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Established Member
Posts: 61
Registered: ‎07-21-2012
0

AoA effect of adding joint accounts

 2 secured credit cards for last 7 months in good standing. nothing else on report.

 

So if am added to my wifes kohls and macys account under joint status,

will I gain all of her history. both accounts opened in 2006 ,no lates.?

 

Basically my Aoa should go from 7 months to 4-5 years, correct?

 

That would bring me to prime card arena automatically?

Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010
0

Re: AoA effect of adding joint accounts


uroosa1 wrote:

 2 secured credit cards for last 7 months in good standing. nothing else on report.

 

So if am added to my wifes kohls and macys account under joint status,

will I gain all of her history. both accounts opened in 2006 ,no lates.?

 

Basically my Aoa should go from 7 months to 4-5 years, correct?

 

That would bring me to prime card arena automatically?


It does not have to be joint, you can be authorized user and have the same result ( Assuming they report you).    More like 3.5 years AAoA. . It will help.

Established Member
Posts: 61
Registered: ‎07-21-2012
0

Re: AoA effect of adding joint accounts

Well if its joint won't it be the same as an individual account?

Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010
0

Re: AoA effect of adding joint accounts


uroosa1 wrote:

Well if its joint won't it be the same as an individual account?


From an AAoA point of view,   Individual, Joint, Authorized User are all counted the same way.

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Established Contributor
Posts: 734
Registered: ‎02-01-2012
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Re: AoA effect of adding joint accounts

Yes. Just by being an authorized user, you get all the account history factored into your score. I did this wife some of my wife's accounts to help me rebuild my score faster. It was a huge help because we added an excellent-standing chase card from 2001. HUGE instant boost.

Start (Sept 2011): low-mid 600s. NOW: TU FICO: 801, EQ FICO 808, EX FICO 798 (PSECU). Goal: Achieved! Now Maintain!

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