Sorry if it’s a stupid question.
I’m taking a semester off from school at the moment and just moved home. I am trying to be more proactive about my finances during this time.
I have no debt (that I know of) academically or otherwise, and I had an apartment that I made monthly payments for. I tried to apply for a credit card thinking that I could use this time at home to build a solid credit score, but was denied.
I found out that my mom has an American Express in my name that I had no idea existed. If there is any debt to be paid on that card, would it affect my credit score? She told me it doesn’t matter because it’s, “under her account” but I’m not sure she’s right.
EDIT: (Update) Talked to her again and clarified that I am an authorized user. She does pay the bill every month (somewhere in the realm of ~$3k monthly) and is helping me build credit. I am still going to remove myself off the account, as I want the peace of mind, but she had my best interest. Thank you again for all the help!
EDIT 2: This thread got kind of
Submitted August 05, 2019 at 07:18PM by trashwest https://ift.tt/2T9K8vT
