My Mom Trashed My Credit Score When I Was a Kid
The Ramsey Show Highlights
Ramsey Network
4.5 • 838 Ratings
🗓️ 13 May 2026
⏱️ 10 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. |
| 0:04.3 | Start budgeting for free today. |
| 0:06.7 | I am looking for the best way to consolidate my debt and to risk my credit score |
| 0:12.0 | so in the future I can buy a new vehicle and a new house. |
| 0:15.4 | Okay. |
| 0:16.4 | Now, how familiar with our show are you? |
| 0:18.7 | Are you new to us? |
| 0:21.4 | Only in the last year and looking at baby steps, I've completed a couple, but out of order. |
| 0:28.1 | Okay, tell us, give us the update. |
| 0:31.1 | So I already have over $1,000 in savings. I'm actually edging towards $10,000. |
| 0:38.4 | That's just because my dad raised me to always save money and make sure you always have |
| 0:42.3 | at least six months' worth of your bills to be covered. |
| 0:44.6 | Okay. |
| 0:45.5 | And then I also have the 15% that I put back monthly into retirement. |
| 0:52.2 | Okay. |
| 0:52.7 | Is that through a 401K? |
| 0:55.5 | 401K and an retirement. Okay. Is that through a 401k? 401k and an IRA. Okay. Anything else? That's pretty much it. And what about the debt? |
| 1:04.0 | Because you mentioned consolidating your debt? Yes. So whenever I turned 18 and I went to college, I found out that my birth mom had used my information on a house loan, a vehicle loan, and two credit cards. Oh, Lordy. So I have the two credit cards that are on my collections, which is really the main thing that has affected my credit the most. Not the mortgage? |
| 1:26.5 | No, because thankfully I found |
| 1:30.7 | out after having a conversation with my dad that my dad ended up paying for the house and |
| 1:35.8 | somehow my name was just attached to it for the first three-ish years of my life. Like I still |
| 1:42.0 | get unclaimed property tax from the sake of Louisiana for that |
... |
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