FICO08 - Cap One and Citi will not convert authorized user to joint account holder
One of my long time clients is an AU on several of his parents’ cards. Since TU no longer rates AUs, he tried to become a joint account holder.
Both Capital One and Citi declined to add him as JOINT account holder.
WHY would they do that? There is NO increase in risk and they have ONE MORE person to go after. I don’t get it.
Does anyone know what’s up with that?
Posted by Christine on 05/08/2008 at 03:38 PM
2003 Suit (appealed, Experian filed credit reports on PACER) • Fair Isaac - credit scoring fraudware • FICO 08 -- Authorized Users • (0) Comments • Permalink
