Warning: ob_start(): non-static method sem_seo::ob_google_filter() should not be called statically in /home/creditrepairzoom/public_html/wp-content/plugins/sem-seo/sem-seo.php on line 540
Credit Repair

3 Ways To Help Your Child Improve Their Credit Score

Your child’s credit score will not take care of itself. It is like everything that your child learns, it begins with you. Here are three ways that you can help each of your children get a jump start on good credit.

  1. Teach money management skills. Start with a checking account and a debit card. Knowing how to balance what is coming in against expenditures is a skill many lack even late in life.
  2. Add your child as an authorized user on one of your credit card accounts. This gives them the benefit of your good credit habits.
  3. Help your child apply for a student credit card or another credit card designed for low credit scores. Many issuers offer these cards, but you will have to do some research.

Teaching your children good money management skills is just as important as any other lesson that you may teach them. Unfortunately, money is often a taboo topic. Try to overcome your own shyness about the subject and help your children be more prepared for adult life and less likely to need to enlist the help of a credit repair company by the time they’re out of college.

Filed under Tips by on #