08-20-2012 05:29 PM
Does adding an authorized user to your credit account affect their fico score?
I would like to use my "excellent" credit to bring up my wifes "good" credit. Would adding her to my lines of credit boost her score?
08-20-2012 06:45 PM
Yes it will help her score. If I were choosing the card I would pick a card that a had long payment history history.
08-21-2012 10:00 PM
My answer to adding your son as an AU is it depends. If you son is minor I would strong suggest you do not add him. Why? Google children and idenitity theft. Secondly there is no need most the time. If your son already has credit adding him may or may not help him.
08-22-2012 08:46 AM
Thanks for replying bk, but its to late I added him yesterday before i saw this thread....I did add myself to my husband as well 5 months ago and I checked MyFICO report yesterday and I do have CapOne listed as 1 open account and my score for EQ is 666 I'm not likeing that number at all but i will check in another 6months to see if it change god I hope so...as far as my 12yr son goes its to late one thing i do kn is he's not getting the card just so they can see hes useing it im only buying 1soda & 1candy bar thats it lol...
08-22-2012 05:55 PM
Thanks..... I added her to my card that I have had for 12 years. She has made it through life without any cards or loans..... Sounds great, but terrible for ones credit.