Quote:
Originally Posted by Fayebelle
Quote:
Originally Posted by Merika
Going back to the original post though.....
I DO believe if a guy pays his child support...it should go on his credit report. Then, if he's trying to get a loan or fianace a car, people would see he's a responsible guy.
If he DOES NOT pay his child support....it should keep him from being able to get credit....and in some cases...not be able get a job.
There needs to be a public record showing those who pay and those who don't. The Credit Burea is a great one.
|
I suppose the "problem" here would be the fathers that DO pay.
1st- my son's father sends $ on his own. We have no court agreement- he just *gasp* PAYS TO SUPPORT HIS CHILD!  He would not benefit from this system.
2nd- there should be a positive reflection on credit scores for guys that DO pay (if there is a negative for non payment) - the mothers (or other primary caregivers) would receive no such benefit. |
This is very noble, but he actually could pay more. Instead he is maximizing the payment he makes to the Feds.
Since his child support payments aren't documented, then they're deductability does not reduce his federal (and state?) income tax. He could make his current payments PLUS the tax savings.
Mo Money Fo Squishmister.
