My question ...
If I was an authorized user on my ex-husband's account, of a CC that was charged off for missed payments, should that stay on my report for the same 7 years as his?
Thankfully, I've cleaned my personal credit up ... but that one BAD account is still on for another 1 or 2 years, can't remember which. I would love to have it taken off early.
@Diana56 wrote:My question ...
If I was an authorized user on my ex-husband's account, of a CC that was charged off for missed payments, should that stay on my report for the same 7 years as his?
Thankfully, I've cleaned my personal credit up ... but that one BAD account is still on for another 1 or 2 years, can't remember which. I would love to have it taken off early.
No, call the CRAs that it is on and request it be deleted, you have no resposnsibility for the account. If the CRAs refuse to delete file a CFPB complaint.
@gdale6 wrote:
@Diana56 wrote:My question ...
If I was an authorized user on my ex-husband's account, of a CC that was charged off for missed payments, should that stay on my report for the same 7 years as his?
Thankfully, I've cleaned my personal credit up ... but that one BAD account is still on for another 1 or 2 years, can't remember which. I would love to have it taken off early.
No, call the CRAs that it is on and request it be deleted, you have no resposnsibility for the account. If the CRAs refuse to delete file a CFPB complaint.
@gdale6 wrote:
@Diana56 wrote:My question ...
If I was an authorized user on my ex-husband's account, of a CC that was charged off for missed payments, should that stay on my report for the same 7 years as his?
Thankfully, I've cleaned my personal credit up ... but that one BAD account is still on for another 1 or 2 years, can't remember which. I would love to have it taken off early.
No, call the CRAs that it is on and request it be deleted, you have no resposnsibility for the account. If the CRAs refuse to delete file a CFPB complaint.
Be aware, that you will also loose the entire TL perhaps decreasing your AAOA. If you are down to a 1 year, it might do more harm than good.
Not to hijack a thread, but along the same lines, I used to be listed as an AU on a BofA account that went past due. As soon as I learned of it's status, I called BofA and had myself removed as an authorized user. I thought the account would dissapear from my CR, but instead the account owner was changed to "Terminated." (I believe this is where it used to say that I was an Authorized user. )
Can I dispute this account and have it removed? My concern is that instead equifax will just update it with the same information but making it more current, which would be more harmful to my score. The late pay activity was about a year ago, and the TL hasnt updated since August so should I instead just let it be?
@sadiespapa wrote:Not to hijack a thread, but along the same lines, I used to be listed as an AU on a BofA account that went past due. As soon as I learned of it's status, I called BofA and had myself removed as an authorized user. I thought the account would dissapear from my CR, but instead the account owner was changed to "Terminated." (I believe this is where it used to say that I was an Authorized user. )
Can I dispute this account and have it removed? My concern is that instead equifax will just update it with the same information but making it more current, which would be more harmful to my score. The late pay activity was about a year ago, and the TL hasnt updated since August so should I instead just let it be?
Yes, you can ask them to delete the entire tl as not yours. Like I said earlier, you will lose the entire history good/bad
Thank you guys ..... I called TransUnion to dispute and ask them to remove it ... I had to go to Equifax's website to dispute and ask to remove, since they're phone system was messing up. So we'll see!!
Here's hoping they both remove it!
Oh and ... I don't care if I lose it, it wasn't worth holding onto.
Hmmmm??? My Fico alerted me today, that my score shot up from 700 to 720! I wonder if they removed the account THAT fast???
The only other 2 things I've done in the last few days are: had my CU pull my credit to be approved for a car loan, and did a balance transfer from Cap 1.
I doubt those two actions would cause it to go UP .... but that seems awfully fast to have taken the bad account off! What do you guys think?
Disputed accounts are not considered in scoring. So if you just disputed that account recently, your score was likely reformulated to ignore that account's existence.