Recently, we read an article about adding tradelines to a loved one for valentines day. The point is that increasing someone’s credit score by adding them as an authorized user is romantic, indeed. But, much like an attorney telling newlyweds about prenuptial agreements, we’re going to take a different spin on this. We want to talk about the reality of adding someone as an authorized user and make sure you and the authorized user are set up for success.
*Adding someone to your credit card can help their credit score. However, it depends on many factors. In fact, it’s possible to hurt someone’s credit score by adding them to your credit card. Here’s what you need to know.
We’ve written many articles showing before and after results for tradelines and score impacts from adding authorized user accounts to credit reports. It doesn’t work in some circumstances (when there are too many negatives, for example). And, you can see hundreds of points of improvement in some circumstances (when you have little to no credit, for example).
Bankruptcy and tradelines was an often discussed topic on our forum. We discontinued our forum with our live chat, so our content needed a new home. Here are the two bankruptcy questions (answers… and comments).
When it comes to tradelines, people constantly ask how much their score will increase by adding tradelines and how long it will take to add those tradelines. We’ve written all sorts of content on this topic. We recently helped a friend of a friend and they were both blown away by the results.