Under 18 credit score

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I'm under 18. Can I get a credit card?

The legal age in the United States to obtain your own credit card is 18 years. Fortunately, there are other options available to you.

First, you can obtain a prepaid debit card which you charge up by sending money to the card issuer, and then use that card as you would a regular card, everywhere Visa or Mastercard is accepted. From the merchant's point of view there is virtually no difference between a prepaid card and a credit card.

Many prepaid card issuers, however, offer their cards only to individuals over the age of 18. In this case, parents or a legal guardian can apply for the card under their name but allow you to keep and maintain the card using the PIN. This option is perfectly legal and gives you the opportunity to safely use your own money in the form of a card. Check out the prepaid card offers we recommend on Creditnet.com.

As an alternative you can obtain an actual credit card through your parents or legal guardian. They can submit to their credit card issuer a request to add you to their account, which would result in a credit card being issued to you. They become, in effect, your co-signer. As such they are ultimately responsible for your account. If you abuse the card or default on your payments, you will have to endure the wrath of your co-signer. To view credit card offers, including student credit cards and reward credit cards, just click on the credit cards tab in the main navigation bar above.

Card options for those under 18

Under 18? Sorry, no credit card for you -- at least not on your own. Laws generally forbid those under 18 from entering into contracts, and that includes applying for an individual credit card. But there are still options for younger people who want to enjoy the convenience of plastic before they turn 18.

Young consumers can be added to an adult's credit card account as an authorized user. For an existing credit card account, the adult will need to contact the issuer and request to have an authorized user added. Alternately, young consumers may be able to get someone older to co-sign a credit card application for them.

The danger in both cases is that they could hurt the credit of someone who did them a favor if any delinquencies occur. Additionally, any financial missteps by the authorized credit card user could harm the young person's credit score. So they need to be careful.

Meanwhile, some prepaid cards may allow individuals who are under 18 to apply with certain provisions. Applicants who are between 13 and 16 years of age will need parental consent to apply. They're not credit cards -- they can be prepaid debit cards, or cards tied to a checking account.

Consumers should read the "terms and conditions" for various prepaid cards to see if they extend the opportunity to apply to those younger than 18.

If age 18 is just around the corner, consumers may want to wait and apply for a student credit card. Such a card will help them build a solid credit history through conscientious use and prompt payment of their bills.

Credit score for someone under 18.

As far as the library, legally you are responsible for that account, since most libraries require a parent to be present and sign for the library card account.

For the medical bill, legally she isn't obligated to pay it; however they will continue to send her bills. The best thing she could do is dispute it with the collection agency and obtain a copy of her credit report from Equifax, Trans Union, and Experian and dispute it with them.

I know that my daughter can not get her credit report because she is under 18 but can someone put things on her credit report is she is under 18.

Update: J.H. I tryed to calling the credit reporting companys but they will not talk to me because my daughter is under 18. So I do not even know if she has anything on her credit report.

Update 2: THE DOCTOR BILLS ARE FOR HER SON. SHE IS 17 AND ALL THESE BILLS ARE IN HER NAME.

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0 People Helped

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5 People Helped

First off let me say that it is illegal in most states to do formal business with a minor. There for a credit is not needed.

Secondly, your credit or SSN can be compromised. However, don't fret. When you turn 18 the debt that could show up is not going to hurt you. You can prove your age by birth certificate.

So when you turn 18 check it out. If you have some, dispute them without hesitation. Nicely state that you just turned 18. It will be gone. If someone used your number in a fraud case. The company may go after them for payment. Not you.

Lastly, apply to capital one for a credit card for bad credit. This is because you have none. You will need starter money. So save up. What you put into it is what you will be borrowing against. When you get the credit amount, spend and repay only half of it. Do NOT MAX it out. That hurts you not helps you. Pay it up before it becomes due. Do not pay a minimum. Pay it up. Spend it on things you would normally spend money on. Such as gas or food.

If you do this you will see a major spike in your credit score. Need to view the card as your first and for most priority. Never be late never not pay. If times get tough and you have to make a minimum payment its ok. Catch up asap. If you miss that payment it will double. Your safety net will not be there. One missed payment can cause you score to drop significantly it will take longer to build back up.

Good credit can get you into good schools, good jobs, and good housing.



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