I have been doing a lot of thinking these last couple days. Boyfriend doesn't have credit. I didn't have credit. My mom had to cosign my car for me to have credit. Boyfriend knows he needs credit for a lot of things and that it wouldn't go like he planned. So I have decided to cosign a credit card with him.
I've been very hesitant to do that for many reasons;
1) I'm worried about my credit and how he will affect it.
2) I worry about him forgetting a payment and I have to pay money out of my pocket to bail him out.
3) I don't know if my credit is enough. I'm sitting at a 679 credit score. Not horrible, but it's a C+ in credit-land.
But I justified it like this. Once he and I move in together, after we get engaged, his money and my money will become our money. Once we get married, his credit and my credit will become our credit. So really, since we are still in love and still wanting to get married and be with each other forever, it's just a little jump start on the finances. So, though it will be his credit card (whichever he gets, the ring card or a regular card), it will be our credit.
I'm a little weirder about merging with him than I thought I would be. I missed him so much last night and the night before because we had been sleeping next to each other the past 4 nights. So it's not the physical part, it's the financial part. I'm weird about money and I think I inherited that from my mom.
But hey, it's [usually] better to be safe than sorry. And if this card helps him propose faster, you know I'm all about it! ;)
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