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re: Adding children to a credit card account
Posted on 7/27/17 at 11:11 am to LSUSUPERSTAR
Posted on 7/27/17 at 11:11 am to LSUSUPERSTAR
I thought while Authorized users still show up on credit report, they changed the score formula so that the AU has no impact on the credit score?
My kids are still pretty young, but I don't see giving them a credit card. If they want to drive, they will get a job and pay for their own gas money. When they go to college, they will get a bank account and a job and I'll add some money to their account as well.
My kids are still pretty young, but I don't see giving them a credit card. If they want to drive, they will get a job and pay for their own gas money. When they go to college, they will get a bank account and a job and I'll add some money to their account as well.
1
Posted on 7/27/17 at 12:32 pm to LSUFanHouston
quote:
If they want to drive, they will get a job and pay for their own gas money.
I hear a lot of people say this, but I wonder what the percentage is on people that actually do it. Im not bashing you if that's what you want to do, but do you really want to still be hauling your kids around when they could drive themselves? I played fall and spring sports in high school and I know my parents had enough driving me back and forth to practice as a kid.
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