Benjamin Carr, Ph.D. 👨🏻‍💻🧬Parents Gaming #Kids’ #CreditScores
Credit scores are meant to be neutral measures of someone’s financial reliability, but in practice, they’re an easy way for some better-off families to give children an early financial advantage. Services promise to help parents ensure kids enter adulthood with good scores. When parents add children as “authorized user” on their #creditcard, makes parents spending and payment habits a part of her credit history.
https://www.theatlantic.com/family/archive/2025/01/credit-score-authorized-usership-parenting/681255/
https://archive.ph/GFA4T
Credit scores are meant to be neutral measures of someone’s financial reliability, but in practice, they’re an easy way for some better-off families to give children an early financial advantage. Services promise to help parents ensure kids enter adulthood with good scores. When parents add children as “authorized user” on their #creditcard, makes parents spending and payment habits a part of her credit history.
https://www.theatlantic.com/family/archive/2025/01/credit-score-authorized-usership-parenting/681255/
https://archive.ph/GFA4T
