Authorized User question

[Anonymous]

I am adding myself on my wife's card as an authorized user.  It is 0 balance and been in good standing since 2002.  Never been late.  On my credit i have about 3% utilization.  I am also adding another card that she has and also has a 0 balance and never been late.  That card has been in good standings since 2004.  Will i gain any points out from adding this to my credit history?

Thanks,

[MidnightVoice]

Probably, unless it adversly affects your average age, but the effect will go away from most CRs later this year (Probably.  Maybe.  Possibly)

Message Edited by MidnightVoice on 03-06-2008 10:29 PM

[ngerasimatos]

I dont think so. Did you provide them your social and other information when adding yourself?

[Anonymous]

yes i did provide my SS#.  I dont really care that it goes away sometime this year, i need 9 points and i need it for about a month.

[ngerasimatos]

In that case, you may get your points. :-)

[Anonymous]

Zales and Jcpenney is what i am adding.  9 POINTS is all i need.  I did talk to someone to add about 2-3 points it is kinda cool but if you go and remove yourself from those credit card offers it does give you points

[ngerasimatos]

I have heard that, but also have been told its an "Urban Legend"

[Anonymous]

https://www.optoutprescreen.com .  Try it.  I was told by a credit fixr uper.  What every you call em.

Just make sure you opt out for 5 yrs.

Rick

[iltph]

I thought it was being changed so AUs are not factored in when calculating a FICO score due to companies starting to allow customers to "piggyback"? I thought it went into effect last Fall or maybe it's this Fall.

My sister has been an AU on my parent's BoA CC for six years, which has a CL of $15,000, has never been late and they both have a FICO score around 840. When she went to buy her car they said she didn't have any credit history. I would think if it made a difference being an AU, then there's no they way they would have denied her.

[Anonymous]

it has been talked about but i dont think it is completed yet.