appobene Posted June 12, 2007 Report Share Posted June 12, 2007 Hi guys..I hope i m in the right section..I have an excellent credit now..I 'd like to start building my childrens credit now..they are at age of 3-5. Whats the best way of doing that? thanks indeed.. Link to comment Share on other sites More sharing options...
someonesomewhere Posted June 20, 2007 Report Share Posted June 20, 2007 Thru September, you can add them as AUs to your CCs. But that will end with one of the CRAs in September. The other two end it early next year. Link to comment Share on other sites More sharing options...
razr Posted June 20, 2007 Report Share Posted June 20, 2007 Kids planning to buy a house soon?-r Link to comment Share on other sites More sharing options...
jq26 Posted June 20, 2007 Report Share Posted June 20, 2007 Hi guys..I hope i m in the right section..I have an excellent credit now..I 'd like to start building my childrens credit now..they are at age of 3-5.Whats the best way of doing that?thanks indeed..Great idea, but you're jumping the gun a bit. And the previous poster is correct. There is little you can do anyway after they change the AU policy in September. What you can do is teach them about money and importance of credit. Link to comment Share on other sites More sharing options...
HOOT Posted June 20, 2007 Report Share Posted June 20, 2007 Hi All! What exactly is the AU policy, have not heard and which CRA starts in September? Link to comment Share on other sites More sharing options...
JustaTexan Posted June 20, 2007 Report Share Posted June 20, 2007 I didn't know that people under 18 even had credit reports.....I have a 2 month old and a 3 year old. Is this a common thing? Link to comment Share on other sites More sharing options...
someonesomewhere Posted June 21, 2007 Report Share Posted June 21, 2007 What exactly is the AU policy, have not heard and which CRA starts in September?Nope. All reports and press releases say one, but not which one. Over on MyFico forums, even the moderator (who's an FI employee) hasn't been able to find out. Link to comment Share on other sites More sharing options...
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