Should I take out a credit card for my boyfriend's debt?

Lotus-eater

No no no no no no no no

God no.

CH27

Do not do it!
Help him to work out a repayment plan & encourage him to stick to it.

claire16c

No no no no no!

Kay_Peel

Understandably, you want to wipe the slate clean so that you and your boyfriend can have the freedom to save for a house. You feel that without some intervention, or a fairy godmother, your boyfriend is never going to clear his debts and be in a position to save.

Fair enough, but why take over some of his debts on a credit card? That's the bit I can't understand.

I would have thought you would consider some alternatives first. For instance, you could 'keep' him - paying all the bills and outgoings of your household for 6 months, allowing him to increase his repayments significantly. Only you know whether you will be throwing good money after bad (and that's why you'd be wise to get something in writing about how much you've lent him.)

Good luck!

Seanymph

Oh don't do it lovely.

He may seem all wonderful, but they rarely are forever, and I have learnt (in my many years) that if you have someone like your boyfriend as soon as it's in your name and they have a bit of 'space' on a card they go and spend that too!

If you were my daughter I would be saying save your money up in an account or isa in your name. Don't hitch your wagon to him with a house unless he shows you that HE can sort out his own financial mess alone.

If he does that's lovely, you will have money in the bank to buy a house with. If he doesn't, then you know he isn't financially mature enough to buy a house, so you can either buy it alone and charge him rent - or stay renting until he matures a bit.

But don't bail him out so you can get what you want without him having to put the work in first. Because unless he puts the work in himself, he won't learn.

And he should be able to get a zero rated card himself. He needs to be sorting it, not you.

vax2002

Whats that saying ? ... One born every minute...

princessdreamer

Ask the previous girlfriend or look at how he treated her, then still say no

bobble_hat

Nooo nooo and definitely NO. Another one speaking from experience of misplaced trust in youth. Had to sell my first flat to sort it out!!

margaretclare

It's already been said, but - no, never, not in a million years, don't do it, you'd be a total and absolute idiot.....do I make myself clear?

fluffnutter

The thing is, you wouldn't actually be helping him. Not in the long run. He needs to be a grown up and sort out his own financial problems. That way he'll learn not to do it again (hopefully). Having girlfriends bail him out of his profligate spending will hardly help him to man up in future.