@ToddLipps wrote:
If you are added as an authorized user on a credit card, will the bureaus recognize the date you became an authorized user to determine the AAof A, or thedate the card was opened?
You will inherit the entire history of the account from the time it was opened. But certain criteria have to be met before being added as an AU can help:
The account needs to be older than any of yours (older than your current AAoA is even better),
The payment history needs to be long and clean,
The utilization sholuld be very low, and
Make sure it will report to the CRA's. Not all cards will do this. You need to ask the company first.
One caveat however; if this account starts to go south your credit will be affected as well. Keep that in mind.
From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782
"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".
