First off i have 3 individuals credits under my name. 400 cl, 300cl, and joint with my wife 970 cl.
BK discharged on 5/2005 and my credit score is TU 548, Ex 539, EQ 545.
But my wife has me under as a authorizer user on her credit cards one with 2500 cl, and another 4000cl.
my debit/ratio is high and every time she makes makes a payment or uses the credit card
my score watch triggers an alert letting me know that my credit score has decreased/increased.
If i tell my wife to cancel the cards she has me as an authorizer user
1) will my debit ration go down?
2) will it be removed from my credit report?
or will it be just stuck on my report for 7 years? Has any one every experience this before?
feed back will be great!!!