No. of Recommendations: 4
You can add a child to your credit card account as soon as they're born. I have heard it does help them (as long as the parents have good credit too), where once they're 18 they'll have an 18 year credit history as opposed to just starting out.

I'm guessing that it is only a matter of time before the statisticians quash this after identifying these history building years. This is basically gaming the system and it takes all of two seconds to back out anything before a person turned eighteen. I think someone would have a tough sell in trying to convince anyone that an 18 year old with 18 years of credit history has the same credit risk as a 36 year old with 18 years of credit history.

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