I have been helping my friend with her credit and she added me as an AU on all her tradelines since her scores are in the 720s. I wanted to know how long will it take to report on my credit file. I am rebuilding. Which one will report and which one will not. Only person that ask for my social was Cap1, does it matter that they don’t have my social number?
Here it goes, I am an Au on the following credit cards
Cap1 $500
Chase Amazon $1000
Discover It $1500
Barclay $700
Walmart $700
Since I am an AU, when my scores are better can I app for these cards? That’s my goal. What should I say when I do app for these cards?
@JMills wrote:I have been helping my friend with her credit and she added me as an AU on all her tradelines since her scores are in the 720s. I wanted to know how long will it take to report on my credit file. I am rebuilding. Which one will report and which one will not. Only person that ask for my social was Cap1, does it matter that they don’t have my social number?
Here is goes, I am an Au on the following
Cap1 $500
Chase Amazon $1000
Discover It $1500
Barclay $700
Walmart $700
Since I am an AU, when my scores are better can I app for these cards? That’s my goal. What should I say when I do app for these cards?
Good morning to you! I am familiar with the Capital One and Barclay AU parts. I put both my friend (trying to help his credit start out) and my girlfriend on both cards (did NOT give them actual cards!). They both started having the accounts report on their CR within a month. Barclays did it without the social and still reported. Now this timeline may vary, but this was the timelime for them. It shows on their status as an authorized user on the CR. I hope this helps!
Starting Score: EX: 646, EQ: 624, TU: 639 (07/26/2013)
Thank You, I really like to get my foot in the door with all creditors and one day after gardening I can app with confidence and know I will get approve. She is aiming for Amex next but I told her to not app for awhile
Generally, the cards you listed report AUs. The only issue will be whether or not the CRAs can match your information to hers. It is easier if you share a last name, address etc. obviously easiest is when the lender asks for your SSN.
Your scores may improve depending on several factors, pyt history, util, account age etc. without knowing the status of the cc's listed and your cr profile, its impossible to say , yes these accounts will improve your scores.
Your scores may improve depending on several factors, pyt history, util, account age etc. without knowing the status of the cc's listed and your cr profile, its impossible to say , yes these accounts will improve your scores.
They are mostly new cards,just got them within this month. She did an App spree and go improve for all! I am not concern with AAOA, because I am rebuilding so what's the rush. Things take time, we don't share the same last name or the same address and to be honest I don't want to put her through all that changing her address to me mine but Chase Amazon said they will send me a CC of my own. To be honest I want it to report, and to get my foot in the door with these creditors. I would love for Chase and Discover to report. I know Cap1 will, will see how it all pans out.
Since you were teaching your friend about credit, make sure util is discussed. If this is her/his first time with cc's it can be easy to get excited and have bal report all over the place. As an AU, you will need to monitor usage or pyt history religiously.
Good luck!
Good luck!
She is well aware of Utilization, her good standing with CAP1 gave her a foot in the door with other credits. She is well aware of PIF, however I must monitor to keep myself safe as well. I'm on myfico reports everyday!lol