Hi, I was wondering if anyone on here has had experience with renting out their credit history by adding an authorized user. I was looking at a couple of sites (boostmyscore.net, shareyourcredit.com) and they offer a decent amount of money if you'll just call your bank and add a user as an authorized user. They say there's little to no risk, (other than the credit card company shutting down your card if you do too many too quick) because the "authorized user" never gets to see of of your details, but they get the benefit of this card showing up in their credit history.
This feels risky to me, so I'm very hesitant. But the more I think about it, the more it seems that the absolute worst case scenario would be if the authorized user puts a charge on the card (if they'd get the number via a mortgage credit pull, that's the only kind that shows hte full cc number, and then somehow figures out your expiration/cvv). But in that event, couldn't you just report the charge as fraudulent, and close the account? Or something like that? Also, I believe the companies (boostmyscore, shareyourcredit) would go after them too, because they sign agreements not to do it.
Sorry for a rambling post! Just want to hear people's thoughts on this.