Credit Cards

[newyork21]

My mother added a card, in my name, to her account.  She recently fell into financial trouble (last year) and the card went into collections.  The card is now paid off and closed but is showing up on my Report (as a joint card).  I assume this will affect my FICO score and wish to remove it as I was not the primary Card Holder nor have I even used it in the past 2 years.  Does anyone know if this is possible and, if so, how to go about it?

I appreciate any help regarding this matter.

[Timothy]

If you signed the application- you are gonna be stuck

You can try a "Not mine" dispute.

---

newyork21 wrote:

My mother added a card, in my name, to her account. She recently fell into financial trouble (last year) and the card went into collections. The card is now paid off and closed but is showing up on my Report (as a joint card). I assume this will affect my FICO score and wish to remove it as I was not the primary Card Holder nor have I even used it in the past 2 years. Does anyone know if this is possible and, if so, how to go about it?

I appreciate any help regarding this matter.

---

[MidnightVoice]

If it is truly a joint card, it is your debt and is showing up correctly

[newyork21]

Is there any other type of card it can be?  We did not sign up for it at the same time she only added me. 

Thank you for your response

[Timothy]

I could have been a AU (authorized user) that was reported wrong.

If you dispute it - the worse thing that can happen is they verify it is a joint account- and do nothing.

---

newyork21 wrote:

Is there any other type of card it can be? We did not sign up for it at the same time she only added me.

Thank you for your response

---

[MidnightVoice]

---

newyork21 wrote:

Is there any other type of card it can be?  We did not sign up for it at the same time she only added me. 

Thank you for your response

---

You could be an AU, but if it is showing up as joint, it seems like joint.  Does it show as "joint" or "shared" on all three CRs?

[newyork21]

Yes I think that's what I was on it, an AU.  I just called Equifax and they suggested I call the CC Co., I will try that. 

Thank you for your replies.

[newyork21]

It says Joint...   I believe it should be AU.  Actually it shouldn't be anything as I had requested I be removed from the card before her financial state took a turn for the worse.  I will have to call the CC isuer and take it up with them.

I didn't know you can be added as a joint.  Does it affect your score differently Joint vs. AU?

Something that was meant to help my credit ended up hurting it in the end, go figure...

[Creditaddict]

Call the bank, tell them you wish to be removed from the card. What bank is the card with?

Since it is joint, they will have to send you a form, that both parties sign saying who wants to be removed and who wants to take over responsibility of the account.

The person staying on the account is signing that they want this account on there own and they will pay it.  Most experience I have had with this is very easy to do and they just remove, HOWEVER, some banks will actually pull credit and see if they would want to offer that person a card (this card) with just there credit. if they feel it is not good enough, they will leave the account as is and you would still be on it.

Banks that I have done it easy, Nordstrom, Citibank

Banks that declined the removal of joint - Chase, Usbank

That's my experience.

BUT, if you do get your name removed than you can go to your credit reports and say this was not my account your name was on it by mistake or something, it has been removed now, will you now remove it from my credit file.  it might still stick but you would have a better chance fighting it if it is a closed account on your file because you have been removed from joint then if it was still a current account you own.

[newyork21]

It is a Chase card and I believe I have already done that signature page with them over a year ago.  I will have to look into this further.  My head is spinning right now ha!

Thank you

[SmartCookie]

hey newyork21,

With Chase, if you had to put in paperwork to remove, you were joint and not AU.    

If you are able to get someone helpful there who sees the error, hopefully you can preserve the TL as it was in good standing when it should have last reported at  the time you removed yourself from it.  Chances are though you are going to wind up losing the entire TL, which is still better than what it sounds like it is looking like now.

G'luck with Chase.  I find them helpful but if this confuses them, you might want to write and get proper attention to it. 

[newyork21]

Thank you smartcookie   I appreciate your resonse.  What does TL stand for?  Time Line?

[SmartCookie]

Tradeline, which is the entire entry for that OC. 

[Dicethacredit]

And just to add also if you were just added as AU on her account as a non-spouse account you should not get any derogratory records on your credit for that same account if she missed some payments or if the account was transfered to the collections... Correct me if im wrong but I believe to be a joint account holder, you and your partner should apply for the card at the same date and that is how the joint account type works.. Now its also possible that you were added as a spouse accidentally so if that happen you can make a dispute with the creditors and they will send a letter with the credit bureaus if they did mistakenly added your name as a spouse on her account... whew!! hope this helps..^_^