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Posts: 6
Registered: ‎11-30-2013
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authorized user on a line of credit

My grandmother has a michigan first line of credit for $100 that dates back to 1984 I was born in 1989 will I inherit the history from it?... I also am an authorized user on her credit card with michigan first I inherited the history with the credit card but I don't know how that works with the line of credit especially with it being older than me...? and 

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Posts: 27,204
Registered: ‎09-13-2012
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Re: authorized user on a line of credit


quame14 wrote:

My grandmother has a michigan first line of credit for $100 that dates back to 1984 I was born in 1989 will I inherit the history from it?... I also am an authorized user on her credit card with michigan first I inherited the history with the credit card but I don't know how that works with the line of credit especially with it being older than me...? and 


If they report AUs for the LOC then it should report.  That's really a small line but if you need it for AAOA then it's something.  Keep in mind, under manual review an UW may and probably will discount the TL 

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