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Valued Member
JT44
Posts: 35
Registered: ‎01-08-2013
0

Authorized User??

Desperately trying to get my score up, and have begun the process of picking up the trash of the last 10 years. Feel like such a jerk.. :-(

 

Quick question: Is becoming an authorized user on my dad's CC still a viable solution? I do have one new Cap 1 CC and I have 2 1/2 years of car payments that have been perfect.

 

Is a hard inquiry generated when one becomes an authorized user? Hard Inquiry for ME, not my dad.. :-)

 

Thanks for any intel. You all are awesome and I have leaned SOOO much so far!!

Started a little over a year ago: LOW 500's

Now as of /20/13: FICO EX: 709 TU: 706 EQ: 682
Contributor
elleng81
Posts: 100
Registered: ‎12-10-2012
0

Re: Authorized User??

IME there is no hard pull when beckming an AU.
I was added to my husband's CC in October and it showed up in November like it was always on there. Perfect payments and low utilization since 5/2008!
Valued Contributor
JM-AM
Posts: 3,302
Registered: ‎06-09-2010
0

Re: Authorized User??

No INQ as mentioned becoming an AU.

Impact on scores depends on how the account has been handled by your dad.
Good Luck
May all your dreams and wishes become a reality!
Valued Member
JT44
Posts: 35
Registered: ‎01-08-2013
0

Re: Authorized User??

Thanks for the info. Dad is 780 or something. They just RF their house so it is recent.

 

Any drawbacks/negatives for becoming an AU?

Started a little over a year ago: LOW 500's

Now as of /20/13: FICO EX: 709 TU: 706 EQ: 682
Valued Contributor
JM-AM
Posts: 3,302
Registered: ‎06-09-2010
0

Re: Authorized User??

No real drawbacks. Under manual review it could be queationed but I havent run into that in several yeara. YMMV
Good Luck
May all your dreams and wishes become a reality!

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