Tag: sons

Should I co-sign a credit card to repair my son’s awful Credit?

Dear Penny,

My son has bad credit because he fell behind on bills after losing his job. He had two accounts closed but paid off the balances. Now he can’t get accepted for any sort of credit.

He’s 26 now and is working again while living at home with me. But since he doesn’t have credit, I’m worried that he’ll never be able to get established on his own.

I’m thinking of offering to co-sign a credit card for him so that he can rebuild his credit. What do you think, Penny? Is this a good idea?

-Meddling Mom?

Dear M.,

I suppose that somewhere out there, someone has co-signed and doesn’t regret it. But they’ve never written to me.

Instead, I hear from people like the woman whose credit score fell 100 points after she co-signed a friend’s car loan and the car was repossessed, or the mother who

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Mum’s battle to stop video game obsessed sons spending all their time inside sparked a business idea

A mum-of-three’s battle to stop her video game obsessed sons spending all their time cooped up indoors with their consoles sparked an ingenious business idea – and led to her selling her home to create a massive outdoor gaming centre.

Jacquie Rumble was increasingly irked by the hours her three boys, Joe, 18, Danny, 16, and Max, nine, spent online playing shooting games.

So the 47-year-old and her husband Billy, 50, sold their four bedroom home to fund a woodland centre – where players become the stars of their own real life video games and Bluetooth headbands tell them when they have been ‘hit’ by weapons.

Jacquie said: “As parents, we’ve always been advocates for getting our boys outside – and they’re all very sporty – but as they got older that became harder to do.

“They became obsessed with video games. They would come in from school, shove on

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