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Big Boost after becoming an AU

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RonM21
Valued Contributor

Re: Big Boost after becoming an AU

Right. While it's good when the other user is on top of their game with the card, it can get ugly really quick for you if they start having issues.


Total CL: $321.7kUTL: 2%AAoA: 7.0yrsBaddies: 0Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

BoA-55k | NFCU-45k | AMEX-42k | DISC-40.6k | PENFED-38.4k | LOWES-35k | ALLIANT-25k | CITI-15.7k | BARCLAYS-15k | CHASE-10k

Message 11 of 14
Anonymous
Not applicable

Re: Big Boost after becoming an AU


@Anonymous wrote:

TU got a 16 point bump this weekend after the new tradeline started reporting


And finally Experian reported a 16 point bump last night.

 

Question about AU reporting. When I apply for a new card are creditors able to see how long I have been an AU or just that I am an AU and the history of the entire account?

 

Thanks

Message 12 of 14
RobertEG
Legendary Contributor

Re: Big Boost after becoming an AU

Just remember that any score boost resulting from addition of an AU results in a score that no longer represents only your own credit history/risk analysis.

 

If a creditor does a manual review and realizes that your score is based in part on the credit history of another, they may choose to discount the value of that score in their decision-making.  They understand the AU game......

Message 13 of 14
EW800
Valued Contributor

Re: Big Boost after becoming an AU

I agree with Robert 100%. In the case of my daughter, who is an AU on one of my Amex accounts, the opening date of the account is before she was born! Sticks out like a sore thumb on manual review. Smiley Happy

Year 2012: All Scores in the 520 range, during a foreclosure, CC Settlement and high UTIL. Very ugly days...
April 2024: EX8: 839; EQ8: 845; TU8: 842 -- Middle Mortgage Score: 822
In My Wallet: Discover $73.7K; Cap1 Venture $51.7K; Amex ED $38K; Amex Optima $2.5K; Amex Delta Gold $18K; Citi Costco $24.5K; Cap1 Plat $8.4K; Barclay $7K; Chase Amazon $6K; BoA Plat $21.6K; Citi TY Pref $22K; US Bank $4K; Dell $5K; Care Credit $6.5K. Total Revolving CL: $300K+
My UTIL: Less than 1% - Only allow about $20 a month to report, on one account. .
Message 14 of 14
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