➔ Credit
It depends on the state you live in. If you are employeed and you pay taxes, yes you can be held liable for debts you owe and yes it can have a negative impact when you try to get approval for a loan. If you are a co-signer on a document, and the primary signer negelects to pay the debt you can be held liable. Again, depending on the state you live in, if you fail to pay your bebt, it can cause serious problems for you in the long run. Seek out credit information based on the state you live in.
2006-06-24 11:41:17 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I got my first credit card at 16. It was through my employer so it was legit- and a big mistake! Most won't give you until you are 18. No matter what your age - if you get a credit card (or cell phone or other type of billing account) and you do not pay it WILL impact your credit in the future. It will make it hard to rent an apartment or buy or car or get a loan. If you get an account and don't pay and it gets sent to a collection agency - the collection agency can pull your credit report. There will then be a note on your credit report that you have been involved with a collection agency and it does not look good. It can stay on your credit history for years. Be careful! You don't want something you did at 17 to still be impacting you when you are 24 and at a very different stage of your life.
2006-06-24 12:14:28 · answer #2 · answered by jaybird 4 · 0⤊ 0⤋
If you have every had a credit card or anything on credit then it will affect your credit. Best way to find out is get a copy of your credit report. You can a FREE one each year, so don't pay for one.
2006-06-24 11:37:22 · answer #3 · answered by pappa_15 3 · 0⤊ 0⤋
My husband got our step-daughter a platinum credit card and she is 15... she got it at the age of 13 I believe. Either way a card at that age is a very bad idea. I would assume it would affect your credit as a teen the same way as it would to an adult.
2006-06-24 14:30:24 · answer #4 · answered by Anonymous · 0⤊ 0⤋
No you have to be 18
2006-06-24 11:34:57 · answer #5 · answered by Ben 3 · 0⤊ 0⤋
Hi,
You can't get credit at 17...
Sorry but have to be 18/adult
Cheers!!
2006-06-24 11:34:18 · answer #6 · answered by East Bay Punk 4 · 0⤊ 0⤋
Don't think you can.
And if you got a credit card at 13, nnash....sounds like fraud to me. Like the company would send a legit card to a 13 year old.
2006-06-24 11:36:47 · answer #7 · answered by ProfessorFarnsworth 4 · 0⤊ 0⤋
i got my first credit card when i was 13 they sent it to me, and i used it- but paid off the balance whenever i did!!!
2006-06-24 11:35:28 · answer #8 · answered by nawnndawn 4 · 0⤊ 0⤋