@Anonymous wrote:
It depends on the scoring model.
The scoring model does not change the data on the credit report. How the TL is reported depends on how the creditor reports. CK and myFICO may present the data differently but the report data is the same.
@Anonymous wrote:
Does bank of america let AU's inherit payment history?
With most creditors the AU's get the payment history ot the TL. That said, not all creditors and scoring models/situations consider accounts where one is an AU so one really needs to build on'es own TL's.
AmEx is a bit unusual in how they handle AU's and how the TL's report for the AU's. What the OP experienced is normal for AmEx.
@Anonymous wrote:
I dont know how this Amex "backdating" worked and don't understand why everyone rode them so hard for it when it seems Discover and Capital One do the same.
They're not the same at all. As stated above, being an AU is not always of benefit as such TL's are not always considered. Backdating is always considered since backdated accounts belong to the individual. Backdating means that the account reports as opened prior to the date it was actually opened but a newly opened backdated account won't have any payment history whereas a TL where one is added as an AU will probably have payment history. It may seem that being an AU is a better deal but the creditors and scoring models have long been aware that people have been trying to piggyback and that's why such accounts are not always considered.
In any case, it really doesn't matter much since backdating is no longer available.
