My mom - who has EXCELLENT credit - just added me as an authorized user to her CHASE card that has a $14k limit. I am 6 months post BK discharge and desperately trying to improve my credit scores. Currently, I'm at 602 (Equifax) and all accounts are in good standing. 1. Am I reported to CRA's as an authorized user on the chase card now? 2. Will this help my credit? THANKS!!
Yes, Chase does report AR's as my husband has 2 Chase cards and I'm an AR on both and they both show up on all 3 CRA's. Having a good tradeline can only help your score! As long as your Mom pays it on time then it should help depending on your individual circumstances, etc...
