Sentences with phrase «added as an authorized user»

Say your spouse has a credit card with little or no balance and a great payment history; if he or she agrees to add you as an authorized user, from a credit score point of view you automatically benefit from her card's available credit as well as her payment history.

You can ask someone to add you as an authorized user on a credit card.

While anybody can be added as an authorized user without a credit check, an issuer will look at the credit history of both co-signers before approving their application.

Some of the easiest ways to begin building credit are to ask a parent to add you as an authorized user on one of their credit cards or to apply for a secured credit card yourself.

If you have friends or family with excellent credit, ask them to add you as an authorized user to one or more accounts.

It's extremely important that you are not added as an authorized user to any personal cards.

If you have friends or family with excellent credit, ask them to add you as an authorized user to one or more accounts.

The one hiccup in his aggressive push for a higher credit score is getting added as an authorized user.

An authorized user does not need to qualify for a loan or credit card prior to being added as an authorized user.

Your request will be that the person should add you as an authorized user of his credit card.

For example, let's say your mom adds you as an authorized user today, and her statement date is in 3 days.

Make sure you trust the person who's adding you as an authorized user.

Pro Tip: If you have a spouse or family member that you trust, you can sometimes also earn a bonus for simply adding them as an authorized user to your own account.

Some banks will report date opened as the date the card was originally opened by a principal user, while others will report the date you were added as an authorized user;

I did some research and had my parents add me as an authorized user on their 15 year old Discover account 14k limit like two weeks ago.

Remember, they can make purchases at any time, but they are not directly responsible for making payments on the card, so you'll want to be very careful in choosing whom to add as an authorized user.

Access to these will be granted only to the primary account holder - employees who have been added as authorized users do not qualify.

I added her as an authorized user on 10/1 and all I gave AMEX was her name and date of birth.

If you have a spouse, parent, or another trusted family member or friend with good credit, have them add you as an authorized user to their credit accounts.

When someone adds you as an authorized user on their credit card, this card then shows up on your report as yours, while also remaining on their report as theirs.

However, finding someone you trust who is willing to add you as an authorized user will definitely help.

I wanted to have a credit file so my mom added me as an authorized user to her credit card.

The near - stranger may not have needed much information about you to add you as an authorized user.

Authorized User: You can ask a trusted family member or friend to add you as authorized user on a credit card — ideally with a high limit, low balance and positive payment history.

Some of the easiest ways to begin building credit are to ask a parent to add you as an authorized user on one of their credit cards or to apply for a secured credit card yourself.

Or, they can add you as an authorized user, where you are not responsible for any of the debt — and Mortgage FICO 5 will count the history as yours.

If I became an authorized user on my spouse's Visa card, would they use her start date for calculating my new average age, or would it be as of the date I was added as an authorized user?

But rather than being a co-signer or a joint cardholder, you're added as an authorized user.

This post originally appeared October 26, 2017 on CreditCards.com as ««Will adding myself as authorized user to spouse's card boost my score?»

Someone I hardly know added me as an authorized user on his credit account.

Instead, using and paying off a secured card each month or being added as an authorized user to a family member's or friend's credit card in good standing makes much better sense.

If you decide to use the method, make sure it is someone you know and trust (for example, Tonya's dad helped her), make sure the person has good credit and will add you as authorized user to a card with a good payment history and they have had the card for a while (length of credit history).

If you have a friend or family member who is willing to add you as an authorized user on their credit card, you can piggyback off their credit card activity to build your credit.

If your spouse or parents already have retail and major credit cards, ask them to add you as an authorized user to their account.

«Dear Steve, When my son was in school I added him as an authorized user on my Chase Credit card he is now 32 he bought a home and the credit report said he was a cosigner...

Get a parent to add you as an authorized user at age 16.

There are clear financial benefits to your child if you add them as an authorized user, as long as the card issuer reports these users to one of the three credit bureaus.

You can potentially give your credit a boost by having a friend or family member add you as an authorized user on their account.

Tip: As a young person wanting to establish a credit history, one option is to ask a responsible parent if you could be added as an authorized user on one of their cards.

You can be added as an authorized user on your spouse's account.

The most common way, and by far the best way, of getting approved for a first credit card is by being added as an authorized user to your parent's, spouse's, or friend's credit card.

If so, if I have only one card and have only had it for 1 year, and if my dad adds me as an authorized user to a card he's had for 29 years, will my average credit history actually increase to 15 years?

So long as I added myself as an authorized user when applying for credit cards in my wife's name, I never had any trouble handling all the phone communication with Chase, Citi or Bank of America.

When first starting out of course this is not easy; but this is where getting added as an Authorized User to another persons established credit comes in best.

If you are unable to open a new account of your own, have someone you know and trust add you as an authorized user on one of their credit cards they keep in good standing with a low balance.

His father added him as an authorized user to his credit card when Miltiades was younger and instilled in him the importance of paying the balance off on time every month.

If you are close with someone with good or excellent credit, you can always ask them to add you as an authorized user on their account.

If you are added as an authorized user on another person's account, you can enjoy the benefits of using the card without the official financial responsibility of paying the credit card's balance.

If you're a parent or a guardian of a teen who is under 18 years old, then you can get them a credit card by adding them as an authorized user to one of your existing cards.

If your parents or family member already have a credit card, they may be able to add you as an authorized user.