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Valued Member
SevenUP
Posts: 26
Registered: ‎07-28-2011
0

Question about AU

I am about to apply for a new card, and would like to add DW as an AU, but am not sure how it would affect her CR.

Does anyone know if an AU account works like a regular one -- i.e., if it will increase her total credit but lower her AAoA?

 

Thanks!!

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HoldingOntoHope
Posts: 1,057
Registered: ‎09-29-2009
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Re: Question about AU

That is exactly right. The only thing she will not have is the inquiry for the account. And the nice thing is if it doesn't have a positive effect for her you can (usually) easily remove the account from her credit report by dropping the AU status or disputing with the bureau as "not my account".

 

Just be aware that not every company reports AU's to the bureaus even if they allow AU's on the account.

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AlmostHome78
Posts: 139
Registered: ‎04-21-2011
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Re: Question about AU

Does anyone know if Capital One or Kay Jewelers reports AUs to the bureaus?


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Valued Member
SevenUP
Posts: 26
Registered: ‎07-28-2011
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Re: Question about AU

[ Edited ]

AlmostHome78 wrote:

Does anyone know if Capital One or Kay Jewelers reports AUs to the bureaus?


I know Cap 1 does -- I am AU in my wife's account.

 

Does anyone know about Amex?

 

Thank you HOtH!

Regular Contributor
AlmostHome78
Posts: 139
Registered: ‎04-21-2011
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Re: Question about AU

Thanks, sevenUP! Do you know how long it took for Capital One to start reporting to the credit bureaus?

Starting Score: EQ 678 (8/10/11) -- TU 678 (8/10/11) -- EX Fako 639 (9/7/11)
Current Score: EQ 685 -- TU 686 -- EX 702 (lender pull)
Goal Score: At least 720 across the board by June 2012


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Valued Member
sugarmagnolia23
Posts: 40
Registered: ‎03-25-2011
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Re: Question about AU


SevenUP wrote:

AlmostHome78 wrote:

Does anyone know if Capital One or Kay Jewelers reports AUs to the bureaus?


I know Cap 1 does -- I am AU in my wife's account.

 

Does anyone know about Amex?

 

Thank you HOtH!


Amex reports IME very quickly.

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Valued Member
SevenUP
Posts: 26
Registered: ‎07-28-2011
0

Re: Question about AU

@sugamagnolia: Thank you!

 

@AlmostHome: sorry, I am not sure, since I did not get a report for some time after we got our Cap 1. But they are generally pretty good about reporting, so I would assume they would be quick, within the month. But perhaps other Cap 1 convicts have more precise data...

 


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