top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Capital One Authorized User

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    Capital One Authorized User

    Just thought I would offer this bit of knowledge ( sure it has already been said) since you all have been so kind to me with your advice and support..

    If you are added onto a Capital One account as a Authorized User, That persons ( the account holder) past credit history will be added onto your credit report.. This goes for negative items as well on the Capital One tradeline as well..

    I was able to raise my wifes credit score by over 50 points adding two tradelines with 5 year payment history to her credit report..

    Now she will be adding me to hers after my BK is through.. Of course I removed her from my Capital One accounts prior to my financial issues.. So the bad stuff wouldnt be reported on her credit reports.

    I put this in BK7 forum as well.. Then realized I should have put it here.. Sorry
    Tags: None
    #2
    no problem. can never get too much good advice
    Im not an attorney or a trustee. You cant trust me either though!

    [x] - Done with 341? Join the 60 Day Club! ___________[x] - Im Discharged! Whoo Hooo!
    [x] - Poll: Should I File Pro-Se ____________________[x] - New BK Law: Median Income, Means Testing and Presumptive Abuse
    [x] - Zombie Debt Collectors Dig Up Your Old Mistakes _-[x] - Bankruptcy Law Resource
    [x] - Need A Fast Answer? Available 24/7!--__________[x] - Dont Be A Hero On Your Budget - You Wont Get An Award!

    Comment

      #3
      AU accounts can be good for re-establishing credit, or adding to a thin credit file.

      Thanks for posting about Cap1-not all creditors report to the CRA's and I had not been able to get a clear answer about Cap1. DH & I are trying to maximize things-by 'sharing' accounts. He got a $500 limit Cap1, $19 annual fee, and we'll probably add me to it. (Each getting 2-3 accounts can turn into 4-6 tradelines for the 2 of us...)
      Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

      Comment

        #4
        can i be added too since im pumpkins true daddy?

        still waiting for her pic to be put back up!
        Im not an attorney or a trustee. You cant trust me either though!

        [x] - Done with 341? Join the 60 Day Club! ___________[x] - Im Discharged! Whoo Hooo!
        [x] - Poll: Should I File Pro-Se ____________________[x] - New BK Law: Median Income, Means Testing and Presumptive Abuse
        [x] - Zombie Debt Collectors Dig Up Your Old Mistakes _-[x] - Bankruptcy Law Resource
        [x] - Need A Fast Answer? Available 24/7!--__________[x] - Dont Be A Hero On Your Budget - You Wont Get An Award!

        Comment

          #5
          I might have to post the before & after pics...

          You have to get your own Cap1. I'm not going to suggest that Dh add 'Bkfiler' who resides at www.bankruptcyforum.com to the card.

          Originally posted by bkfiler
          can i be added too since im pumpkins true daddy?

          still waiting for her pic to be put back up!
          Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

          Comment

            #6
            Originally posted by StaciMM
            I might have to post the before & after pics...

            You have to get your own Cap1. I'm not going to suggest that Dh add 'Bkfiler' who resides at www.bankruptcyforum.com to the card.

            Comment

              #7
              To explain the before & after comment... My 4 year old found a pair of scissors yesterday and cut her hair. I evened it out, but it is SHORT.
              Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

              Comment

                #8
                hows she doing with her new hair style?
                Im not an attorney or a trustee. You cant trust me either though!

                [x] - Done with 341? Join the 60 Day Club! ___________[x] - Im Discharged! Whoo Hooo!
                [x] - Poll: Should I File Pro-Se ____________________[x] - New BK Law: Median Income, Means Testing and Presumptive Abuse
                [x] - Zombie Debt Collectors Dig Up Your Old Mistakes _-[x] - Bankruptcy Law Resource
                [x] - Need A Fast Answer? Available 24/7!--__________[x] - Dont Be A Hero On Your Budget - You Wont Get An Award!

                Comment

                  #9
                  She is fine-kids get over things easily. Now, when you ask her where her hair is-she says its on the top of her head. If you ask her where the rest is, she says she doesn't know...
                  Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

                  Comment

                    #10
                    did you save a lock of it for when she turns 30 and has her own baby? try to save a thing a year for them each. its fun and precious for them when they get older.

                    i still have my bwankie with snot on it!
                    Im not an attorney or a trustee. You cant trust me either though!

                    [x] - Done with 341? Join the 60 Day Club! ___________[x] - Im Discharged! Whoo Hooo!
                    [x] - Poll: Should I File Pro-Se ____________________[x] - New BK Law: Median Income, Means Testing and Presumptive Abuse
                    [x] - Zombie Debt Collectors Dig Up Your Old Mistakes _-[x] - Bankruptcy Law Resource
                    [x] - Need A Fast Answer? Available 24/7!--__________[x] - Dont Be A Hero On Your Budget - You Wont Get An Award!

                    Comment

                      #11
                      Funny thing is I had authorized users on my Capital One credit card that was included in my BK.. But I had taken them off a month prior to me stopping payments... capital one still shows good payment history on them but last reported like in 5/05 and thats it no more reporting.. just says open acct good standing.. how can this be ? Should they call to close it out with Capital one and has anyone have this happen. My friend actually never used her card I had cancelled it month after I had added her. That was to help her credit but Who knew I was going BK Rupt..
                      DISCHARGED Case CLOSED = 01/03/2006
                      Credit Cards
                      Washingon Mutual 3000.00
                      HSBC 1600.00

                      Comment

                        #12
                        They should not call and ask that the account be closed as long as it is still reporting as a positive tradeline

                        Comment

                          #13
                          Last report is 5/05 no other activity since then but still open..
                          DISCHARGED Case CLOSED = 01/03/2006
                          Credit Cards
                          Washingon Mutual 3000.00
                          HSBC 1600.00

                          Comment

                          Previous template Next

                          bottom Ad Widget

                          Collapse
                          Working...
                          X