SHORT ANSWER: Once your child is responsible enough to understand your household rules and limits for a credit card, you should add them as an authorized user to help them build a credit history and ...

If you’re just starting to build your credit history, or if your credit scores have taken a hit because of some financial missteps, an easy way to add positive information to your credit file is by ...

“Add your child as an authorized user so you can help them establish a good credit history.” It’s common advice — and it’s not wrong. Assuming you have an excellent credit history yourself, as well as ...