I added my DH as an AU on several of my CCs last year when we got married. He has a BK7 from 2003 and has had lots of trouble getting new credit. His most recent rejection was from Capital One in January when he replied to one of those "pre-qualified" offers in the mail. Why do they tell you you're pre-qualified and then reject you? Talk about digging the knife in even deeper.
Unfortunately in addition to the BK7 he has multiple collection accounts (some as recent as 2 yrs ago) and some other derogs for late payments.
His FICOS (from ScoreWatch) right now are:
TU-661 / EQ - 615 / EX - 656
The only open CC on his CBRs IN HIS NAME is a 2 yr old Orchard Bank card with a CL of $600 on it.
I'm worried about what will happen to his FICOs when the CRA's stop using AU info on the CBR's.
Is there a chance that he might be able to become listed as joint on my old CC's that have him listed as an AU? I have CCs with Chase, Discover and AmEx. Do any of them entertain the notion of switching someone from an AU to a reposnsible party? If so, does DH have a snowball's chance in hell of becoming a responsible party at this point, even though he was turned down for a Cap1 CC only 5 months ago?
DH's FICOS: July '08 TU-661 / EQ-593 / EX-656 --> April '09 TU-730 / EQ-705 / EX-685
MY FICOS: July '08 TU-735 / EQ-727 / EX-767 --> April '09 TU-789 / EQ-774 / EX-767