Young adults are at a significant disadvantage if
they start using credit without a basic understanding of managing
credit and the importance of credit history and credit scores. learning
the basics of how it affects them. The best way to understand credit
is to use it!
An SCCU Student Credit Builder Card can put teens
on the road to a more sound financial future. At age 15, eligible
members can apply for this special credit card with a joint account
holder who is a parent or legal guardian.
Your primary Share Savings Account will be used to
secure the limit on your card, so you'll need to have an amount
on deposit that at least matches this limit. It's sensible to start
with a low line of credit, like $300, then increase as you get older
and your needs change.
