How do I check or help establish a credit report for my 16 year old daughter?


My daughter is turning 17 in May and she has been interested in building a good credit file. She already has a checking account with my wife's cosign and a debit card. How can I help her establish a credit report and how can we check her credit report? I have tried it online at experian and transunion and equifax, but it says you have to be 18 or older to do it. it is recommended to check your child's credit report to verify there isn't any identity problems. but how can I do that if you have to be 18 or older to check it out? please help me, she is very responsible and is a total adult. she actually tries to help me with my finances! how can i help her with her credit? she has tried to apply for build-credit credit cards, but again you have to be 18 or older. HELP!

Well, you could check with your credit card company and see if she can be added as an authorized user on the credit card. but since she's not quite 18, I'm not sure that will work. Besides emancipation, (which I seriously doubt that you'll want to do) You're going to have to tough it out . But another thing is to check to see if secured credit cards are offered where your daughter does her banking. If she's still not able to do that, I would suggest saving up so that when she does turn 18, she can put a sizable deposit down to secure a line of credit. And if she's responsible like you're saying she'll have an unsecured card in no time!