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Adding some one as an Authorized User, info please.

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ksantangelo23
Frequent Contributor

Re: Adding some one as an Authorized User, info please.


@enharu wrote:
@ksant, it depends on the lenders' policies. Some lenders, such as Chase, do not take into consideration any AU history. Whether they are able to tell the accounts are AU depends on how their systems are set up, but the info is there with the CRAs.

Fair point

AMEX Hilton Ascend: $55,000 | Chase Sapphire Reserve: $30,000 | PNC Points: $17,500 | AMEX BCE (AU): $18,000 | AMEX BCP: $15,000 | US Bank Cash+ $15,000 | AMEX Business Prime: $14,000 | AMEX SimplyCash: $12,000 | Capital One QS: $13,500 | Chase Business Ink: $12,000 | PNC Everyday (AU): $12,000 | JCPenny Store Card: $10,500 | Chase Slate: $9,400 | Capital One QS: $6,500 | (2nd) US Bank Cash+ (2nd): $7,500 | Discover IT: $6,000 | Chase Freedom: $3,500 | Auto Lease: $0/$21,000 | Auto Loan: $0/$18,000 |

TU: 818 EX: 809 EQ: 801

Message 11 of 16
Shellie
Valued Contributor

Re: Adding some one as an Authorized User, info please.

I would just like to add him to a card of mine to help boost his scores.  Ideally I would like to app for all his stuff before the year ends so by this time next year the Inq's wont be hurting when we get ready to apply for a house.  I am in the garden (again) and hope to stay that way for some time.  My final HP will be to join the CU. 

 

He has a lot of baddies to work so the only "rush" to improve his score is to app bf the year ends.  I feel fairly certain that he could get a CapOne with a $300 or $500 CL right now.  I got my first one at a 568.  I'd rather wait until his scores are a little better so maybe his would start with a higher CL.

Message 12 of 16
mrmichaelscott
Established Member

Re: Adding some one as an Authorized User, info please.

Child support will NEVER report on credit reports unless it's late... so child support is NOT a good thing for lenders to see on credit report.  Therefore he has nothing positive on his credit report as of right now FYI.  If he tells you otherwise he's wrong

Message 13 of 16
Anonymous
Not applicable

Re: Adding some one as an Authorized User, info please.

When I was paying child support for my oldest son it was on my CR and it was all completely good standing. I had never been late..  They reported it every month. Then when I pulled my CR in May (he had turned 18) the whole line was gone.

Message 14 of 16
Shellie
Valued Contributor

Re: Adding some one as an Authorized User, info please.

I pulled his reports myself and his CS shows as a positive 'pays as agreed' account.  His CS IS helping his credit.

Message 15 of 16
sccredit
Valued Contributor

Re: Adding some one as an Authorized User, info please.


@mrmichaelscott wrote:

Child support will NEVER report on credit reports unless it's late... so child support is NOT a good thing for lenders to see on credit report.  Therefore he has nothing positive on his credit report as of right now FYI.  If he tells you otherwise he's wrong


Not true at all.  Every state is different and every county in every state has different policies.

Message 16 of 16
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