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Established Member
racing99
Posts: 22
Registered: ‎04-28-2008
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AU question??

My DH is an AU on someone else’s Citi Bank card the CL is 3600. And the balance is 2700. This is the only CC he has(revolving credit). It’s in good standing never late. Should he remove his name or keep his name on it. The dept to credit ratio is 76% is that high? also the card holder got a letter stating that the credit dropped to 2800.noe it looks likes it's maxed out.What should he do??

 

Thanks

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haulingthescoreup
Posts: 28,098
Registered: ‎04-01-2007
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Re: AU question??


racing99 wrote:

My DH is an AU on someone else’s Citi Bank card the CL is 3600. And the balance is 2700. This is the only CC he has(revolving credit). It’s in good standing never late. Should he remove his name or keep his name on it. The dept to credit ratio is 76% is that high? also the card holder got a letter stating that the credit dropped to 2800.noe it looks likes it's maxed out.What should he do??

 

Thanks



If I were he, I'd get off of it PDQ. The 76% util is very high, and now it looks like Citi is chasing the balance on it.

Rule of thumb for AU cards:

Older than your AAoA (average age of accounts)
Very low or 0% util
Squeaky clean history, no baddies at all
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

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