On Sunday I called an uncle and asked him if he would add me as an authorized user on an account. I asked him to pick his oldest that had the highest limit. He said he would call and ask them about it. He has lived up in the hills for many many years, and though he had an income, he had no need for credit and says his credit score is low because he doesn't use credit. That wouldn't affect me, right? If I understand correctly, it would help me by adding utilization and age of account, which would increase my score for those reasons.
I said I shouldn't be a co-owner, but authorized user. Did I give him the right information?
Told him they would also need to report it to the credit agencies.
Dooubt it will help me in time for a mortgage in 1-2 weeks, though.
So afraid I won't qualify for a mortgage...
Though I deserve A+ for all the hours of effort I have put in.
4/25/11 FICO: EQ 761....EX 770.....TU 744
3/6/2011 FICO: EQ 710... EX 718... TU 710
09/09 FICO: EQ: 525
