Is there some way to put a block on a credit report prior to sending a kid to college, so that the credit card hustlers can’t get to them?
No, there’s not. Unfortunately, in today’s culture that’s part of becoming an adult. When you hand them car keys there’s no way to put a block on how they drive. And when they turn 21, there’s no way to put a block on what they ingest.
About the only thing you can do is to teach your kids to the best of your ability, and be a good parent and good example. Teach them why debt is dumb, and show them how it eats away at their ability to save money and build wealth.
And for goodness sake, don’t use credit cards yourself. Kids can smell a hypocrite a mile away!
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