Some parents are authorizing a child, even toddlers, on their credit cards. Here's why.

A survey shows about one-in-four parents have authorized a child under 18 on their credit or debit card in an effort to give their young kids a head start on establishing their credit ratings. CBS News national consumer correspondent Ash-har Quraishi shows what parents need to know.

Some parents are authorizing a child, even toddlers, on their credit cards. Here's why.
A survey shows about one-in-four parents have authorized a child under 18 on their credit or debit card in an effort to give their young kids a head start on establishing their credit ratings. CBS News national consumer correspondent Ash-har Quraishi shows what parents need to know.