Ilyce Glink's Blog

Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.

A Mom Shares Her Perspective

As a mom trying to teach an 18-year-old to manage his money, I think you were right on the mark with your advice to Jason.

While I do think he should register a complaint about the collection person who violated the law, there is no excuse - none - for his failing to take action on the overdue bill. Even if he had just called the credit card company immediately when he had to missed the payment, he would have done less damage.

Better to learn the lesson now than when he is a forty something with a mortgage and a family depending on him.

Labels: credit cards, credit score, creditors, debtors, WSB

posted by Melanie G. Rogers at 3:22 PM 0 comments

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