Adding an authorized user can be an effective strategy, but it helps first to know how issuers and credit bureaus handle this information. Many or all of the products on this page are from partners ...
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 ...
As you teach your kids about money, one important concept is how to use credit responsibly. Adding your children as authorized users on your credit card is one way to teach sound credit management ...
Adding an authorized user to your credit card has benefits, including earning rewards from authorized user spending. But it can lead to confusion about whom those rewards belong to. Though credit card ...
Q: My 23-year-old son is car shopping and when they pulled his credit report it showed he had a charge-off for a gas credit card in 2010 as an authorized user. My son acquired his first credit card in ...
This page was originally published in early 2023 and still contains relevant interview quotes from that time. The rest of the article has since been updated. Making your child an authorized user on ...