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

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. Read more personal finance coverage. It can be hard to build credit from scratch, especially when you're young.

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. Read more personal finance coverage. It can be hard to build credit from scratch, especially when you're young.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are three simple ways to raise your credit score, according to a financial expertStart by automating your bill pay. Here are 3 simple ways to raise your credit score, according to a financial expert. InvestInYou (In partnership with acorns.)
Source: CNBC - 🏆 12. / 72 Read more »

Who has the best cheap car insurance in Pennsylvania?Find affordable car insurance in Pennsylvania through USAA or Erie Erie Exchange for good or better credit, and Nationwide for poor credit. There should be more rewards for complying with rules. The lack of inventive is one of the major issues.
Source: BusinessInsider - 🏆 729. / 51 Read more »