Help Your College-Age Child Build Credit With a Low-Limit Card
It's important to build solid credit because your life can be difficult without it. To help your adult child establish credit, have them sign up for a low-limit credit card.
Forbes offers a few different tips for helping college students build credit, and here's one they suggest:
Have your child open a credit card-but have the bill sent to your house....You can help them by monitoring their credit card usage. Start with a low-limit card that can also earn them reward points and be sure to pay it off in full to avoid those high interest charges.
other options to build credit from nothing, too
For more detail, head to their full post at the link below.
Photo by CUNY Academic Commons