SMARTFINANCESOLUTIONS.NET - I yelled at my dad for making my mom joined credit card with his brother. Was I wrong?

2013-11-24 18

Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - I yelled at my dad for making my mom joined credit card with his brother. Was I wrong? - My uncle owes my grandfather money and he needs to pay them. The problem is he went into bankruptcy a few years ago and most likely he will not get approve for a loan. My stupid father went on and insist that my mom apply for a credit card or a loan under her name and my uncle will just pay it when the bill comes. The thing is, we are poor. My parent only have 1 credit card and they owe so much money already and are paying only a fraction of the amount. I checked into the hospital a few months ago and now we got our bill and it's $2300. We are just renting a small 2 bed 1 bath apartment for 4 adults. My point is, in the future I want to buy a place and I need my parents credit to be good. What if my mom gets denied from this loan, doesn't her credit go down and affect us in the future. We scolded our dad for insisting for him to use my mom's name and SS number to apply. We told him they are cancelling it but we asked for the application because my mom's SS number is there and if he just throws it away without making sure he shred the SS number properly, then identity theft will most likely happen. He got offended that we asked for the application to be given back to us for us to shred it properly. Was me and my sister wrong? Would loan money for your brother in law when your credit score is not that good and you your self are struggling with finance? Wasn't my dad stupid? -