<prompt> Human: I probably dont have the guts to do this, especially not knowing the legal ramifications, but Ive considered opening a CC in each of my 2 childrens names. Im in my mid 30s, have a couple rental houses, a card I pay off every month and a couple I never use that are paid off, money stuck away, own my truck fully, 401K, basicly only debt is mortgages that mostly pay for themselves. Plus I make good money at work. I know how long it has taken me to get this far starting almost 10 years ago and building credit. I also hear stories about parents messing up their kids credit by getting cards in the childs name. But by that same logic, wouldnt it be possible to help build your kids credit before they even hit 18? And if so, wouldnt the child or victim have to sue in order to get caught? I just want them to have financial freedom by my age if they so choose and think that would help quite a bit. Definitely not hurt anything, ya know, as long as I dont go to jail.  <response>: Meh, just let them get credit cards on their own when theyre 18. Less chances of royally messing that up if they get normal 500 limits as most 18 year olds do, instead of crazy high 20,000? limits because they have inflated credit scores but not the experience to know how to use it properly not get into trouble. 