Adding Tradelines?

Discussion in 'Credit Talk' started by hawkfan11, May 20, 2009.

  1. hawkfan11

    hawkfan11 Member

    Is it possible to be added as an authorized user to too many accounts. I am thinking like four or five accounts with a good history and high limit with low balance? Thanks in advance for your thoughts.
     
  2. jlynn

    jlynn Well-Known Member

    The direct FICO score increase from AU lines goes down as the number of cards goes up. FICO likes to see a mix of credit, including retail, bank card and installments.
     
  3. apexcrsrv

    apexcrsrv Well-Known Member

    You can reach a plateau of sorts once you're added to accounts with considerable age and enough that your overall utilization is reduced to 35% or thereabout. A brute force methodology is not advisable and a waste of money. You need to see what you need in terms of added history and avaliable credit and add tradelines accordingly.
     

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