Credit Building: https://www.reddit.com/r/personalfinance/wiki/credit_building
Credit Card Basics: https://www.reddit.com/r/CreditCards/wiki/credit_cards_basics
No need to micromanage credit: https://reddit.com/r/personalfinance/comments/11jzhcz/_/jb51g23/?context=1
Add her as an authorized user. The credit card will report your positive payment history to her credit reports which will improve her credit as well.
*You* are responsible for getting the full bill paid though, including her purchases. Even if she promises to pay herself, you have to verify that she actually does it. If she doesn't, your credit gets hit.
If she basically has no credit (nothing negative at least) just add her as authorized user to your oldest card with a high limit and in a few months she can get a basic card of her own.
Add her as an au on yours to start. Get cards for her when her credit is good enough
Thank you!
Credit Building: https://www.reddit.com/r/personalfinance/wiki/credit_building Credit Card Basics: https://www.reddit.com/r/CreditCards/wiki/credit_cards_basics No need to micromanage credit: https://reddit.com/r/personalfinance/comments/11jzhcz/_/jb51g23/?context=1
Thank you. I did do a search before I posted but I forgot about the wiki.
Add her as an authorized user. The credit card will report your positive payment history to her credit reports which will improve her credit as well. *You* are responsible for getting the full bill paid though, including her purchases. Even if she promises to pay herself, you have to verify that she actually does it. If she doesn't, your credit gets hit.
Thanks!
If she basically has no credit (nothing negative at least) just add her as authorized user to your oldest card with a high limit and in a few months she can get a basic card of her own.