If your wife has a lower FICO score will adding her as an authorized user or joint account holder have a negative effect on your FICO score?

In: Credit and Debit Cards

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Answer

No. The person who is the card holder is the person whose FICO score applies to. An authorized user/signer is in most cases not responsible for the debt, if the card holder defaults.

Answer

Actually, it can effect your score if your talking about a joint account. Authorized users aren't responsible for accounts, thus no reporting of that account will appear on their credit bureau.

If your wife has a bad account, late payment stuff like that. Then I would recommend not adding your name to her acccount. It will effect your score. But there will be no change to your score if you have her added to one of your accounts. Just make sure their good ones and everyone gets a boost.

First answer by Jason. Last edit by Jesse Dow. Question popularity: 39 [recommend question]

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