Credit problems

Question: I think that my daughter is in deep credit card debt. I would like to pay off some of her credit cards. Is that possible to do on my own without alerting her? Martha, Asheboro, NC

Answer: I don't think so. My answer is going to be short because the solution is for the two of you to talk. I don't know the circumstances, but it's probably much easier for me to say than for you to do. But if you want to help her out she needs to know what's going on and the two of you should come up with a plan together. Good luck.

About the author

Chris Farrell is the economics editor of Marketplace Money.

Comments

I agree to American Public Media's Terms and Conditions.
With Generous Support From...