Who Reports Authorized Credit Card Users?
Author: txQT
Posted: Sun May 07, 2006 2:32 pm
Post subject: Who reports Authorized Users?
My mom, just tried to add me on her Chase credit card as a AU, bt they don't report AUs. I didn't ask her if she had a BOFA card. She dosent have a lot of recent activity on her cards, she has a fico score in the high 800's , so whatever card I can get on will only be a plus for me in the future...any suggestions?
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Author: NightStar
Posted: Sun May 07, 2006 2:50 pm
Post subject:
Just have to call each of them individually and ask if they report AU accounts to all 3 credit reporting agencies.
Will make this a sticky and see what is contributed to this post for others to see.
_________________
Best Regards,
Pammila Phillis
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
Author: stopccdebt
Posted: Mon May 08, 2006 8:36 am
Post subject: authorized user
Technically, an authorized user should not be reported by any creditor. Only primary users (and coapplicants) are supposed to be reported to the credit bureaus. If she puts you on as a primary cardholder, then you would share equal responsibility for the account and be eligible for credit reporting from that creditor.
Over 80% of credit files contain errors though, so anything is possible.
_________________
Kenneth Long
Executive Director
Vision Credit Education, Inc.
Eliminate Credit Card Debt
Author: NightStar
Posted: Mon May 08, 2006 11:22 am
Post subject:
Well there are a lot of them out there that do report. And no it does not make the AU user responsible for the debt, unless they are using the card and have a verbal or written agreement with the owner of the account they would be responsible then to the owner not the credit card company.
I know for a fact Citi Bank offer AU account reporting.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Sun May 07, 2006 2:32 pm
Post subject: Who reports Authorized Users?
My mom, just tried to add me on her Chase credit card as a AU, bt they don't report AUs. I didn't ask her if she had a BOFA card. She dosent have a lot of recent activity on her cards, she has a fico score in the high 800's , so whatever card I can get on will only be a plus for me in the future...any suggestions?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: NightStar
Posted: Sun May 07, 2006 2:50 pm
Post subject:
Just have to call each of them individually and ask if they report AU accounts to all 3 credit reporting agencies.
Will make this a sticky and see what is contributed to this post for others to see.
_________________
Best Regards,
Pammila Phillis
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
Author: stopccdebt
Posted: Mon May 08, 2006 8:36 am
Post subject: authorized user
Technically, an authorized user should not be reported by any creditor. Only primary users (and coapplicants) are supposed to be reported to the credit bureaus. If she puts you on as a primary cardholder, then you would share equal responsibility for the account and be eligible for credit reporting from that creditor.
Over 80% of credit files contain errors though, so anything is possible.
_________________
Kenneth Long
Executive Director
Vision Credit Education, Inc.
Eliminate Credit Card Debt
Author: NightStar
Posted: Mon May 08, 2006 11:22 am
Post subject:
Well there are a lot of them out there that do report. And no it does not make the AU user responsible for the debt, unless they are using the card and have a verbal or written agreement with the owner of the account they would be responsible then to the owner not the credit card company.
I know for a fact Citi Bank offer AU account reporting.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 10:35 PM
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