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[quote=Anonymous]Our daughter is 18 and heading off to college in fall. She has been trying to open a bank account as she is 18. She has been unable to using her passport or her driver license. She has been told they are unable to validate her information. So what to do.
She has a teen moneygo account with Capital one and they won't let her validate that account into a checking account. She can close that account but they wont let her validate it. She needs a direct deposit account to put her paycheck into.

She also wants to start establishing credit to use a credit card. My credit Union will let her establish an account off my account and money can be transferred using her saving account that is joint owned by me and her. I can have her apply for a credit card with a low limit that is secured by money that I loan to them.

Also, she has been an authorized user on my credit card for 5 years. She goes pig wild....I am taking that away for her going to college. She can blow 1k easy on eating out while she lives at home. I can only imagine non supervised. Do people use a prepaid Navy Go card with a preset balance?

She will have a car on campus so I want her to have an authorized user card for emergencies, but not spending.

What do you folks do?[/quote]

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