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Member
ssavic
Posts: 18
Registered: ‎05-03-2007

Cap1 joint account

Last week I called Cap1 to join my wife's account as a joint account holder to boost my score.They asked for DOB,SSN,etc. and they agreed to do it.Today TL showed up (billing cycle) as authorized account and that's probably why my scores didn't change.Can you become joint account holder with them?If they make a change do we need to wait another billing cycle or it happens rihgt away?Thanks for your feedback.
By the way my scores are TU 697,Ex 689,EQ 686.What do you think how many points my scores would increase?
Established Contributor
Anderson
Posts: 716
Registered: ‎06-03-2007

Re: Cap1 joint account

Bump
Can't answer, may be best to call & speak with Cap1.
Contributor
rudy
Posts: 101
Registered: ‎05-14-2007

Re: Cap1 joint account

What you did would have worked in the past. I did the same for my aunt. It helped her scores by about 20 points. But that was before the new rules. Since it is your wife, the new rules my not apply. but rest assured everything takes time. So give it another month to see what happens
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Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007

Re: Cap1 joint account


ssavic wrote:
Last week I called Cap1 to join my wife's account as a joint account holder to boost my score.They asked for DOB,SSN,etc. and they agreed to do it.Today TL showed up (billing cycle) as authorized account and that's probably why my scores didn't change.Can you become joint account holder with them?If they make a change do we need to wait another billing cycle or it happens rihgt away?Thanks for your feedback.
By the way my scores are TU 697,Ex 689,EQ 686.What do you think how many points my scores would increase?



Did you happen to pull any of your FICO's after you showed up as AU instead of joint? If so, look on screen 2 in the section under the scales to see if any of your credit history length changed (if her card is older than your oldest), and also on screen five to see if the AU account is listed.

FICO 2008 has been pushed back, and even if it had started, EX was supposed to be the only CRA ignoring AU status. So far, I am still getting credit for my AU status on one of DH's cards (needed the length of history.)

If you have pulled your FICO's after the card posted, and nothing changed, maybe it just isn't going to have that much effect. But also, call Cap 1 and ask why you are showing as AU rather than joint. They might have coded it wrong or something.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Member
ssavic
Posts: 18
Registered: ‎05-03-2007

Re: Cap1 joint account

I just called Cap1 and they told me I can only be authorized user and not joint account holder or close this one and open up another one together (which doesn't make sense,I'm trying to get 5 years history).Every time I call they tell me different story.Anybody dealt with this Cap1 issue before?Thanks. 

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