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At what age should my kids start building their credit?

And what is the best way to do that? Should I get them their own credit card? Add them as a user to mine?

Jan 24, 2012 by John from Michigan City, IN
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You are on to the right track. I was able to secure a junior credit card at just age 17 with my father as a cosigner. My credit quickly escalated over the following 2 years to the point where I was receiving multiple credit offers. Get them a card in their name, with you as a cosigner, and monitor the activity (at least initially). Once they build sufficient credit, they can get their own card.

Comment   |   Share This Answer   |  Report   |  Jan 26, 2012 from Orland Park, IL

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