The latest T-Mobile account text gave some customers the impression they were hacked, but it was just a poorly worded informational message.

Adding your kid to your credit card can be a shortcut to helping them establish their own credit history, which is hugely ...

Which is probably the reason why some folks are questioning a new message being sent out by T-Mobile regarding authorized users. The news comes from The Mobile Report, shedding light on what's ...

Authorized users also earn points on their spending and even help your family members build credit, though remember that you'll ultimately be responsible for any purchases they make on the card.

The post Authorized User vs. Joint Account Holder: Understanding the Difference for Credit Cards appeared first on Clark Howard.

Liz Weston, Certified Financial Planner, is a personal finance columnist for NerdWallet. Questions may be sent to her at 3940 ...

Adding authorized users to your Platinum account can come with substantial fees. Still, it can be a cost-effective way for families and frequent travelers to maximize the card’s benefits like ...

For example, I have a 20-year-old credit account. If I add my 10-year-old son as an authorized user today, his credit file will show a 20-year credit history.

Being an authorized user on another person’s credit card can help you establish your credit history. Parents might add their children to help launch them into adulthood. Or spouses may share an ...

Let me give you an example. I have debit cards all through this company—like 60 of them—that my employees use. They are authorized users on those debit cards. It does not help their credit at all.

An authorized user builds credit when the credit account holder maintains responsible credit habits that help a credit score grow, such as making on-time payments and paying off balances in full.

If you’re concerned about how your behavior might affect your authorized user, be sure to ask what types of account activity are reported. [Read: Best No-Annual-Fee Credit Cards of 2018.] ...