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Should I be added as a au? Would it help or hurt?

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crystal0920
Valued Member

Should I be added as a au? Would it help or hurt?

As said before, I am brand new to the credit world and only have a Kay jewlers reporting as of 12/13, 2 cap 1 cards not reporting yet, I got them in 11/13.

 

  I know it takes 6 months for fico to generate a score so I was wondering my mom has a Von Maur account that has excellant history for 2 years but only a $250 limit.

 

 Would her adding me as a authorize user give me instant 2 year credit history or does it show date when I become a AU and will it look good or would it hurt me being such a low limit card?

 

 My highest limit is the Cap 1 $500

Fico scores 6/1/14 Ex 680 Eq 668 TU 692

Cap 1 Unsecured $750 / Cap 1Secured $200 / Kay's $300 / BOA $500 partial secured / Badcock account $1,200

Denied: Kohls, Discover IT, Barclays, DCU
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p-
Valued Contributor

Re: Should I be added as a au? Would it help or hurt?


@crystal0920 wrote:

As said before, I am brand new to the credit world and only have a Kay jewlers reporting as of 12/13, 2 cap 1 cards not reporting yet, I got them in 11/13.

 

  I know it takes 6 months for fico to generate a score so I was wondering my mom has a Von Maur account that has excellant history for 2 years but only a $250 limit.

 

 Would her adding me as a authorize user give me instant 2 year credit history or does it show date when I become a AU and will it look good or would it hurt me being such a low limit card?

 

 My highest limit is the Cap 1 $500


If it has perfect history, and she doesn't carry a blance, then it will help.  

Message 2 of 3
LearningMoreAboutCredit
Frequent Contributor

Re: Should I be added as a au? Would it help or hurt?

You probably won't get the two year history though but that varies by creditor.

Any advice given is always YMMV...

Current FICOs: 740+ across the board | Goal: >760 FICO | Total CLs: $63.3k/$60k Goal | Utilization: 19% | Last App: 05/01/2014 | INQ: EX: 10, EQ: 8, TU: 5, All Expire 06/2016; No Collections/Charge Offs/BK's | AAoA: 7yrs.
| All Reports Frozen!!! | No Apps til 12/2015 | Homeowner since: 06/28/13 | White Whales: Marriott Rewards, Discover IT, Sallie Mae WMC, Sams MC
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