FreeKick builds credit by creating a credit profile for your child and adding a primary credit account that lenders look for when making credit decisions. 

FreeKick has NO impact on a parent’s credit score, and you don’t need good credit to build credit for your child with FreeKick 

FreeKick allows you to establish and build credit for teens and young adults aged 13 to 25. 

Being an Authorized User gives a child a false positive:
a credit score without credit history

It’s a common misconception that being an Authorized User (AU) builds credit history, it doesn’t.

In addition to not building credit history, many banks and lenders simply ignore AU accounts when making credit decisions.  

Here’s what Fannie Mae (the largest mortgage purchaser in the nation) has to say about AU accounts: 

An authorized user tradeline may (only) be considered if: 

…the borrower can provide written documentation (e.g., canceled checks, payment receipts, etc.) that they have been the actual and sole payer of the monthly payment on the account for at least 12 months preceding the date of the application. 

FreeKick vs Authorized User

Child establishes independent credit profile and history

Child’s credit profile and history remain permanently, even after account is closed

FreeKick account has NO IMPACT on parent’s credit score or profile

Builds credit by teaching responsible savings habits

Parent does not need good credit to build credit for their child

Creates a permanent primary credit account tradeline for the child

Child does not establish independent credit history

ALL credit history is permanently deleted when child is removed as an AU

Child’s spending behavior impacts parent’s credit score

Builds credit by spending/borrowing

Parent must have good credit card payment history

Many lenders ignore authorized user accounts

A late payment on the credit card will harm the child’s credit

Parent is liable for child’s spending using card – whether approved by parent or not