Reply
Regular Contributor
Posts: 159
Registered: ‎12-09-2013
0

AU question

So I'm planning on asking my brother to add me to his CSP card as an AU mainly for AAoA purposes.  Will his UTL affect me? whether its high or low? or is it just him cause its under his name? 

FICO: 615 (1/14)
Current: 634 (3/14)
GOAL: 700+

Gardening till 7/15/14
Community Leader
Senior Contributor
Posts: 16,065
Registered: ‎12-13-2013
0

Re: AU question

His actual util will not spill over to you, what will happen is the card will report with the balance and the CL, it will affect your util as the balance and the CL will go into your calculations.

EX Cred Sesame 03/15: 774 (+8) ; EX Fico 04 V2 06/14: 775; EX Fico 08 BC 02/15: 790 (-7)
EQ Beacon 5.0 12/14 757
TU Fico 8 03/15: 757 (+3)
Moderator
Posts: 27,206
Registered: ‎09-13-2012
0

Re: AU question

The util on that card will be included in your util. If his balance is highm it will reflect on your CR's.  

If he hasn't had the cc longer than your oldest TL it will not help your AAOA 

Valued Contributor
Posts: 7,300
Registered: ‎10-21-2012
0

Re: AU question


09Lexie wrote:

The util on that card will be included in your util. If his balance is high it will reflect on your CR's.  

If he hasn't had the cc longer than your oldest TL it will not help your AAOA 


+1

 

Always consider whether this will be a good benefit in the long run, besides just the AAoA.  If his CSP is usually maxed or over 30% utilized most of the time, then something to think about.

Valued Contributor
Posts: 1,715
Registered: ‎03-07-2013
0

Re: AU question


FinStar wrote:

09Lexie wrote:

The util on that card will be included in your util. If his balance is high it will reflect on your CR's.  

If he hasn't had the cc longer than your oldest TL it will not help your AAOA 


+1

 

Always consider whether this will be a good benefit in the long run, besides just the AAoA.  If his CSP is usually maxed or over 30% utilized most of the time, then something to think about.


+2



GARDEN GOAL: MARCH 2014
LAST APP: 08/20/2013
---=[NORTHBOUND]=---
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.