Hi, I have a question- I have built back my credit from bad to very good (732 FICO) over the past 3 years. I am soon going to apply for a mortgage with my boyfriend who has no credit to speak of. I recently added him as a cardholder on my Amex Blue account in the hope that this would help to establish for him some kind of credit history. Is it true that he will "inherit" my good credit history by being associated with me through the Amex card? He has only been a cradholder for two months and made two payments. I would appreciate any information on how I can help him get out from under the "no credit" (which seems to be viewed as negatively as bad credit) status. Thanks!
Becoming an authorized user is a good way to establish credit. Just an FYI - Amex does not report the CL for AUs, they report the high balance. Dani
