Sunday, September 23, 2018

How To Build Good Credit As A Teenager

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It is important that you set a good financial foundation for your child. Here are tips on how to help your teenager build a good credit score..Here s how to help your teen get started. Encourage your teenager to get a job. Open checking and savings accounts. Consider putting one of your household bills in your teen s name and have him or her pay the bill. Obtain a secured credit card..It takes credit to build credit, and with no substantial credit history, Here are a five ways high school students can start building good credit .If you want to make sure your teen gets a good start financially, here are five moves you can help her take to start building credit . Make sure your teen s credit is his own. . Make your teenager an authorized user on your credit card. Have your teenager pay for his own utilities..Ways students can build good credit. Become an authorized user on your parents account. Open up your own credit card. Get the right credit card for you. Use the credit card for occasional, small purchases. Avoid big ticket buys, except in case of emergency. Pay off your balance each month. Pay all your other bills .

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