topic Re: Is it illegal for someone to add you as an auth user to boost your Fico? in Mortgage Loans

Is it illegal for someone to add you as an auth user to boost your Fico?

Anonymous — Tue, 31 Jan 2012 01:53:46 GMT

I am asking this because I am working with someone that is going to add my husband to two cards to help boost the score. I am just wondering if it is illegal to do this. Our RMCR Fico scores are 636, 627, and 602.

Re: Is it illegal for someone to add you as an auth user to boost your Fico?

namvet — Tue, 31 Jan 2012 02:07:42 GMT

@Anonymous wrote:
I am asking this because I am working with someone that is going to add my husband to two cards to help boost the score. I am just wondering if it is illegal to do this. Our RMCR Fico scores are 636, 627, and 602.

Nothing illegal about it at all. It's done all the time. I've done this to help my daughter's credit. Just make sure your husband knows the doner very well. If he is being added to cards that have a good and long history he should benefit from this.

Re: Is it illegal for someone to add you as an auth user to boost your Fico?

Booner72 — Tue, 31 Jan 2012 02:25:46 GMT

In addition to good long history - you need to make sure that the CC even reports AU's , as not all do. I added DH to 3 of my accounts and they reported right away. I added my brother, and none have ever reported, and it's been 6 months. I think that bc of the different addresses and last names it just didn't jive. I know another poster who had AU's never report, either, even though the company said they did. They are more cautious now as people sell their AU's to help people's scores, people they don't even know. Though others report here all the time that AU's report all the time....

Secondly and most importantly, if the person's account has high utilization then it will hurt your score more than it will help. The balance should be zero or very very low. Do you guys know what the utilization is on this account?