My 383 day old just got her first Credit Card offer!

[Sid]

Deceased Do Not Contact registry

We lost a daughter to cancer 13 yrs. ago & still get credit card applications in her name, as well as letters from colleges, the Leukemia Foundation ect. If you figure out how to stop this S### please let me know. Jack

The Direct Marketing Association has a Deceased Do Not Contact registration procedure here:

https://www.ims-dm.com/cgi/ddnc.php

I used it to stop mail solicitation for my parents and an uncle that came to my address after I was executor for their estates.

They also have a registry in which you can record your mail preferences for what you want and don't want in the mail.

Sid

[dkerfoot]

Agreed, I have been looking to do this with my little ones as well. Credit and credit score is the current "mark of the beast" and you really can't do anything in this world without it. Why not give them a fighting chance? What a great start for any kid to have a 700+ credit score coming out of college!

A great idea - UNTIL you lose your job and have unforeseen medical issues and get behind on your own and your kid's payments. Don't do it.

Besides, a FICO score is not nearly as important as they make it seem. You want to help your kid out, start putting money aside for them. A 24 year old buying a house with no credit record at all, but a 20% down payment will not have a problem finding a lender.

Better yet, teach them to save and not buy anything until they have the money - a lesson this country seems to need to learn over and over and over... To quote Dave Ramsey - "Debt is dumb."


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[BigguyZ]

You know, I was thinking about this. Why don't you follow suite with the times/ government and just use the card to run up a huge debt that your kid will eventually have to pay off?

If it's good enough for Washington.....