Authorized user or AU is a method to improve credit score. It is called also as piggy backing. It works by registering your name to be one of the authorized users of someone else’s credit card. As a cardholder, even only as supplement card holder, the sponsor credit card history will appear in your credit report.
This method will be successful when the sponsor credit card in piggy backing has a good credit history. For example, it is a Citibank gold card which has been used for ten years with outstanding credit of only 30% of total limit. But how is it to find someone who could trust you so much to be his or her card holder?
Piggybacking is a great and fast way for credit score improvement. The main point in piggy backing is your purpose is limited to be listed in someone’s credit card holder, NOT to ask the card physically and use it to buy something. You can explain this aspect to your friends, family or your rich boss. It will not cost him or her nothing but his time to fill the form of supplemental card request, send to his bank. He can always keep the physical card for safety reason so you will assure him that you will not spend money on his name. For you the result is a successful step to fix credit.
It sounds easy to ask from your closes friends or family, but still it will reveal your personal problem in credit scoring. Asking for their help is like wearing a printed t-shirts “I Am in Financial Problem”. If you want to go confidential with piggybacking, you can use the credit scoring repair consultant. They will certainly charge you for meeting you up with a credit card holder with a good credit history, as well as fee you should pay for the owner of credit card for letting you listed in his card holders.
This post written by Phillip Thow
Posted in 
Tags: 