Reply
Regular Contributor
AwwwYeee
Posts: 142
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
Valued Contributor
gdale6
Posts: 9,263
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 Ses 08/14: 767 ; EX Fico 04 V2 06/14: 775; EX Fico 08 07/14 778 ; EX Fico 08 BC 07/14: 800
EQ Fico 05/14 781 ; EQ MPM 07/14: 721
TU Fico 8 07/14: 719; TU MPM 06/14 706
Moderator
09Lexie
Posts: 25,954
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
FinStar
Posts: 6,031
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
djc1puno
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]=---

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}