Need to answer mom quickly... I have marginal/bad credit right now and I am in the process of trying to rebuild/improve post Ch7 BK. My mother offered to add my name to her credit card (she has impeccable credit) if it would help me. Will this help my credit? By a lot or insignificantly? FYI...its a CHASE credit card with a $15k limit. She only has $5k balance transfer on it. Should I do it?? THanks so much!! 6 months post BK 7 Equifax=602
Read up on Authorized User or AU...do a search, I've seen nothing but positives on it as long as you understand if her card history tanks, yours will too and if you actually get the card itself, she has a risk as well. Go for it! I wish my DH's parents would share some of theirs!
