My DH and I just recently got married and plan to buy a new home next year (if the market doesn't tank so much that we can't make a nice profit on both of our homes!). I'm working on repairing his credit which was destroyed due to divorce. He hasn't used any credit cards in 4 years since they were all charged off. I found one store charge card on his report that happened to be his oldest TL (19 years) that showed inactive for the last 7 years! We were able to log in to that store site and make a purchase with that card and have requested a replacement card. So, I'm hoping that reactivating that account will help his score some. I immediately made a payment after the purchase so that the amount reporting will be 9%.
I'm hoping that he can get a little help by piggybacking on some of my accounts until (if) FICO 08 rolls out. I only want to put him on cards that will have 0-9% utilization on them, which is my VS card right now. I should have a couple of other cards with low util soon!
So, does anyone know if Victoria's Secret reports authorized users? For future reference, what about Household, Cap One, Hooter's, and Wamu?
Victoria's secret does not report AU as far as I know. I added my husband to mine about 6 months ago and it hasn't ever reported. ( I didn't think it would though since they didn't ask for a social security number and label him as an authorized buyer). Cap One does report AU though - I think only to EQ and TU though.