I know that supposedly in September being an AU won't help your credit score any more (at least with 1 CRA). However, I don't see the harm in becoming an AU with my two brothers, and see what happens. Here's the issue, though. With one brother, everything's fine and I will receive a card as an AU. With the other brother, they have two credit cards with limits of about $35,000, but each card has about a $10,000 balance. I've read that 15% balance was good, but these are about 30%. I wonder if this will help or hurt? Also, the second brother also has a line of credit on their house. They have a Visa credit card they can use to spend this line of credit. They only use it for emergencies, so have a zero balance (with a nice $200,000 loc). Any idea whether they can add an AU on an account like this? Seems like it would do wonders for my credit if AU's can be done. I know it is obvious that she should just call the bank and ask them, but I thought I'd ask here, too. Thanks! bushka
While we can't tell what the outcome of the software rewrites will end up doing to authorized users, I tend to think that as long as the last names are the same there might not be any harm in becoming an AU but if the last names are not the same then it might be good and might not. Hard to tell at this point and it may be a year or so before we can really tell.
No, I really don't but if you are talking about a credit card account then the answer may well be that you can.
