Authorized users can hurt your credit score if they don’t treat your credit with respect. Create strict guidelines on card ...

SALT LAKE CITY — It's a common credit building strategy — becoming an authorized user on someone else's credit card. Whether it's a parent, a spouse or that one ultra-financially responsible friend in ...

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 ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

First off, proud of you for taking that first step to improving your credit! Second, there's nothing to worry about. When you're added as an authorized user to someone else's credit card, you reap all ...

As parents, we want the best for our children: health, happiness — and hardy credit. Having a strong credit profile can determine whether your kid gets approved for a loan or how much they’ll pay for ...

Giving a toddler a credit card may sound wild, but it’s actually a smart financial move for my entire family. Money; Getty Images A healthy credit profile and a good credit score are the financial ...

Being an authorized user on another person’s credit card can help you establish your credit history. Parents might add their children to help launch them into adulthood. Or spouses may share an ...

The primary cardholder will be responsible for the charges made on an account that has an authorized user. Whether or not being an authorized user affects your credit (and how it affects it) depends ...