Sentences with phrase «children as authorized users on their accounts»

Parents with poor credit history should think twice before adding children as authorized users on their accounts — not for the sake of themselves but for the sake of their children.

Not exact matches

The pros: Adding your child on your credit card account as an authorized user is the option preferred by NFCC's Cunningham.

Many parents will add a child as an authorized user on a credit account, ensuring they have access to money in case of emergency or to help them start building a responsible relationship with credit.

Short of that, you'll either have to co-sign for your child or list her as an authorized user on your account, according to The Discover Card.

I wouldn't go as far as adding your child as an authorized user on your credit card account.