If my father adds me to one of his credit cards as an authorized user is there any risk for his credit?
If your father is kind enough to add you to one of his credit cards to assist your credit repair effort it is a wonderful thing.… Read More
If your father is kind enough to add you to one of his credit cards to assist your credit repair effort it is a wonderful thing.… Read More
If you are considering incorporating an authorized account into your credit repair program you should see if a family member is willing to be the donor rather than purchasing the account.… Read More
Authorized user accounts are one of the fastest ways to get your credit repair program underway. The moment that the account shows up on your credit report your credit scores will respond.… Read More
Authorized user accounts are a great help with credit repair, at least as long as they are managed properly.… Read More
Good question. If you are going to ask a friend or family member to add you to one of their credit cards you should make sure that the subject credit card meets certain criteria.… Read More
Prior to the release of FICO 08 (the latest version of the FICO credit scoring model) Fair Isaac announced that they were going to end the benefit of all authorized user accounts by removing them from the credit score calculation.… Read More
There is almost always a way to get a quick and significant pop out of your credit scores. Everyone’s situation is different, but here are a few general credit repair tips that will get your scores moving the right way, and quickly.… Read More
Authorized user accounts are a potentially valuable credit repair tool for the reason that they have the unique ability to transfer their entire credit score value from one person to another.… Read More
It is very easy to set up an authorized user account, as long as you have a willing donor.… Read More
We do not suggest using authorized user accounts as a substitute for building your own credit. Authorized user accounts have their place in the credit repair process, but it should be limited to a supporting role.… Read More
Yes! Authorized user accounts can be a great boost to your credit repair effort. They are not the final long term solution to your credit rebuilding needs, but if you are sincerely trying to turn your credit around and want a little help getting your credit repair project underway, by all means, do it.… Read More