topic Re: Question regarding authorized user in Rebuilding Your Credit

Question regarding authorized user

doc101 — Mon, 22 Apr 2013 01:07:58 GMT

I recently was added as an AA to 2 retail cards. Both cards (accounts) are at least 15-20yrs old and have never been late or over limit. One has a limit of $5,000, the other around $10,000. What type of increase should I see on my fico scores or will there be a increase at all?

Re: Question regarding authorized user

Anonymous — Mon, 22 Apr 2013 22:42:16 GMT

I got added to a chase account recently with 14k and 13 years of good payment history and saw a bump of about 25 points across the board

Re: Question regarding authorized user

doc101 — Mon, 22 Apr 2013 23:13:21 GMT

Thanks for the info, that would definitely push me in the right direction

Re: Question regarding authorized user

DaBears — Mon, 22 Apr 2013 23:38:25 GMT

You will get a nice bump in score. Do you have any CO's or collections that are recent?

Re: Question regarding authorized user

doc101 — Tue, 23 Apr 2013 00:24:39 GMT

As of right now, I have 2 accounts in collections on my TU report. Nothing on EQ and haven't looked at my EX report

Re: Question regarding authorized user

DaBears — Tue, 23 Apr 2013 00:53:56 GMT

you should get a nice bump

Re: Question regarding authorized user

doc101 — Tue, 23 Apr 2013 00:56:32 GMT

I sure hope so, thanks for the help

Re: Question regarding authorized user

DaBears — Tue, 23 Apr 2013 00:58:36 GMT

Anytime, that's why I'm here!!

Re: Question regarding authorized user

HiLine — Tue, 23 Apr 2013 02:40:49 GMT

What are your AAoA and length of credit history? If higher than the two cards in question, you may see a negative increase.

Re: Question regarding authorized user

doc101 — Wed, 24 Apr 2013 02:03:03 GMT

According to myfico, the AAoA is 4 years and length of credit history is 5 years