“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 ...

There are many advantages to adding an authorized user to a credit card account. For one, it can help the primary cardholder hit certain spending requirements and earn rewards much faster. In turn, ...

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 ...