How Authorized User Status Might Increase Your Credit Score
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- Опубліковано 21 лют 2018
- Welcome to my MissBeHelpful channel!
PATREON: / missbehelpful
In this video, I explain:
-what Authorized user Status means
-how it may or may not improve your score quickly by adding years to your age of credit
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’Til next time… PEACE!
Love your videos!
You answered all my questions. Thanks
Great video! I'm gonna try to use this strategy to help establish credit for me niece, who's still just a child.
Thanks so much this helps a lot
No problem!
Great video. Got my gpops and sister on my cards.
same lol
Thanks sm
When you become an authorized user of one specific card, dose any or all
other cards activity owned by the authorizer affect you as well when they gets reported to CRA? Thanks
Hi appreciate the info. Can we use more than one indiviudal or one person on their multiple cards. I am already being sponsored by one person but i was wondering if that person does not have another card can i get someone else to also add me on a card and continue with both cards?
THANKS
When we add an AU, do they have to call the bank to get the card active or can we cut up the card without contacting the bank and it will automatically report to the credit bureaus?
Thank you for sharing you knowledge. Can I be added as an authorized user to more that one person’s account?
Island Breeze yes you can! just be careful with too many hard inquiries at once - that’s not good for your score!
Thank you thank you thank
I’m an authorized user on a credit card that person wants me to to pay it off and she can close it will that affect my score
If someone has bad credit already. Then I add him as an authorized user on my card. Does that affect me?
Hey I’m a new subscriber! I have a question, most youtubers don’t tell you to check the persons credit usage and everything before becoming an AU on their card and while that’s probably common sense I moved too fast and my aunt utilization is 44% 😩😩😩 what should I do ? Does it help if I just make sure the utilization on my cards are under 10% ? By the way I love you channel 😉
I would have revoked her privileges
Authorized user is a good way to help your credit, that's how I got started! I actually just did a video How to Improve your Credit, as I have an 800. It's like a science haha :P Nice video and liking the hair :)
Really I’m an authorized user on a cc card that person wants me to pay it off then close it will that affect my score
just got added to my moms 3 credit cards her score is 760 and her limits are all above 15000 and my credit score is 560 what will my score jump up to?
Wow!
How could you make it a business if you have good credit. Helping others establish good credit?
I got added as an authorized user for 20k line in credit 6 months ago and it hasn’t showed up on my credit score
Brandon L add the owners address to your credit report
Does Chase report to credit bureaus for authorized users? I have chase cards and want to add my cousin on one card, so he can benefit from my credit score. Thanks.
lohengrinknight yes
Barclays did that to me. It doesn't report
Can you be an Authorized User on someone else's credit card with long history & amazing credit, but not use the card or spend with it, will it still boost my credit? I have little to no credit 632
Yes,it will boost your score.
Hello, I'm thinking about adding my brother to my Bank of America Cash Rewards Credit Card to help him build his credit. However, I've only had my card for 2 years. Do you think it will help improve his credit at all?
If he doesn't have any Derog on his acct...
If you are an authorized user say on your grandmas account, is that being reported to the credit bureau??
Love your videos, any advice how to get a repo off my report?
I get this question a lot - but unless there is a fraudulent or incorrect piece involved, they won't just remove it. Lots of hackers and fakes will promise to remove it but they just send dispute letters on your behalf and it is generally not possible to remove negative information if it is 100% correct. Best effort you can make is to file a dispute to the credit bureaus and see if they respond or remove it. Good luck!
@@missbehelpful I love it, thanks for the reply. I'll try to file a dispute and respond back to you keeping you updated. Keep making great content, still watching all your videos!
@@missbehelpful I just became an authorized user with First Premier Bank, I called them today and they said they don't take my address or social security number. They said they report once a month to the credit agencies. I'm stuck, not sure what to do next. Any help would be appreciated. Also I haven't activated the card either, I don't really want to but is it necessary? Thanks keep making great content!
