Also, will my poor credit pull down HER SCORE if she adds me? The CC in question is a low credit Master Card. What if she adds me as an authorized payor to her mortgage payment? Will that help my credit score?
2007-02-23 04:42:58 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit
Adding you to the Master Card can help you. I've seen people do this before and it really does help your score as long as you keep the balance low or paid off and make all monthly payments on time.
Being an authorized payor on her mortgage isn't going to do anything. Even I could walk into her mortgage company and make her payments.
2007-02-23 04:52:36 · answer #1 · answered by Faye H 6 · 0⤊ 0⤋
If she adds you to her credit card as an additional card holder, it does not affect your credit, however, anything you do with that card will be reflected in her credit report and score. If you were married, it would affect the both of you, and if you are added as a joint account holder it will also affect the both of you in the same way. Same with the mortgage. If she adds you as an authorized payer, that doesn't affect your score, it's just giving you permission to pay her mortgage. Good luck.
2007-02-23 04:53:05 · answer #2 · answered by Kristy ♪♫♪ 3 · 0⤊ 0⤋
You could hurt her score. Her good score will not make yours better if you are just an authorized user.
2007-02-23 04:50:29 · answer #3 · answered by Nelson_DeVon 7 · 1⤊ 0⤋