topic Re: Two AU added will it help? in Credit Cards

Two AU added will it help?

diebadcredit6504 — Mon, 03 Feb 2014 20:56:25 GMT

What's going guys, well like I stated last week my wife added to me today as an AU on two CC which are from 2005

BofA - 2005 - 15K limit - balance of 9K

Discover - 2005 - 15K limit - 0 balance

Here goes what I have

Baddies

Installment – 3 zero balances from 2012 CHARGE OFF. “Paid in full Charge off”

Revolving – 2 secure credit cards – BofA Closed 11/2010 "Wells closed 01/2012: have a few 30 days late. Zero Balances

Installment – Capital ONE – One 30 days late reported Aug 2012 Closed AUTO Accounts.

Good

Mortgage – 4yrs old – never late

Installment – truck 2yrs - never late.

Installment – Dept of ED – 3yrs never late

Revolving – 3 new credit cards just added Dec 2013

1.Capital One secure – 200 limit

2.Credit One – 400 limit

3.Comenity bank/Express – 250 limit

So do you think it will help my AAoA and my uti? Also you think it will raise my score? Or hurt it? Below are my current scores on my signature.

Re: Two AU added will it help?

diebadcredit6504 — Mon, 03 Feb 2014 22:34:39 GMT

Re: Two AU added will it help?

Kenny — Mon, 03 Feb 2014 22:56:25 GMT

I think it's good that you had the 0/15k added for sure so that if you do have balances on your cards you aren't subject to CRAZY utilization swings. I'm not sure if it's backdated just by adding it to your CR, but if so then it's good for your AAoA sure. I'm not sure that I would have added the 9k/15k though...

You've made great strides! I look forward to hearing how your scores react to these additions. Please let us know. I'm sure someone with more knowledge with these types of questions will come along, I just added what I knew.. lol (which isn't much.)

Re: Two AU added will it help?

Anonymous — Mon, 03 Feb 2014 23:49:08 GMT

Yeah, you would have been great with only being added to the Discover.

Re: Two AU added will it help?

diebadcredit6504 — Tue, 04 Feb 2014 01:53:44 GMT

I think I'm going to leave the Boca one with 90 balance and see my ASIA and score. If it isn't that much of a jump I will take it off...

Re: Two AU added will it help?

diebadcredit6504 — Tue, 04 Feb 2014 01:54:09 GMT

Sorry typo meant to say BofA

Re: Two AU added will it help?

diebadcredit6504 — Sat, 08 Feb 2014 03:19:54 GMT

Well Discovery cc just appeared on my EQ report so I'm just waiting for my score update. Let see what kind of bump it will give me.

Re: Two AU added will it help?

diebadcredit6504 — Sat, 08 Feb 2014 03:24:46 GMT

Sorry typo Discover

Re: Two AU added will it help?

AndySoCal — Sat, 08 Feb 2014 03:25:02 GMT

Personally I would not want the B of A card on my report,. The credit utilization is too high( over 50%

Re: Two AU added will it help?

diebadcredit6504 — Sat, 08 Feb 2014 18:06:52 GMT

The BofA didn't appear on my report.

Re: Two AU added will it help?

diebadcredit6504 — Mon, 10 Feb 2014 17:48:04 GMT

Just checked my TU and EXP and discover didn't show up but it did on my EQ. i guess they both take longer? Not sure.

Re: Two AU added will it help?

diebadcredit6504 — Mon, 17 Feb 2014 14:17:08 GMT

I just got my TU credit karma update this morning and the my AU discover appeared and my score jump 74 points so my new score is 663. PRETTY AWESOME.

Re: Two AU added will it help?

Anonymous — Mon, 17 Feb 2014 14:53:11 GMT

Are you the AU on only the Discover?

Re: Two AU added will it help?

diebadcredit6504 — Mon, 17 Feb 2014 14:59:36 GMT

Yes on my DW discover card. She has it laying around the house and never use it, so I asked her to add me.

Re: Two AU added will it help?

Anonymous — Mon, 17 Feb 2014 15:02:42 GMT

The reason I asked was because you mentioned that you were going to stay on the BofA card in a previous post.

Re: Two AU added will it help?

diebadcredit6504 — Mon, 17 Feb 2014 15:05:35 GMT

Yes my wife added me to her BofA CC but it hasn't appeared on either one of my reports but if it hits and lower my score I will remove it.

Re: Two AU added will it help?

Anonymous — Mon, 17 Feb 2014 15:09:59 GMT

As mentioned before, that 9k balance is going to increase your utilization which will hinder your max scoring potential.

Re: Two AU added will it help?

diebadcredit6504 — Mon, 17 Feb 2014 15:12:30 GMT

Understand, once it appear I will remove it from my report. My uti is two percent right now.

Re: Two AU added will it help?

Anonymous — Mon, 17 Feb 2014 15:15:28 GMT

Oh ok, sounds like a plan!

Re: Two AU added will it help?

diebadcredit6504 — Mon, 17 Feb 2014 15:45:00 GMT

Thanks for the advise. I'm still in the gardening stage. I had the urge to apply for new credit yesterday. I hate standing in the back ground as my wife swipes her CC and I have no credit to swipe. It always cash for me which I don't really have any.. LOL

I love that my wife can use her cards responsable.