That’s my girl she just don’t know it yet lol
Thank you for the info yanelly !
do yo thang bro😎
Damm bro you got lucky
she got a boyfriend you dumbo
Like Michael Scott told Jim, she ain't married
Your sassiness made me subscribe lol
I have an extremely urgent question I'm trying not to be homeless right now. I became disabled which screwed my credit up because of doctors bills. I don't know a whole hell of a lot but I don't have positive credit either right now. I have a friend with overall good credit but he doesn't carry credit cards he pays loans Etc so you his positive credit but no credit card he offered to take out a credit card and put me on as authorized user to help me. Would this still help even though it's a brand new card and he has no history with that card? Did they simply go by your credit history or by that specific card? I hope you see this because I am literally almost homeless
Aw wow. How’ve you been holding up in recent times? May by God’s grace, and yourself, you’re doing okay.
By what you mentioned, anyone with good credit hoping to help you is a pretty great start. It’s like piggybacking with someone you hopefully trust & in good standing. It’s just important who it’s with, and the general details of how it works (for authorized users & payee/primary cardholder).
The thing is, if new to a card, having no history there, they will likely check credit & that new card history I believe Or the primary cardholder will need to give access to have an authorized user (so they request for it), and surely access can be granted.
I remember getting notified when someone I know was opening a new card, they promote authorized users all the time. So it’s surely not a problem. - It just needs to be opened first. And then add the authorized user after having the active card. 💯🙏🏼 *Does not automatically have a person/authorized user included in the *application process - It’s after an opened, active card. ✅
I hope this helped in anyway, well regards. This is simply from the bits of information I’ve informed myself too, as I’m also learning as I go about credit and finance.
I’m a fan of long hair myself but I think your new cut looks great on you. Then again you probably look good with any style cut you rock.
My bro just turned 18 and I added him to my credit card WF so could start credit. They didn't ask for his SS so how would it help his credit?
They need the SS to report it to his credit profile. Call them up and ask them about that.
i have a question my mom just added me as a authorize user i have no credit as soon as she added me my score went up to 660 does this mean i can apply for a car loan now or is my credit score to new?
I think it has to be established but I could be wrong did you figure out the answer? Because I’m in the same exact situation, birthdays coming in 20 days exactly and I’m looking to become a AU on my moms account to get her credit score so I can take out a car loan to get my GT or Scat charger
Do you know what card she added you on?
I was actually asked to do this for a person to buy a house wouldn't he have to use the card himself to get history
Question i have someone who have 7years on a capital one credit card credit limit 2500 but she in the hole 2100 because hard times so i iffer to help her pay it off or down to zero balance to become a authorized user should I yes or no i want it because of the age of the account whats your honest opinion
I wouldn’t do it. She falls on hard times again you’re screwed
You’re better off putting that money into a secured card as collateral so in 6 months to a year of good payments you’ll get approved for an unsecured card
Is this posible with capital one?
Jordan Jorge yes sir
Hello! Im soon to be a authorized user, i just have one question, will i inherit the primary holders credit balance for her whole entire credit cards or just the card that she added me in? thanks!
iilovericeLEL Just the card that you’re an authorized user for! Good question!
MissBeHelpful thanks! and awwwww thats too bad. im getting a chase slate, i wonder how much is the limit will be! cant wait to apply everything i learned from you for my 1st credit card!
@@missbehelpful The card owner are not accoutable of my behavior with other accounts, just the one shared?
I just become authorized user last week and i checked credit score and history i didnt see any changes ?
So what happened
It will take a few weeks
Notification Squad
Do any of your credit cards have an annual fee? I ask because I have an American Express card but it has to now and you’re free so I’m wondering if I should get rid of it.
Eduardo Iniestra screw annual fees. I’ve never paid a penny to own any of my cards haha
I just call and ask them to waive it. They do and always say this is a 1 time courtesy. I messed up getting a capital 1 card and overlooked the annual fee part. Yup silly me, will never get a card with annual fees, at the same time not gonna cancel right away.
Can someone be an authorized user on more than one credit card?
Yes
How long should you be an authorize user on someone else's card?
Long enought to get you 2 or 3 cards. Apply for what you need the second it hits
@@curtisj2002 Do I give the original user back his card?
You never shouldve had a card. All you needed was it to hit your report after that you get your own card.. lookup paydex scorr ehen you're ready to level up
Great advice. I felt hella salty when I added 2 amex AU accounts expecting a huge jump but only received a 5 point boost lol
Right!
