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Adding my sister as an authorized user on the Chase Sapphire Preferred helped increase her credit score by 20 points — but financial responsibility was key

sisters shopping credit card

  • I added my sister as an authorized user on my rewards credit card to earn extra points on the Chase Sapphire Preferred Card.
  • In turn, she saw her credit score go up by 20 points.
  • However, adding an authorized user — or being one — can be risky if you don’t use the credit card responsibly, so do this at your own risk.
  • personal finance coverage.

It can be hard to build credit from scratch, especially when you’re young. After my younger sister graduated from college, she had a pretty thin credit file. She had no loans under read more >>>

Source : BusinessInsider.Com





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