How to help your child build credit
By: Jacqueline DeMarco | Source: creditcards.com
Howard Dvorkin, CPA and chairman of Debt.com and author of “Power Up: Taking Charge of Your Financial Destiny,” compared building credit with voting. “You need to be 18, but you can start preparing years before,” Dvorkin noted. “You can learn how things work so you can make informed decisions when the time comes. Since the minimum age for a credit card is 18, parents should use the years before that to teach their children how to be financially responsible adults.”

