No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Say for example.
Person A with 783 credit score adds Person B with 605 credit score as an authorized user to one of their high limit cards. Person B has a perfect payment history just very high utilization crippling their score. Would the Bank of person A become more cautious of the account holder in terms of future business? This would be for the purpose of a significant score boost so Person B can then get a new card and consolidate all their little ones through a BT.
@Anonymous wrote:Say for example.
Person A with 783 credit score adds Person B with 605 credit score as an authorized user to one of their high limit cards. Person B has a perfect payment history just very high utilization crippling their score. Would the Bank of person A become more cautious of the account holder in terms of future business? This would be for the purpose of a significant score boost so Person B can then get a new card and consolidate all their little ones through a BT.
No, in almost all cases they dont even know about the credit of the AU. The bank only cares about your usage, payment history and overall credit picture including utilization. Note, Amex is bit different as they do ask for SSN of AUs and won't allow AU to be added if they are blacklisted by Amex. Still that wouldnt affect your relationship wiht them.
Thanks guys, about Person A being responsible for the AU card of Person B that's what I meant of wondering if the bank would become more cautious then. But if picking a bank that wouldn't know of the credit situation of the AU is a possibility, then that's awesome.