8+ Easy How Old Do You Have To Be To Build Credit

The Age When You Can Finally Apply For A Credit Card Is 18 Years Old.

And if you’re under 21, there might be some extra requirements to get your own credit card. If you’re wondering how to build credit at 18, you can get a credit builder loan, a student loan, student credit cards, a secured credit card, or a credit card for people with no credit history. Some card issuers allow parents to add minors as young as 13 as authorized users on their accounts.

This Is The Bare Minimum Level.

A retail credit card is another solo credit card option that your teenager can explore to start building credit. Keep tabs on your credit report and score. Bank (16 years old), do.

Credit Builder Loans Are Usually For A Small Sum Of Money ($1,000 And Under).

If you are wondering how to establish credit at 18, you have come to the right place. You can't get your own credit card if you're under the age of 18. Self is a great example of a credit builder loan.

But You Can Become An Authorized User (More On That Below).

When adding a minor or child as an authorized user on a credit card, make sure to set boundaries and restrictions on spending or use. You may also need to have a good credit score in order to qualify for the best credit cards. Secured credit cards are a great way to build credit if you have none.

You Can Get A Credit Card At 14 As An Authorized User, But You Have To Be At Least 18 Years Old To Open A Credit Card Account In Your Own Name.

The trick is to become an authorized user on someone else’s card. You can’t get a card in your own name until you’re 18, but there are ways you can start building your credit even before that age. But otherwise, unless you are legally emancipated, you probably can't open a credit card at age 17 with a credit card issuer.