I’m 18 with a credit score of ~719. My grandfather added me on his Lowe’s credit card ($8,000 limit). He’s had this credit card for over two years and it shows up on my credit report as if I’ve had it for over 2 yrs as well, even though he just added me to it approximately a month ago.
To be honest I am unsure of whether I am an authorized user or a joint owner ( I am assuming I am an authorized user ). This is the only credit history I have besides my phone bill that I’ve had for only 2 months.
I was wondering how this would affect my chances of getting a car loan with Navy Federal Credit Union in a couple months? Would they see that I am only an authorized user and decide not to give me a car loan until I establish some other credit?