topic Re: Authorized User Question in Credit Cards

Authorized User Question

Anonymous — Fri, 25 Jan 2008 10:43:14 GMT

I wanted to know if it was worth it to be put on as an authorized user. How does being put on someone's card as an authorized user affect my scores and cr or the primary card holder's ? And will it help raise my scores?

Re: Authorized User Question

Anonymous — Fri, 25 Jan 2008 14:34:25 GMT

It can-

Make sure it has a long history, High CL and low balance for max results.

Until FICO08 is released.

misfit928 wrote:

I wanted to know if it was worth it to be put on as an authorized user. How does being put on someone's card as an authorized user affect my scores and cr or the primary card holder's ? And will it help raise my scores?

Re: Authorized User Question

Anonymous — Fri, 25 Jan 2008 14:43:01 GMT

I would just add to Timothy's answer:

A long history is good, but make sure it has a good history of ontime payments, as well. You don't want to be paying the price for other people's slow payments.

Timothy wrote:
It can-
Make sure it has a long history, High CL and low balance for max results.

Until FICO08 is released.
misfit928 wrote:
I wanted to know if it was worth it to be put on as an authorized user. How does being put on someone's card as an authorized user affect my scores and cr or the primary card holder's ? And will it help raise my scores?

Re: Authorized User Question

sl — Fri, 25 Jan 2008 20:30:53 GMT

I have beent trying to keep up on FICO 2008, is there any update on when it will be rolled out?

Re: Authorized User Question

fused — Fri, 25 Jan 2008 23:30:57 GMT

sl wrote:

I have beent trying to keep up on FICO 2008, is there any update on when it will be rolled out?

No news yet! I suspect it won't be any time soon.

Re: Authorized User Question

Anonymous — Sat, 26 Jan 2008 05:39:12 GMT

will putting me on as an au with low credit scores due to late payments affect the score of the primary holder?