Reply
Member
Posts: 5
Registered: ‎03-02-2012
0

Does Authorized User Credit Score Affect CLI Approval?

[ Edited ]

I recently received an AMEX BCP card.  I have decent credit and will be trying for the 3x CLI at 61 days.  I am wondering if I should wait until after I do the CLI before I add my husband as an authorized user.  He had to file a bankruptcy last year and his credit score is painfully low.  It would be really inconvenient for us to only have one card that we have to pass back and forth between us as needed, but I will do this if adding him as an authorized user will affect whether or not I am approved for a CLI.  In short, does AMEX consider authorized users credit scores when deciding on a credit limit increase or will it be solely based on mine?

Valued Contributor
Posts: 2,682
Registered: ‎07-29-2009
0

Re: Does Authorized User Credit Score Affect CLI Approval?

I believe only your credit will be considered.

New Member
Posts: 13
Registered: ‎10-19-2012
0

Re: Does Authorized User Credit Score Affect CLI Approval?

i agree. I just added my husband and all they needed was his name. An authorized user is not responsible/liable which is why his social is not needed.

Established Contributor
Posts: 576
Registered: ‎11-13-2008
0

Re: Does Authorized User Credit Score Affect CLI Approval?

They do not check an authorized users credit report when decisioning a CLI or application. Unless they are a joint account holder that is a different kind of story.

Member
Posts: 5
Registered: ‎03-02-2012
0

Re: Does Authorized User Credit Score Affect CLI Approval?


kp2012 wrote:

i agree. I just added my husband and all they needed was his name. An authorized user is not responsible/liable which is why his social is not needed.


That's odd.  I tried to do it online and it does ask for an SS#.  It also specifies that any additional card member may not have ever defaulted on an AMEX card... which may mean he can't be added after all since his bk included an AMEX.

Super Contributor
Posts: 5,262
Registered: ‎12-11-2011
0

Re: Does Authorized User Credit Score Affect CLI Approval?


bfpengi wrote:

kp2012 wrote:

i agree. I just added my husband and all they needed was his name. An authorized user is not responsible/liable which is why his social is not needed.


That's odd.  I tried to do it online and it does ask for an SS#.  It also specifies that any additional card member may not have ever defaulted on an AMEX card... which may mean he can't be added after all since his bk included an AMEX.


Amex's AU is different than most others. Amex asks for all AU info (I don't know if they pull credit) and the AU (or Additional Card Member) will get their own card with a different account number on it. They will laos be given their own online access account to track everything. 

;
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.