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Most parents don’t expect their child to have a credit score at all, let alone one that’s wrong. But in today’s world of digital records and data leaks, errors tied to your child’s credit profile are more common than you might think. Whether due to identity theft, misreported data, or faulty algorithms, a miscalculated credit score can affect your child’s financial future before they ever apply for a loan. That’s why it’s critical to know how your child’s credit score can be built incorrectly and what you can do to prevent long-term damage. Here are seven surprising ways your child’s credit score might be miscalculated—and how to catch the problem early.
