Piggy Back the Kids on CC
I got a CC for my daughter a year ago. My credit cards are paid off and my FICO score is now in the high 700's. My thinking was to allow my daughter to come out of college some day with an excellent credit rating. I did not give her the actual card. My daughter can now establish her own credit rating using the piggy bank of mine.
Has anyone else done this? What do you folks think about it?
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