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Authorized User

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FabulousDtheBruin
New Contributor

Authorized User

So I'm trying to build my mother's credit back up...I added her to my Chase, BofA, PayPal Extras MC, and Citi Cards as an authorized user (which will all remain open indefinitely) with a total CL of $5,500 combined. 

 

I know Capital One reports AU.  I have had Cap One since April of 2012. Should I add my mom to this account as an AU even though I will be closing the Acct. in a month because it has an annual fee I don't need CrapOne.  

 

Your help is appreciated!  Thank you, friends!  

AmEx BCE - 2K, Clear from AmEx - 2K, Bank of America Travel Rewards - 10K, Chase Freedom - 4.3K, U.S. Bank College Visa - $600, Discover More Card - 7K, Citi Dividend Card for Students - 2.1K, Barclay Rewards MC-2.5K, Macys Red Card-1.8K, Bank of America AmEx-15K, Banana Republic Visa-2.5K, Chase CSP-10K, Chase Saphire-5K,
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MovingForward_2012
Valued Contributor

Re: Authorized User

I wouldn't add her if you plan on closing it as it could affect her credit negatively as well. So I would just close it without adding her as an AU.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
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