Re: adding father to walmart card to get approval for amex! ideas thoughts?
10-10-2012 05:45 PM
I would advise him to apply on his own for discover. If you add him it may hurt more than help since the account is so new.
why discover though? not that i have anything against them. honeslty i just want him to get an amex to be in. he's 42 starting out with little credit.
This will not happen with Amex. Amex needs to see a couple more accounts handled responsibly in his name for at least 6 months if not more. Yes, the Walmart AU on his report could possibly help his score, but it will not change the fact he has only the one account he is responsible for.
What is the utilization on the CareCredit?
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.