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Question regarding authorized user

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doc101
Regular Contributor

Question regarding authorized user

I recently was added as an AA to 2 retail cards. Both cards (accounts) are at least 15-20yrs old and have never been late or over limit. One has a limit of $5,000, the other around $10,000. What type of increase should I see on my fico scores or will there be a increase at all?


Starting Score:Equifax 543
Current Score:EQ659 TU 716 EXP677 updated 7/3/2016
Goal Score: 700


Message 1 of 10
9 REPLIES 9
Anonymous
Not applicable

Re: Question regarding authorized user

I got added to a chase account recently with 14k and 13 years of good payment history and saw a bump of about 25 points across the board
Message 2 of 10
doc101
Regular Contributor

Re: Question regarding authorized user

Thanks for the info, that would definitely push me in the right direction


Starting Score:Equifax 543
Current Score:EQ659 TU 716 EXP677 updated 7/3/2016
Goal Score: 700


Message 3 of 10
DaBears
Senior Contributor

Re: Question regarding authorized user

You will get a nice bump in score. Do you have any CO's or collections that are recent?

Message 4 of 10
doc101
Regular Contributor

Re: Question regarding authorized user

As of right now, I have 2 accounts in collections on my TU report. Nothing on EQ and haven't looked at my EX report


Starting Score:Equifax 543
Current Score:EQ659 TU 716 EXP677 updated 7/3/2016
Goal Score: 700


Message 5 of 10
DaBears
Senior Contributor

Re: Question regarding authorized user

Message 6 of 10
doc101
Regular Contributor

Re: Question regarding authorized user

I sure hope so, thanks for the help


Starting Score:Equifax 543
Current Score:EQ659 TU 716 EXP677 updated 7/3/2016
Goal Score: 700


Message 7 of 10
DaBears
Senior Contributor

Re: Question regarding authorized user

Anytime, that's why I'm here!! 

Message 8 of 10
HiLine
Blogger

Re: Question regarding authorized user

What are your AAoA and length of credit history? If higher than the two cards in question, you may see a negative increase. Robot tongue

Message 9 of 10
doc101
Regular Contributor

Re: Question regarding authorized user

According to myfico, the AAoA is 4 years and length of credit history is 5 years


Starting Score:Equifax 543
Current Score:EQ659 TU 716 EXP677 updated 7/3/2016
Goal Score: 700


Message 10 of 10
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