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).
If you’re on this page, you’re not simply looking to find out what the Ultra FICO score is. Instead, you’re probably wondering how the Ultra FICO score will evaluate authorized user tradelines. In other words, will tradelines for sale still work to increase your credit score under the new “ultra” version of a credit infamous FICO score? Will your credit score still increase if you add authorized user tradelines, even under the new so-called “ultra” FICO score?