:dunno: I've had two credit cards since I was 15...but I'm in a different situation since I pay for everything I charge. It's mostly just for online stuff I buy and my dad got fed up with me having to use his credit card everytime i bought something.

:thumbup: to my credit rating

 

dave has a point. you are not even old enough to sign a contract. im not exactly sure who will be liable. :dunno:

how much in debt are you.

 

it also depends if the cards are in your name only or if they are in your parents names with you as a undersigner/user

 

I'm 19 and I probably wont have a credit card til I graduate from college (21).

I know I should get one and start building, but I need to learn to deal with my finances right now (which I'm dealing with and learning from) before I introduce a new element.

 

Why not claim identity theft? :dunno:

 

Using that as an excuse to abuse the credit system is pretty weak IMO.

I would tell my parents that they have two options

1. pay the charges that were for items they bought and you take care of your charges, get the account up to date and the cards will be destroyed at that point.

2. You go to the credit companies and inform them of the fraud that has been done with your parents knowledge, consent, and urging...then charges will be brought against them for such an action under the fraud act and they stand the high probabilityof facing not only the full cost of the bill but court costs and the potential of destroying their credit for life as well as fines etc. not to mention the fact that you will have to testify against them in this matter because you were coerced into such an act.

I am sure they will be resonable and just pay the bill and allow you to either destroy the cards or not ever ask to use them again

 

I'm curious...did you find out after the fact that they had done this behind your back? I mean, because when it comes right down to it, you sign the dotted line that is on the tab for whatever you are paying. Or did they forge your signature too? Because if they maxed out 5 cards, either you can get them for forging your name too, or you basically knew and didn't do anything.

 

hey if your family is in need of money, then i think its reasonable for them to use your credit card but they have to pay u back. youre now 17, if you parents used a fake id and ss to issue u a credit card. i dont think you have to pay your debt, they can only bar u from having any credit cards from them.

 

no its not reasonable. your credit is with you for life. It affects if you get a loan for a car or a house 10 years down the road. If he has to claim bankruptcy because his parents screw him over, he will have NO credit for AT LEAST 7 years.

 

I saw something like this on tv. A girl graduated college and got a copy of her credit report only to find out she was 50k in debt. She had to bite the bullet and sue her dad to make him pay back the money from the credit cards he took out in her name when she was in highschool. It's a tough decision but it was also the parents job to not use you to cover for their own mistakes. Don't let someone else mess up what's yours, man.