How does being an Authorized User on another person's account help or hurt your account?
Does it just count for available credit and utilization as if it were on your own credit?
Starting Score: EQ FICO 673 (/20/13) * 656 CK/TU (9/2013) * 711 Vantage (9/2013) * 632 CS (9/2013)
For the purpose of establishing or re-establishing credit AU is the quickest method assuming the primary account is seasoned, low util and free of baddies ie late pyts.
It can help with util if the bal/CL is sufficient and towards avail credit. You run into issues when the account is maxed /high util, history of baddies and if you have a thin file adding a relatively new TL might do more harm than good.
It can help with util if the bal/CL is sufficient and towards avail credit. You run into issues when the account is maxed /high util, history of baddies and if you have a thin file adding a relatively new TL might do more harm than good.
