Authorized user
I want to add my partner to my credit cards. I have a high 700-low 800 score and they are in the 500s
I am not too worried about their spending habits because I watch those accounts like a hawk and it wouldn’t get too crazy. If anything happens, I can easily take them off. I mainly want to do this to help their credit since I have about 30k and maybe 1% utilization because I pay it off each month.
I just want to know if there is anything I’m not aware off. Could this impact my credit negatively?
At the end of the day, this will be temporary and I want to know if it’ll work.