Official Carleton H. Sheets^® Website

Most of you here have Carltons' course, and what does he teach you throught out his course? Be creative, right? well you can do the same with you credit score. I have a freind that just got back in touch with today and he worked for Trans Union for a few years I am finally getting him to level with me about how they do things. As I gain more info I will post things for everyone to review. Any way be creative here one idea i dont know if it works yet but im gonna try it.

It literally takes minutes and can take you from no credit to good credit. This procedure requires the trust of a friend or family member that has good credit. The prime candidate that you want is someone with a lifelong history of good credit. This person must have a credit card with a steady payment history, a large spending limit on that particular card, and a low balance; preferably no balance. The trick is to ask that person to add you as an authorized user and request an additional card to be issued to him/her in your name. Most credit card statements ask you every month on your statement if you wish to add an authorized user to your account at no charge. To limit liability and to guarantee that that you cannot jeopardize their credit rating tell that person to use their address on the application so you will never see the card. When the card arrives he/she can cut the card up and throw it away.

Now here is the good part: The account you were added to will automatically create a positive entry on your credit report. The beauty of this new positive entry on your report is that it will show the date that the account was opened instead of the date you actually applied for, therefore adding years of positive payment history and boosting your credit score overnight. There is no limit to the amount of accounts you can add to your credit. However, if any of these accounts ever go delinquent for any reason it will be reported as if it was yours. If that did happen; you as an authorized user have no legal obligation to pay or keep this item on your credit report. You can simply call the creditor and have the item removed by simply asking. The credit card company must comply by law and the item will be removed.

Now I still dont know if this works but if it does i'll let every one know

I don't think this works because my son who has excellent credit did this for me but it hasn't affected anything. We have purposely used it and paid according to terms and even in advance so it should have had a substantial impact. Authorized user is different than co-owner. I get a card but I'm not responsible if he defaults - they offer the other kind of card but I don't have it yet because they check your credit and ask all kinds of financial info.

I like the idea. I don't think it will work either. If it does work though I am going to find out. I will research this also. I will report back asap.
I got so many credit websites saves in my favorites with different info regarding all of their info that I can get at this really quickly. Hey I hope it does work though cause I got a friend who is rediculously weakthy and I bat he'd do this for me.
ROdney

How Can You Fix Your Credit?

Get ur credit report from all 3 places.equifax, experion, and there is one more..can't think of the name. Check it. Maybe there is things on there that should not be, if so, tell them and the credit place will have to place a rebutal on there and then you will have time to figure that out. Also place a FRAUDULENT ALERT ON THE REPORT. The agencies will have to contact you before anything is placed or bought. And if there is things on the report over 7 years, call them and explain to them, most of the time, they will take it off. In some cases, the place you had credit with probably doesnt exist anymore and when the credit ppl send a inquiry, it will come back unanswered and they will have to clear it off of the report. keep a check on ur credit every year. each agency will send you one report free yearly. Hope it helps

A note on this issue. My parents had me as an authorized user about 11 yrs ago when they lived in a different state. They ended up filing bankruptcy a few yrs later due to medical but when I got my Trans Union report the other day I saw that it was on my credit report and consequently it is my lowest FICO rating. I need to call them and have them take it off. I've never had to do this before, hopefully it wil be quick as I'm trying to buy a home. So I wasn't responsible for the bill but I certainly got the bankruptcy listed on my credit. I would hope that if it was good credit it would be reported as well.