If you are between 18-21 years old, you need to prove you are able to pay your card bill through a show of income from a job, grants, and scholarships.
Most major credit card companies will allow you to add your teen as an authorized user and may impose a minimum age. Some companies do not have minimum age limits at all.
As parents you need to make sure your young child is responsible with using the card. You can set spending limits or get alerts when purchases are made.
Having a good credit score at an early age is a good strategy
Make sure your children communicate with you about their spending activity. Also, discuss the rules about not sharing their cards with others. As they go away to college, you want them to be comfortable with using their cards.
A parent’s late payment will impact not only their score but their offspring’s as well.
Not all credit card companies view the authorized user as responsible for the loan and your young user is not getting well, credit.