My wife is an authorized user on my Discover It card. Would it be hurt or eliminate her chances of getting her own Discover It account? I put her on my car to help build her limited credit (which it did tremendously) but I’m unsure of how it affects her chances of getting approved?
Her credit is currently in the 690’s with excellent payment history on her Credit One card and my Discover. Her total CL with her card and being an AU on my Discover and Sync Car Care card is $15,300 with 2% utilization, so I think she’d qualify otherwise.
It wont hurt her chances of getting her own, nor will it help her get her own Discover
Run preapproval and see what pops up for her and go from there
I agree that it will neither help nor hurt her to get her own by being an AU on your Discover account, but if it raised her FICO scores up by being added it may actually help indirectly.
I'm saying that their algorithm looks at individual profile. She will stay as AU, score is not changed, but decision is based on her own profile.
They are not opposed to thin files providing there is some history (for unsecured cards)
Have you tried the prequal yet?