SoulAssassin
Diamond Member
- Feb 1, 2001
- 6,135
- 2
- 0
It's obvious the OP has no clue whatsoever how credit works. Advice to use a credit card for day-to-day purchases and pay it off every month will probably turn into a disaster. OP should have the loan had the loan for his car cosigned by him and his Dad when they first got it. He should see if he can refinance in both of their names IF, and only if, he can keep the rate the same or lower, it doesn't significantly extend the length of the loan (ie he had a 36 month loan 11 months ago and gets another 36 month loan) although that can be compensated for by keeping up the same monthly payment no matter what the minimum is. Get a credit card and stick it in a drawer for emergencies only until you understand how it works.
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