intlschizo wrote:
BoA told me thatadding my sister as an AU on my account would *not* help her score - and so far, it doesn't seem to have done so (we have the exact same account number). They never even asked for her SSN, so how could they report to her credit reports?
Does it show on her reports? Banks hardly ever ask for an SSN on AU's, and yet, they seem to be able to know where to send it. Scary. Just goes to show that they're up to their armpits in Lexis Nexis or whatever it is.
First thing to learn about CC CSR's is that they don't know diddly about credit scoring. They barely know how their daily actions affect us as credit consumers. Not their fault; they're just not trained to do so.
Couple of questions about your card that she's AU on:
1) Is it younger than her average age of accounts?
2) Are there any negatives on it?
3) Does it report a balance to the credit bureaus, even if you pay it off as soon as you get the statement?
4) Does she have all $0 balances reporting on cards of her own?
If any of these are true, then it's possible that it is hurting her, or at least not helping her.
The ideal AU card:
1) Is older than most of your accounts; at least older than your AAoA.
2) Is squeaky clean, no lates, no negatives.
3) Reports $0 every single month, with maybe an occasional $10 balance, immediately paid off.
4) Has a high enough CL to significantly reduce your own util, if you show balances on your cards.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
