Will making my 16-year-old daughter an authorized user on my credit card build her credit history? – V. Parikh
Yes. Using such a "credit card with training wheels," says credit expert John Ulzheimer, is the best and most common way for a young person to build credit. The big three reporting agencies will start a file on her — either right away or when she turns 17 (policies vary). FICO, the leading MOREJan 26, 2013 6:30 AM ET
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