Reply
Regular Contributor
Posts: 170
Registered: ‎03-05-2012
0

Discover AU benefits?

I've had discover for 7 months now. 2 months ago my wife also got a discover card. Her limit cl is $2000 mine is only $1000.

I was added as a AU. now is this s good idea? Is it worth doing this or will it hurt my Average age of credit? Which currently stands at 1 year tho I've had credit for 3 years. I had also recently added Walmart & amazon 4 months ago.

I was hoping it would help me with a Cli but recently when I requested a Cli they said it would be a hard pull.

Any benefit keeping me on the account as a AU or is it doing more damage than good. ??

Do u think removing will bump my average credit age ??

Advice please.

On a side note. All my cards are due for a CLI past my six months but all want hard pulls. Discover. Chase & citi. Current uti is 22% & debt to income is 7%

Should I want till ever is down super low or bite the bullet. My scores have dropped 20 points across the board because of the recently added cards.

Cheers
Regular Contributor
Posts: 170
Registered: ‎03-05-2012
0

Re: Discover AU benefits?

Btw. Forgot to add. My discover is reporting to the credit agency and my scores run. TU 670. EX. 656. EQ. 654
Valued Contributor
Posts: 1,738
Registered: ‎08-13-2012
0

Re: Discover AU benefits?

what your plan ? why you wanna add as a authorize ? ..........i dont see anything positive if you add on her card because her card is only a few months old......i mean if you goal get some high limit card then i would suggest get some GE card..........they give a very good credit limit......


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Regular Contributor
Posts: 170
Registered: ‎03-05-2012
0

Re: Discover AU benefits?

I have Walmart & amazon. Both run $1200 Cli but I just reached my 4 month mark. So I will be asking for a limit increase.

I added myself to her card as I thought it might help discover bump my limit from $1000 to $2000

I should remove it
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.