The article discusses a Redditor's struggles with his credit score, primarily due to his motherâs financial irresponsibility. At 25, he discovers that cosigning a car for her, meant to improve his credit, actually jeopardized it. Despite having an excellent credit score initially, his mother's actions have caused it to plummet from over 700 to 580. The story highlights the difficulties of recovering from low credit and the importance of addressing financial habits, as reflected in the author's suggestions for recovery, including selling the car to pay it off fully.
"The best-case scenario is to sell the car and pay it off completely, which will start the clock on repairing his credit."
"Making matters worse, his mom's poor behavior is now directly affecting his credit, and he's unsure how to move things in the right direction."
Collection
[
|
...
]