Thursday, May 29, 2014
I'm sorry, but the guy in this Experian Ad still has plenty to worry about
So this guy cosigned his daughter's application to get a credit card. He "thought that was the end of the conversation"- probably because he thought he had raised his daughter to be a sensible, level-headed human being and not an irresponsible jackass with Daddy's Credit Rating.
Then he found out that his daughter was using the card to buy friends and rake up a big bill in a dozen other ways. He found this out through a "Satellite Service" (I don't know what this is. Nor do I want to.) Not from his daughter. In fact, there's no indication that he even once called her to ask for a heart-to-heart on the subject of fiscal responsibility or common decency for that matter.
When he found out that daughter wasn't paying the bills on the credit card (leaving him, as the co-signer, responsible,) he still "wasn't worried" about his credit score. He's got Experian which I guess protects his reputation as-- well, as someone who cosigns an irresponsible little twit's credit card application, and then does nothing about it when she runs up a big bill and doesn't make payments on it. He can "relax" by a big, crystal-clear swimming pool knowing that his credit rating is safe. Apparently the big bill doesn't bother him in the slightest, because we STILL don't see him attempting any contact with his daughter. We don't even see him cancelling the card. It's No Worries for Daddy because Daddy's only concern is his credit score.
Which makes me think that the apple doesn't fall far from the tree. Maybe Daughter isn't worried about money because Daddy has never taught her anything about spending and paying bills. He sure doesn't seem interested in teaching any lessons here. Hey, at least the Dad in the FreeCreditReport.com ad took back the credit card when his daughter bought "about fifty pounds of makeup from the makeup store and a party for the entire dorm floor." This guy is just going to lay by the pool. Jeesh.