topic Re: Added as an Authorized User on CC in Credit Cards

Added as an Authorized User on CC

TryN2Rebuild — Mon, 21 Nov 2016 01:35:25 GMT

I was added to my Girl Friends CC today and am trying to understand how it will help my credit. I have a BK from 2015 and my score is 671.

Re: Added as an Authorized User on CC

Anonymous — Mon, 21 Nov 2016 06:13:07 GMT

It will depend on the scoring model, as some dont count AU accounts. But in general it will give you positive history and utilization as long as she is responsible with it.

Re: Added as an Authorized User on CC

Anonymous — Mon, 21 Nov 2016 13:51:39 GMT

@Anonymous wrote:
It will depend on the scoring model, as some dont count AU accounts. But in general it will give you positive history and utilization as long as she is responsible with it.

Key words in bold ... if you guys break up, or she just decides to stop paying that bill, your credit score will go down the drain.

Establish yourself.

Start with a Cap One secured card if you can't get an unsecured card ... and check out the rebuilding forum here. Lots of good information there.