But why
Its not about the points its the history
@@Heater1046 My mom added me to 3 cards with large credit amounts, but only a year history, but they only asked for my name and DOB, no ssn, how will it be reported to credit bureau.. ..
Ok, so when you become an authorized user under someone's account, and it gets approved, the authorized user gets a hard inquiry?
In some rare cases it might happen, but most of the time they don't pull their credit. They just add them without an inquiry.
0% fluff 100% facts... Intelligent as she is a Queen.
Thanks for watching and commenting!
Question? My wife credit is horrible, if I add her as a authorized user will her scores affect mine?
Deon H No, only what you do on that specific card will be added to her on vice versa
You’re so pretty! Love the knowledge
What about when im taken off as an authorized user? Does my credit go down after that?
No your scores will still be up. Our accounts stay on your credit and count for years just like any account.. Need to raise your credit scores fast? Call Us for your free consultation 702-758-3799
I lost 20 points, never again
plymobil but what was your total gain? Did you go up 80 points and only lose 20? Or did you go up 30/40 points and lose 20? Within 6/12 months you should have been growing your credit so that when you come off...youre good.
playmobil how’d that happen? Would appreciate any insight. Thank you
Which authorized user credit cards report the FULL HISTORY of the primary user to ALL THREE agencies?
Cap1, Bank of America, Discover
How long does it take to show on your credit report and does BOA report authorize users to the credit bureau?
7-14 days and yes
When the card comes who will it be addressed to? Will it be the AU name on mail or primary card holder's name?
Fygi Drea it will be in the AU name!
MissBeHelpful I know the card will be but when the mail comes will the envelope say the AU or the primary card holder?
Fygi Drea same - mail will say AU name
Thanks!!!!
Do not give the card to whom ever you add authorization to.
Will my authorized user's credit score affect mine if I add them to my credit card?
Good question! No it will not. Just know that they will have a credit card that they can use to spend money on your credit card account so make sure they don't make purchases like crazy. One thing I did was add my brother as authorized user and then take the credit card from him so he cannot use it. Helped his credit and I can sleep better at night knowing that he will not ruin my credit or put me in debt haha
@@missbehelpful great idea! Haha I'm actually trying to help my sister out so I might just lock the card in a safe lol. Thanks for all the great info
Love the new haircut!•*^,^*•!💇 , #MissBeHelpfulLife2018🇺🇸
I JUST added my 7 year old son as an authorized user on my credit card yesterday !!!
what card did you add your son to. trying to build my 12yr old daughters credit
@@patiencedad Greetings. It is a Capitol One Credit Card. They are great and it's a great way to start our children off strong
@@thomasthorne4010 Mahalos
I google it and Capital One , Chase ir Bank of America does not have age limit for authorized user. Children’s of any age can be added.
@@nenahefren
It's one of the BEST THINGS a parent ......a responsible parent, could ever do for their child's financial future. Plus, when he turns 21, I'm gonna give a check for $10,000 as .......starter seed money. We gotta send our children off into adulthood correct.
#therichestmaninbabylon
Now you know
I just added someone with a terrible credit score to my account as an authorized user they went up 50 points instantly. And they had 4 derogatory marks on their score already 😒
Does it affect your credit score if they miss there payments and what not?
I was an authorized user on my mom’s card, I did not receive a card. I think the primary account holder has to authorize that first. Anyone she paid a certain amount off and my credit score shot up.
But i asked to be taken off because she has high credit utilization, and I lost like 20 points after I got off her card. Lmao 😩😩
My aunt has high utilization and I was wondering if I stay an authorized user but make MY credit card usage under 10% will that help 🤔
@@YungTrss
stay on her card if your length of credit history is low.
My mom’s card was about 7 years...so that’s probably why i lost points.
Excellent, this is my next step. I'm coming from a 535 and bumped it to 629 just by applying for a low limit CC and following your credit card utilization. My next step I think will be piggybacking from my mom. Who has an 800+ score. And a Master card for over 20yrs. My question is, does the utilization works the same as my other CC? She barely uses this Master card.
I would let your mom hold onto that card. You just manage your own card. Try to stay below 30% utilization. Your mom probably makes payments on time which will help you if she adds you as a AU.
@@thenotoriousvlog5986 wep@ I'm at 765 now! Just like you said kept it below 25% and a few increases on the amount.
