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re: Adding children to a credit card account
Posted on 7/26/17 at 8:27 pm to BayouNation
Posted on 7/26/17 at 8:27 pm to BayouNation
Didn't they change the rules on an authorized user? They can be on the account but don't get the credit score bump?
2
Posted on 7/27/17 at 12:22 am to LSUSUPERSTAR
I wouldn't do it...
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.
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