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 ...

Authorized users can hurt your credit score if they don’t treat your credit with respect. Create strict guidelines on card usage before offering to make someone an authorized user. Check your ...

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 ...

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 ...

Adding or removing an authorized user from a credit card account usually only takes a quick phone call or online login, but it might be a good idea to let authorized users know before removing them.

The primary cardholder will be responsible for the charges made on an account that has an authorized user. Whether or not ...

We’ve got bad news for those with the Capital One Venture X Rewards Credit Card and the Capital One Venture X Business Card.

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 ...