I would not take on an AU account that's at near maxed out utilization. You said your AoOA won't be dropping dramatically for another 6 months or so. That gives the primary on the account that you're considering becoming an AU to a solid 6 months to pay down that utilization. If they can accomplish this, sure thing and add the account at that time. For now though, no need really IMO and it would do more harm than good.
Hey man - I really appreciate the feedback! But you told me something different in another thread. Which is it? I'm genuinely asking your opinion.
I have actually ran across another scenario that might work. My fiancé has a Capital 1 that we have both contributed to running up the balance on. Well I’ve told her that I planned on getting that balance paid up being that I used it as well.
So hear me out on this scenario. Add myself as an AU to her card. She has a $8500 CL. I will pay it down to $0 this month as I promised her anyways. She’s has around 2 year history with perfect payment history.
Let my DM card report on Oct 30 with 76% utilitization, 22 year perfect payment history, $4600 CL. If AU works I double the age of my oldest account and increase AAOA by 2 years with DM tradeline. Temporarily my score might take a hit.
Keep the rest of my revolvers at $0. Allow fiancé card to report on the November 23rd - 0% utilization, 2 year perfect payment history and $8500 CL. If FICO factors both AU’s I will have at most a 25% utilization by November. While not dropping maybe AAOA under 5 years. I’d actually go from 5.5 to 5.13 AAOA.
My fiancé and I plan to ask for CL increase on her Cap 1 card which we were granted 50% increase around 12 months ago. If they grant another increase that will further help utilization and allow DM time to get balance down.
This way I pay nothing towards DM card but can still capture her history to help leverage an app for an unsecured card. Then I can get rid of her card and garden. Furthermore I have NFCU SSL technique being reported for the first time on October 30th. I have no open installenent loans at this time. So that should give me another boost?
We want to start talking with lender in 2020 in order to buy our dream home. Thoughts?