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

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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