I stand corrected, freeze and build.I thought you meant to freeze your credit ca

Sep 11, 2024
2:49:38pm

CarolinaCoug Truly Addicted User

Or your kids ability to land not. Freeze their credit as far as acquiring new credit and credit inquiries that would be as posted by others, a good idea and continue to build credit

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CarolinaCoug

Bio page: CarolinaCoug
Joined: Dec 9, 2002
Last login: Sep 19, 2024
Total posts: 61,383 (3,204 FO)

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Messages

Author

Time

Freeze your missionary's credit while they are out. Yes or no?

UNLVcougar

Sep 11, 2:25pm

No. They can effectively BUILD credit while on their mission.

jdub

Sep 11, 2:26pm

That’s not how it works. Freeze away.

IGlowInTheDark

Sep 11, 2:31pm

I don't think so but pls make your case.

BleedCougarBlue2

Sep 11, 2:32pm

I made a case for this below. See my post.

BYU-Ite

Sep 11, 2:33pm

You can freeze it from inquiries, but still build credit.

RockyBalboa

Sep 11, 2:34pm

Okay, then, that's a good thing. So do both in I correct my stance

CarolinaCoug

Sep 11, 2:48pm

I think that's a great idea.

BlueFever

Sep 11, 2:37pm

This is incorrect - everybody should freeze unless they're actively applying for

molodyets

Sep 11, 2:44pm

You're not wrong, but neither is he. You CAN build credit while on the mission,

BYU-Ite

Sep 11, 2:47pm

Ok, but the caveat is you're using a financial tool outside of the missionary

BleedCougarBlue2

Sep 11, 4:59pm

opposite. build it for them.

reagan21

Sep 11, 2:27pm

You can freeze it and still be building credit. Freeze doesn't mean you can't

byubyu

Sep 11, 2:29pm

I get them a credit card before they go with a modest limit and have them use it

BYU-Ite

Sep 11, 2:30pm

No.build it acfively while out!

CarolinaCoug

Sep 11, 2:31pm

I stand corrected, freeze and build.I thought you meant to freeze your credit ca

CarolinaCoug

Sep 11, 2:49pm

Yes. Frankly freeze your own if you’re not applying for anything new soon.

IGlowInTheDark

Sep 11, 2:32pm

This. There's no reason to leave yourself open to fraudulent loan applications when it's so simple to deny those.

dilbert

Sep 11, 3:12pm

My son has a credit card out there. We just pay the balance when needed

Jericho

Sep 11, 2:43pm

^ this is the answer. Freeze the credit, but make sure they go out with a card.

TheLost

Sep 11, 2:48pm

With the recent Social Security Number breach I would not only freeze his but everyone in your families too.

JayOwen

Sep 11, 2:45pm

Why credit isn't frozen by default baffles me.

TheLost

Sep 11, 2:48pm

My dad added me to his credit card to help me build credit and in return

DKN

Sep 11, 2:48pm

RE: My dad added me to his credit card to help me build credit and in return

Doogal McCougar

Sep 11, 4:00pm

We got my son a discover student CC, started with no credit. Just put my

Fly'n Cougar

Sep 11, 3:00pm

There’s really no reason for anyone’s credit to not be frozen ever unless you

Warner

Sep 11, 3:07pm

^^ THIS! Every teen and up should have their credit frozen. It's no longer a matter of if your data is stolen. It is!

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