Barefootwoman
Level 2 Member
A few years ago, my daughter dropped out of college because she wanted to take a job instead. As predicted, she soon learned it was far more slogging than she counted on - so now she is back at school, finishing her degree program.
I've recently learned she has a weak credit score because she was late with a couple payments and spent near to the max of her credit line.
She is now working to pay down the principal, mostly through cutting spending and applying more income toward paying it down. I want to help, but not enable.
I've been fortunate to never have weak credit, so I don't know of other methods than accelerating payment, to boost her score.
Suggestions appreciated - any other tips I can pass on to her? thank you.
I've recently learned she has a weak credit score because she was late with a couple payments and spent near to the max of her credit line.
She is now working to pay down the principal, mostly through cutting spending and applying more income toward paying it down. I want to help, but not enable.
I've been fortunate to never have weak credit, so I don't know of other methods than accelerating payment, to boost her score.
Suggestions appreciated - any other tips I can pass on to her? thank you.