HOMEBUYER TIP: WAYS TO IMPROVE CREDIT SCORE #5

BECOME AN AUTHORIZED USER

authorized user

Being an “authorized user” means someone adds you to their credit card account. Don’t be surprised if your friends and/or family members say no, especially if they know you’ve been irresponsible with credit. The point, show them you are responsible.

HOW TO IMPROVE YOUR CREDIT SCORE? Become an “authorized user“. This can help you build or rebuild your credit. Note that not all credit card issuers report authorized users’ activity to credit bureaus. So make sure that being added to someone’s account actually does something to build your credit. Check with the credit card issuer first.

See HOMEBUYER TIP: WAYS TO IMPROVE CREDIT SCORE #4

 

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