@@AB_thingsDFW nice 👍🏽
Hi , I have a family member that has great credit what information do you need to add me on . Thank you love your videos
They would just call the CC company and request to add you.You provide your name, DOB & SSN. It’s easy.
I'm trying to add my 1 year old daughter as an authorized user on my chase freedom unlimited but it doesn't give me an option to add her social security number. How will her credit get boosted if the card will not even be attached to her social? I've called chase and they say to contact the credit bureaus and the credit bureaus say to call chase lol
What a mess! I would imagine this is a Chase issue because when I added my little brother as an authorized user to my card they did ask for his name, DOB and SSN within the bank website so I would suggest continuing to ask to speak to a Chase manager until they give you a clear explanation. Good luck and let me know what happens!
They need to be 13 years or older
I dont understand. I thought that if added to someone else's account. That the person who has bad credit would not affect the person who is putting you on their account....
So if I’m the primary account holder & I add an authorized user who has bad credit history’s will it affect my score?/my reputation with the credit bureau ?
If planning to become an authorized user make sure the balance is zero before they remove you from their card or your score will drop especially if that card has a ton of history
You mean as authorized user you have to pay off any debt you have from your side before them removing you? So what if you haven't used the card and you haven't had any debt left and it's 0 balance, does it still count against you?
@@mairu86 good question i want to know too
I only have 5 months history . So if they person have 7 years would it help me?
Yup
Yup but not with Amex. You could go from having no credit to having 7 years of history in a day
Amex does not back date history so stay away from using amex!
Bruh just added myself w my dad
Ayub M. Did your credit go up? I just got added on my dads Amex today
@@ayubm.6155what did you find to be the case?
They will still affect utilization
🤦🏾♂️ you don’t get a hard inquiry for becoming an authorized user ! You literally just get added to someone’s card ! I’ve done it multiple times
Thank you, for confirming that, that's what I thought too. I think that was not accurate information. That information she said made me all anxious lol
Bruh she so cute lol, thanks for the video
Facts
being added as a Authorized user dropped my score 90pts, but when I added my wife to my card as a user her score increased 96pts. Can you explain, and should I just have myself removed from her account as a authorized user and see my score go back up?
Sean Jenkins Maybe she has bad credit?
I would like to know the rules and regulations on an e-bike and scooters how fast can you get them to go on the road out getting in trouble do you need driver license or do you need a motorcycle license can you get a speeding ticket or can you get any type of tickets I'm driving electric device
Hey Genelia
How can I check credit score? It's poor, good or excellent
Jessyca Johnson
Thank you so much...
I checked on My Fico it is 715-765. Is it a good credit score or bad?
That's a good score!
Are you that same girl that dates that black Actor guy on Facebook named Tay Lindsey?
So beautiful. Omg most beautiful thing I ever seen
What’s the benefit for the primary user?
Feel good about helping someone out!
Nothing. It does nothing positive or negative to your score to my knowledge. Financially it could benefit you if you charge someone for letting them be an authorized user lmao
Million dollar question i been looking for lol
@@MykieDYDSS hahahaha
:*
You are so pretty
How many Authorize Users can be added on a credit card??
It varies from card to card
Is this about authorizedusers.com? I’m trying to see if this is a scam or not
She is beautiful! I’m sorry but I had to watch this 3 times before I was able to pay any attention to why I watched this video in the first place.. Smh beautiful smile!
She is soooo gorg I instantly subbed
Bro you fine as helllll I have no idea what this video was about
You legit called her bro
You have no game bro
You called her bro? You a bum.
You are very good looking 👍🤑
Can I be your authorized user?
What is she talking
Does she even know?
Sounds kinda like Cardi b great info
im here cuz I have a crush on you
She's cute aha
So beautiful 😋
Are you a parking ticket? ‘Cause you’ve got fine written all over you.
Actually, both are responsible.
Wrong
@@CraDejaC No. I'm correct.
Rob Baker Primary Account Holder is definitely financially responsible . Legally, AU aren’t . It is the primary account holder’s responsibility .
@@CraDejaC thats not accurate. Anyone on that account is responsible.
It's almost like girls blabber toooo much
She should shut up & talk on point