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katwoman926

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What is the best way to start establishing credit for my 15 yr old son?

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Let him learn good financial skills until the time he is legally eligible to enter into credit contracts which means he is an adult of 18.  Minors may not have credit cards or take out loans.  Have him learn how to save some money from his allowance or work he might do and  to save for something he really wants.  He can read the articles on this site for good understanding of how credit works and may be in a far better position when he reaches adulthood, than the majority of his peers (and possibly even their parents).

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