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Reply to "Adding 18 year old as authorized user on credit card - yay or nay- for building their credit score"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I posted on a different thread. [b]I added my son as an authorized user on my card when he was 16 or 17. He’s 18 now[/b] with a credit score just under 800. The only ding on his score is the length of credit history. My older son got the best rate available for a car loan when he was 21 or so. [/quote] This - our bank told us as a joint person on our card, he gets credit for all the usage and on-time paid bills[/quote] We did this as well. But now that he's going to college, should we take him off? His credit score is 730. He got his own card too recently, but the credit limit is only $1500......[/quote]
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