Author Topic: Authorized user affect credit? (Read 8722 times)

Shiffy · « **on:** January 17, 2012, 12:48:45 AM »

I just checked my credit report (not score) and my spouse credit card which I'm an authorized user shows up on my report (has very high balance). I am not responsible for that acct and I'm only a user. I know this will affect my credit application. Should I dispute it? Or take of my user? And how long if I take it off until it clears on my credit report?

AsherO · « **Reply #1 on:** January 17, 2012, 12:52:53 AM »

Quote from: Shiffy on January 17, 2012, 12:48:45 AM

I just checked my credit report (not score) and my spouse credit card which I'm an authorized user shows up on my report (has very high balance). I am not responsible for that acct and I'm only a user. I know this will affect my credit application. Should I dispute it? Or take of my user? And how long if I take it off until it clears on my credit report?

If you remove it it'll probably take a bill cycle or two to clear (AFAIK, I have no experience with this). I'd say they might ask for an explanation and it might affect their decision. The other solution is to BT it to a business card (those don't report balances to the CB if the minimums are paid), that'll also take a cycle or two to reflect with the bureaus. I don't think disputing it will help.

Edit: to clarify, I don't think disputing it without removing the AU will help.

HelpMe · « **Reply #2 on:** January 17, 2012, 01:11:00 AM »

Once you are removed as an AU you can dispute it. I just did that with TU & EQ. EQ took about a week and TU was two days. In regards to business cards, some of them do report to your CR so be careful.

Saver2000 · « **Reply #3 on:** January 17, 2012, 01:25:45 AM »

Quote from: HelpMe on January 17, 2012, 01:11:00 AM

Once you are removed as an AU you can dispute it. I just did that with TU & EQ. EQ took about a week and TU was two days. In regards to business cards, some of them do report to your CR so be careful.

For example?

HelpMe · « **Reply #4 on:** January 17, 2012, 01:39:15 AM »

Discover for many. You can search CB and FWF for others.

Saver2000 · « **Reply #5 on:** January 17, 2012, 01:57:11 AM »

Quote from: HelpMe on January 17, 2012, 01:39:15 AM

Discover for many. You can search CB and FWF for others.

Discover business cc reports the balance to the credit bureaus? Sounds interesting.

Avid Reader · « **Reply #6 on:** January 17, 2012, 09:06:38 AM »

Quote from: HelpMe on January 17, 2012, 01:39:15 AM

Discover for many. You can search CB and FWF for others.

Are you talking about a case where there is a late payment/delinquency/charge off, or even regular activity?

Cbs · « **Reply #7 on:** January 17, 2012, 01:06:04 PM »

how come on my report (creditkarma) it doesnt show that im an AU on someone account? cuz its FAKO?

lunatic · « **Reply #8 on:** January 17, 2012, 02:04:12 PM »

This happend to me too. I called and had the authorized user taken off, and then called Chase Reconsideration back... and the guy approved me

Saver2000 · « **Reply #9 on:** January 17, 2012, 02:13:58 PM »

Quote from: Avid Reader on January 17, 2012, 09:06:38 AM

Are you talking about a case where there is a late payment/delinquency/charge off, or even regular activity?

+1
All business cc's report late payments to the cb.

Quote from: Cbs on January 17, 2012, 01:06:04 PM

how come on my report (creditkarma) it doesnt show that im an AU on someone account? cuz its FAKO?

Did they give your ss when adding you? If not, it will only show up if other info matches e.g. last name + address.

Quote from: bzuckerman59 on January 17, 2012, 02:04:12 PM

This happend to me too. I called and had the authorized user taken off, and then called Chase Reconsideration back... and the guy approved me

Did he do another hard pull?

Cbs · « **Reply #10 on:** January 17, 2012, 02:16:30 PM »

Quote from: Saver2000 on January 17, 2012, 02:13:58 PM

Did they give your ss when adding you? If not, it will only show up if other info matches e.g. last name + address.

they sure did

Saver2000 · « **Reply #11 on:** January 17, 2012, 02:18:51 PM »

Quote from: Cbs on January 17, 2012, 02:16:30 PM

they sure did

How long ago? Did their statement close since then?

Cbs · « **Reply #12 on:** January 17, 2012, 02:19:43 PM »

Quote from: Saver2000 on January 17, 2012, 02:18:51 PM

How long ago? Did their statement close since then?

ye prob 2 month ago

farmerjoe · « **Reply #13 on:** January 17, 2012, 02:22:24 PM »

Quote from: Cbs on January 17, 2012, 01:06:04 PM

how come on my report (creditkarma) it doesnt show that im an AU on someone account? cuz its FAKO?

Thats strange cuz i am an AU on someones card and it shows up on my report (creditkarma)!

Saver2000 · « **Reply #14 on:** January 17, 2012, 02:23:23 PM »

Quote from: Cbs on January 17, 2012, 02:19:43 PM

ye prob 2 month ago

Interesting. AFAIK, Citi, chase, and amex all report AU's. Was it one of those banks?

(Can anyone confirm this regarding BOA, Discover. . . )

Cbs · « **Reply #15 on:** January 17, 2012, 02:23:59 PM »

Quote from: Saver2000 on January 17, 2012, 02:23:23 PM

Interesting. AFAIK, Citi, chase, and amex all report AU's. Was it one of those banks?

(Can anyone confirm this regarding BOA, Discover. . . )

was with someones amex delta card

HelpMe · « **Reply #16 on:** January 17, 2012, 02:41:38 PM »

Quote from: Avid Reader on January 17, 2012, 09:06:38 AM

Are you talking about a case where there is a late payment/delinquency/charge off, or even regular activity?

Regular activity.

AsherO · « **Reply #17 on:** January 17, 2012, 02:43:23 PM »

Quote from: HelpMe on January 17, 2012, 02:41:38 PM

Regular activity.

I just realized my Discover biz card reports to the bureau.

HelpMe · « **Reply #18 on:** January 17, 2012, 02:44:49 PM »

Quote from: Cbs on January 17, 2012, 01:06:04 PM

how come on my report (creditkarma) it doesnt show that im an AU on someone account? cuz its FAKO?

This happens from time to time. If the FI does not report it how will it show on your CR?

HelpMe · « **Reply #19 on:** January 17, 2012, 02:51:07 PM »

Quote from: AsherO on January 17, 2012, 02:43:23 PM

I just realized my Discover biz card reports to the bureau.

I just realized I must be wrong.

One other one you might want to check is Crap1 (not sure). Other than that it would be FI’s that are no interest to members here. No need to go into reasons why because we been there enough times already.