Can Adding Children to Your Credit Card Boost Their Future Credit Scores?

A Reddit user seeks advice on improving her teenagers' credit scores by considering adding them as authorized users on her credit card. This technique can potentially elevate their credit scores without requiring a credit check or making them responsible for payments. Many credit card companies will allow users to add minors as authorized users, although specific perks may impose certain limitations. Additionally, the article mentions credit cards with '0% Intro APR' periods as a method to effectively manage and reduce debt, hinting at strategic credit card use as part of financial education.

When you add your children as authorized users on your credit card accounts, they don’t have to undergo a credit check. They also don’t become responsible for making payments on your card.

Most card companies allow you to add authorized users even if they are under 18, although some cards with special perks may limit the number of authorized users.

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