Become an authorized user on a credit card.
A reader writes in looking for advice on whether or not
becoming an authorized user on a credit card will help his credit scores.
Become an authorized user on a credit card.
Become an authorized user on a credit card owned by a family member or spouse.
Not exact matches
You can, however,
become an
authorized user on a parent's account in order to build out your
credit reports before you qualify for a student
credit card.
Authorized user: If you're not able to get a co-signer, another option is to ask if you can become an authorized user on a family member's cr
Authorized user: If you're not able to get a co-signer, another option is to ask if you can
become an
authorized user on a family member's cr
authorized user on a family member's
credit card.
If you don't have the requirements necessary to obtain a
credit card, one option available to you is
becoming an
authorized user on someone else's account.
Most immigrants and international students may be able to apply for secured
credit cards or
become authorized users on somebody else's account.
Authorized user: Another way for you to get a credit card after bankruptcy is to become an authorized user on a card account belonging to someone else, such as a partner, parent or close fami
Authorized user: Another way for you to get a
credit card after bankruptcy is to
become an
authorized user on a card account belonging to someone else, such as a partner, parent or close fami
authorized user on a
card account belonging to someone else, such as a partner, parent or close family member.
To get the most
credit - building power,
become an
authorized user on a
card that has a high limit, low balance, and long, positive payment history.
You can also
become an
authorized user on someone else's
credit card to build
credit.
If you have family members with good
credit, perhaps you can
become an
authorized user on one or more of their
credit cards.
You can also
become an
authorized user on your parents» or spouse's
credit card, if they have good
credit, to benefit off their
on - time payments and ride the wave to a better
credit score.
Simply ask to
become an
authorized user on someone else's
credit card account.
If you're under 18, you can
become an
authorized user on an adult's
credit card.
Alternatively, you could obtain a
credit card with another person as your co-signer or
become an
authorized user on somebody else's account.
If someone close to you, such as a relative or spouse, has a
credit card you can
become an
authorized user on their account, if they agree to that.
Another option is to
become an
authorized user on someone's
credit card who has good
credit and an established
credit history.
There are risks in
becoming an
authorized user on someone else's
credit card accounts.
Along with the clear benefits of adding positive
credit history to anyone's
credit score,
becoming an
authorized user on a
card with a not - so - positive track record that includes late payments or high utilization can lead to more problems than additional score points.
These steps are getting a
credit builder loan, getting a student loan,
becoming an
authorized user on another person's
credit card, getting your rental payments reported, and ensuring mistakes are removed from your
credit report.
A more practical way of seeking help from others to build your
credit quickly — especially if you qualify for none of the options
on this list — is to
become an
authorized user on another's
credit card.
Hi Darius, A reader
on another travel blog posted that if you
become an
authorized user on someone else's
card, and if that person has a long
credit history with that
card, this will automatically increase the average length of time of your
credit card history.
If you're not eligible for a student
credit card, see whether you can
become an
authorized user on a parent's
card.
Becoming an
authorized user on someone else's
credit card account can improve your
credit score.
Become an
authorized user —
Becoming an
authorized user on certain accounts with a friend or family member's old
credit card can give a boost to your
credit.
If you
become an
authorized user on someone else's
credit card, you'll be issued a
card with your name
on it that you can use to make purchases.
Some personal finance gurus recommend you
become and «
authorized user»
on someone else's
credit card that has a long
credit history, but I do not recommend this!
While opening a
credit card in your own name is the most direct way to be sure that
credit account factors into your history, another option is to
become an
authorized user on one of your parents»
credit card accounts.
If you prefer a traditional - type
credit card, another solution is to
become an
authorized user on another person's account.
Students can
become authorized users on a parental account or use parents as a co-signor
on the student - oriented
credit card.
Another good way to get
credit is to
become an
authorized user on someone else's
credit card.
If you want to be considered
credit worthy by lenders, start by getting a secured
credit card or
become an
authorized user on someone else's
card.
Without any other
credit of her own, her score will simply disappear until she either opens a new account of her own or
becomes an
authorized user on another
card.
You could also
become an
authorized user on some else's
credit card to start rebuilding
credit.
Though most, if not all, lenders won't give you your own
credit card until you turn eighteen, you can get a
credit card by
becoming an
authorized user on someone else's account.
There are several ways to start building a good
credit history, most notably by
becoming an
authorized user on another's credit card... (See Author
authorized user on another's
credit card... (See
AuthorizedAuthorized user)
Jeremy M. Simon:
Authorized user's bad credit won't hurt primary cardholder — A reader with bad credit worries that becoming an authorized user on her friend's credit card with lower her friend's cre
Authorized user's bad
credit won't hurt primary cardholder — A reader with bad
credit worries that
becoming an
authorized user on her friend's credit card with lower her friend's cre
authorized user on her friend's
credit card with lower her friend's
credit score.
Jeremy M. Simon:
Authorized user's bad credit won't hurt primary cardholder — A reader with bad credit worries that becoming an authorized user on her friend's credit card with lower her friend's cre
Authorized user's bad
credit won't hurt primary cardholder — A reader with bad
credit worries that
becoming an
authorized user on her friend's credit card with lower her friend's cre
authorized user on her friend's
credit card with lower her friend's
credit score.
The biggest risk to being an
authorized user is that, if the account holder gets into trouble with the
credit card account, that could have a negative impact
on your
credit score, so don't take
becoming an
authorized user lightly.
An alternative to having your own
credit card is requesting to
become an
authorized user on someone else's
card.
(You can also get a retail
credit card or ask to
become an
authorized user on someone else's
credit card, but getting your own is the easiest and one of those things that says «I'm an adult now!».)
Remember, unlike
becoming an
authorized user on someone else's
credit card, here you'd be inviting someone to join your own car insurance policy.